You should be thankful that the Preferred stocks are in place as the original rights travels (as opposed to fellow travelers) with the stock - not so much as with commons.
You simply do not know how the JPS contracts (and/or concept) functions and keeps in place the rule of law.
FHFA has already been sighted for abusing Shareholders and it’s just a matter of time before this judgement is used to lift the curtain so all the public can see what actually happened.
It’s a wait and see situation based on how long Govt can keep their court judges in play.
Bottom line: if administration wanted to release control back to Botof Directors, it would have done so. Instead, they prefer to waist millions on presidential appointees that do what the FHFA and Treasury dictate. There are definitely decisions to be made, and to whose benefit?
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