Replies to post #778281 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

Wrong again. As always.

[Donotunderstand]

the juniors will end up taking a haircut to par

and --- should I assume this is the PAR called FACE $25

and not the penny or 1 dollar so called par on many IPO documents

so - if say $25 on the $25 - how is that a hair cut ??

[JOoa0ky]

Wasn't the prejudgement interest due to the state they were incorporated which allowed/denied them? IIRC that was why freddie was excluded.