Replies to post #533 on Fannie Mae Preferred S (FNMAS)

[skibrian]

interesting post on UK rail

it think the difference is that there was a strategic plan to nationalize rail service (today it's hybrid, uber regulated, but also with private companies like Virgin rail service). They knew they had to pay shareholders, it was planned. I think there are those that will argue that F&F were bankrupt, or would be without saving them, and thus they can leech them down without compensation. if spinning them out as private entites takes place, it will have to require compensation, or slow release back to private shareholders like AIG.

we'll see.