Replies to post #1602 on Fannie Mae Preferred S (FNMAS)

[skibrian]

jemiller....I'm even willing to give the govt an annual 10% return before releasing the co's. I hope they do that by converting a chunk to commons and selling on the market. net investment plus 10% ok with me.

commons doomed under all scenarios. well, maybe not over the long, long, long haul under the conversion AIG-type scenario. Let's hope Millstein prevails and not KBW analyst.