Replies to post #3832 on Fannie Mae Preferred S (FNMAS)

[Ace_of_Wands]

AIG prefs went to full value, from rough parity to F&F pfds, by sept 2009.

If I had been there instead of here. My god.

LOL

[rosen62]

There was a proposed bill in Congress calling specifically for that, bringing them in for receivership before a short bk/restructuring takes place. Then, letting them out. Can't remember which Senator this bill belongs to but it's out there.