Replies to post #6574 on Fannie Mae Preferred S (FNMAS)

[44centsAKAchoccake]

See post 6375. It amounts to a "public interest" standard. Not going to happen until taxpayers are repaid in terms of net investment, but once that happens, just the "it would be good for the commercial banks that have GSE preferred stocks" argument would be sufficient to meet the public interest standard, imho. I hope Camden Fine is paying attention, lol.

[Ace_of_Wands]

Doof that I am finally did the math on the divvies. Resumption of dividends would cost F&F the same as full redemption, but over the period of 16 years, give or take. By comparison, divvies are a no-brainer, c'est vrais?