Replies to post #13552 on Fannie Mae Preferred S (FNMAS)

[44centsAKAchoccake]

"reduction in net worth by the 3rd. On year #5 this is zero."

Book equity capital of zero doesn't necessarily mean receivership. Earnings, cash flows, and "market cap" are all doing fine. They just need to let FnF recapitalize and everything will be fine.