Replies to post #13893 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

You forgot to mention the questionable (politically motivated) accounting that drove FnF's bailout 'balance' higher than was actually justified.

I suspect that working back through those numbers a case could be made that Uncle Sugar has already profited handsomely and indeed should be satisfied with the outcome now.

Of course, I'm biased.