Fannie, Freddie and the Debt Rollover Problem [View article]
“Those preferred yields suggest that bondholders may not be made whole by whatever shape the bailout takes.” It suggests nothing… Nobody knows what will happen with PREFERED SHARES holders… And even if PREFERED SHARES take a hit it doesn’t mean ANYTHING for BOND holders… My guess is that you already know that but it since you like to twist the facts to accommodate to your agenda, it is useless to ask for some accuracy from your part… right?
Fannie, Freddie and the Debt Rollover Problem [View article]