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Federal Home Loan Mortgage Corporation Message Board

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  • android_stocks android_stocks Aug 20, 2009 4:54 PM Flag

    $50 FRE preferreds trading at $2.25

    All these preferreds are rated as Junk by S&P since Freddie Mac cut their dividends to 0. With government issue shares having the highest seniority, u will be lucky there is anything left for preferred shares once company liquidates, and that is a distinct possibility.

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