http://www.investorprotection.com/blog/2010/07/21/fannie-mae-freddie-mac-preferred-shares-a-disaster-for-main-street/ Sat, 12 May 2012 07:14:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.investorprotection.com/blog/2010/07/21/fannie-mae-freddie-mac-preferred-shares-a-disaster-for-main-street/#comment-223037 jarnold Mon, 02 Jan 2012 23:07:49 +0000 http://www.investorprotection.com/blog/?p=889#comment-223037 I purchased $100,000 worth of Fannie Mae preferred based on their ratings. Shortly after my purchase the stocks fell and the dividend was cancelled. What are my options for any recovery oof our original pricipal? I purchased $100,000 worth of Fannie Mae preferred
based on their ratings. Shortly after my purchase the stocks fell and the dividend was cancelled. What are my options for any recovery oof our original pricipal?

]]> http://www.investorprotection.com/blog/2010/07/21/fannie-mae-freddie-mac-preferred-shares-a-disaster-for-main-street/#comment-72258 robert Wed, 09 Feb 2011 04:39:13 +0000 http://www.investorprotection.com/blog/?p=889#comment-72258 I retired in july 2008 using Smith Barney as my plan manager I was advised to invest 20000.00 each in Fannie Mae and Freddie Mac. This was pre recession afterwards prices fell, the broker advised to just wait, the price later dissolved to almost nothing however I was given a redemption on freddie mae for the full principle nothing for freedie mac where the perpetual call starts 12/31/12 hoping for a miracle I retired in july 2008 using Smith Barney as my plan manager I was advised to invest 20000.00 each in Fannie Mae and Freddie Mac. This was pre recession afterwards prices fell, the broker advised to just wait, the price later dissolved to almost nothing however I was given a redemption on freddie mae for the full principle nothing for freedie mac where the perpetual call starts 12/31/12
hoping for a miracle

]]> http://www.investorprotection.com/blog/2010/07/21/fannie-mae-freddie-mac-preferred-shares-a-disaster-for-main-street/#comment-27237 Michael Sat, 04 Sep 2010 02:43:12 +0000 http://www.investorprotection.com/blog/?p=889#comment-27237 I am 73 year old and I bought 50K worth of Freddie Mac prefferred stock through Charles Schwab in my IRA when the ratings were at least AA. When I saw the stock start plummetting I called the Schwab Bond broker to ask what was going on, he played dumb, "Why what's going on"?Schwab should be held responsible. I am 73 year old and I bought 50K worth of Freddie Mac prefferred stock through Charles Schwab in my IRA when the ratings were at least AA. When I saw the stock start plummetting I called the Schwab Bond broker to ask what was going on, he played dumb, “Why what’s going on”?Schwab should be held responsible.

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