FNMAT is available to buy online through Fidelity - I have bought through an IRA and general account both without a problem.
A huge thanks to this community and the legal eagles here for your insights. I studied this case for Corporate Law paper as part of my MBA in early 2016 (5th amendment violation), and have greatly appreciated all the insights ever since. Thanks a lot!
hey doc, did you get a good grade on your paper?
Yessir, A for originality. Thanks again for your insights Cherzeca!
Fingers crossed going into this big catalytic event, whenever and however it unfolds.
edit: my analysis back in April was that preferred shares are protected by the Fifth amendment - even if companies are liquidated (which Fifth amendment allows), "just compensation" and liquidation preference would provide a margin of safety perhaps of par value. The commons are outside my little circle of competence.
Fairholme not selling any shares even now is a very very good omen in my opinion, as the catalysts are now political.