Fannie Mae (FNMA)

[JJ8]

U.S. Declares Bank and Auto Bailouts Over, and Profitable
By JONATHAN WEISMANDEC. 19, 2014

WASHINGTON — Six years after President George W. Bush began the auto bailout, the Obama administration on Friday declared a profitable end to the sweeping federal interventions in Wall Street and Detroit, saying a final sale of stock from General Motors’ former finance arm had closed a turbulent chapter of the financial crisis.

The programs “that helped restart the flow of credit to meet the critical needs of small businesses and consumers are now closed,” declared Treasury Secretary Jacob J. Lew. “And while the goal was always to stabilize the economy, and not to make a profit, it is important to recognize the return we have earned for taxpayers.”

PS1: Interesting revelation in the part underlined from the article. It remains to be seen if it has an implication also for the GSE.

PS2: 3 signatures added