Fannie Mae (FNMA)

[brandemarcus]

It's your hero Paulson that created this accounting mess by not allowing the booking of offsetting gains or losses on held to maturity items.
The accounting scandal (2002-2003)that you bring up all the time includes Freddie mac.
They were accused of trying to smooth fluctuation caused by the hedges. Is that what you want them to do now? They actually under reported net income for 2002-2004.
Do you want them to not hedge their assets in the first place?
What happens if interest rates go back to 6% and they are stuck with 4% mortgages?
Finally ,how is quarterly dividend on 117 billion at 10% per year equal to 29 billion per quarter as per your post?