Fannie Mae (FNMA)

[jumpingjohn]

BIG DIFFERENCE: GM filed for Chapter 11 Bankruptcy, to much dept.
FNMA was forced into receivership by deceitful Obama Adm.


CapitalismForever made a good point. Like General Motors, this is what will happen if the GSE's go into Receivership:

https://en.m.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization

Commons will be wiped out, and a new entity will be formed. That new entity will then be IPO'd as a new company w/ new shares.

They're also building a NEW Fannie Building, so maybe that has something to do with what's down the road for the 2 companies.

Holy $&@t!