Fannie Mae (FNMA)

[ShortPutCall]

When I say CEO I mean head of FHFA Mel watt, as he has full control. no one else has any say. He is a puppet for the he govt. Even if he agrees or not he signed the profits away. The govt did not pass a law saying fannie needed to give up profits. To non sharhilders or anyone who can careless it looks like a good deal. The Fed offered basically an unlimtied creit line of cash in return for profits. No need to stock pile cash when you have acess to a bigger piggy bank. The govt spins it through media as the profits they take from fannie they use the term "money going back to tax payers" LoL sounds sweet though people tend to relize it means nothing.