Fannie Mae-No Politics (FNMA)

[chessmaster315]

Its a "big suprise" that retained earnings are negative, when the government has been confiscating all the earings since 2012. If you add back in the 51 billion stolen by the government, and the "cooked books" DTA's, low and behold, you have a good company. There are lawsuits on the accountants who cooked the books, enabling the govenment to take over this company under the guise of conservatorship supposedly to help us become sound again.
If you paid out 100% of your income to the government for the past 4 years, your finances would likely be bad, too.

Its a testament to the strength of this company. I know my finances would fail if the government confiscated 100% of my earnings well before 4 years. Many people can not go one week without a paycheck or become homeless. Making it 4 years without income means they were very very sound condition, when the government took them over.