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big-yank

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big-yank

Re: capitalismforever post# 372455

Wednesday, 12/21/2016 7:28:12 AM

Wednesday, December 21, 2016 7:28:12 AM

Post# of 796308
Garbage. Fannie Mae earnings have been inflated by approximately $3 B per year by government eliminating the payment of dividends that were historically delivered to shareholders. Including this $3 B gaffe in computing a 10X S/P is a mistake even freshman business school majors would be unlikely to make. It's a 30% over-inflation.
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