Fannie Mae (FNMA)

[contrarian bull]

absolute value
(its been a while)
so errors to the RED and the GREEN (losses and gains shorthand) were added not netted ?
seriously ?
what a sham if I understand correctly
no wonder not reported much - it is a nothing burger again

Navycmdr sent a more detailed description of this almost "$600 Billion" error in an earlier post today (post # 448437). I had not seen that until after I sent my message. It seems the actual error when netted out was only $3 Million. So the error was exaggerated by a factor of over 100,000.

Yeah. I mean to me - $3 Million is a lot, but compared to the trillions of dollars these transactions represent it's actually a very small net error.

You know what they say:
"A politician uses statistics the way a drunk uses a lamp post. For support rather than illumination".