Fannie Mae (FNMA)

[Patswil]

Meanwhile, Mr. Calabria said, taxpayers would receive additional shares in the companies—the equivalent of new stakes in a firm preparing to launch an initial public offering—in exchange for allowing the companies to retain earnings now.

Through June, the companies have paid about $300 billion in dividends to the Treasury, while taking some $190 billion from taxpayers in the years after the 2008 financial crisis. The companies have paid an average $18.2 billion annually over the past three years to the Treasury.



This is TOTAL BS!!

Reducing those payments would add to a widening U.S. budget deficit that is on track to exceed $1 trillion a year.