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Monday, November 29, 2021 1:16:31 PM
I know they had $95 billion in capital just prior to conservatorship.
https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=Statement-of-OFHEO-Director-James-B-Lockhart-in-Support-of-Secretary-Paulson,-Administration-and-the-Federal-Reserve-in-T.aspx
I know they are the first & third most profitable corporations by employee.
https://www.visualcapitalist.com/the-20-most-and-least-profitable-companies-per-employee/
I know there are many shareholders fighting the government fraud.
A new lawsuit is filed in Fannie Mae and Freddie Mac Shareholder Litigation (in red) "21-1949 Michael E. Kelly v. United States", it is the same style as the Fairholme and Perry #fanniemae #freddiemac $fnma $fmcchttps://t.co/MCx4IO2NHe pic.twitter.com/3UoYdGNHQf
— Ano (@Ano3020100) October 4, 2021
I know that their combined book of business now exceeds $7 trillion. This means they should earn well over $20 billion annually.
I know that they have been allowed to retain profits and, in a short time, have accumulated $67.5 billion in equity.
I also know that last week one individual/institution acquired 171 million shares of FNMA and another individual/institution acquired 171 million shares of FMCC.
Which of the above didn't you know?
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