Fannie Mae-No Politics (FNMA)

[kthomp19]

As I have stated before, when it suits them, the govt claims the SPS was an investment. At other times that it's a loan.

Wrong. It was always an investment and it was never a loan.

When Fannie states "amounts attributable to Senior Preferred Stock" Fannie is signifying that the SPS is considered a loan.

Wrong again. This statement does not at all imply that the senior prefs are a loan.

Also, as I have repeatedly stated, if the SPS were a loan, it was paid back a decade ago. If it was an investment, then the corporations have always been capitalized, and there's been no need for the conservatorship.

And every time you said it you were wrong, among a whole host of other things you have been wrong about.