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Post# of 796328
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Phisherman

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Phisherman

Re: None

Wednesday, 10/29/2008 2:10:07 PM

Wednesday, October 29, 2008 2:10:07 PM

Post# of 796328
FANNIE EYES $20.6B WRITE OFF
Fannie Mae (FNM:$0.9299,$0.1399,17.71%) says it will write down the amount of deferred tax assets on its books as part of the mortgage company's 3Q report, potentially erasing all $20.6 billion the company had available to offset taxes on future profit. Shares up 8% .

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