Fannie Mae-No Politics (FNMA)

[Bodach]

Because all profits are going as dividends to the treasury as of the current structure. If this was not the case, there would be no need to speculate about this structure changing in favor of the shareholders. Then the price would reflect book value at least.

But we're all here (for the most part) because we believe that structure is going to change for our benefit when the government profits exceed the bailout given.

There are many, many reasons to feel that way. But in the end, it is speculation. Risk/Reward.

if FNMA is making "billions" why no dividend for share holders??