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skibrian

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skibrian

Re: None

Thursday, 04/11/2013 4:53:18 PM

Thursday, April 11, 2013 4:53:18 PM

Post# of 17761
Fannie CEO - Common and preferred shares have soared since then as investors have bet there’s a chance lawmakers will allow the company to become independent again now that it’s profitable.

Fannie CEO response:

“I’m not sure those investments are being made on the basis of business fundamentals,” Mayopoulos said in the interview, which airs in full April 14 on “Capitol Gains.” “There might be bets on really what people think the political outcome is going to be.”

http://www.bloomberg.com/news/2013-04-11/u-s-could-profit-from-fannie-mae-bailout-ceo-mayopoulos-says.html?cmpid=yhoo

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