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Re: jjo1fam post# 28100

Thursday, 05/09/2013 1:07:25 AM

Thursday, May 09, 2013 1:07:25 AM

Post# of 865961
Excellent DD, thanks for posting that. yes treasury money slowly has been paying down. Also they cannot take all the profit. each year 10% of the amount of bailout money the Treasury gets as dividend. for example. The Treasury gave 117 billion dollars to FNMA. they can take 11.7 billion dollars each year as dividend. If FNMA made 40 billion dollars profit this year they will pay just 11.7 billion dollars as dividend. The rest will be the company's asset.
REMEMBER the company made 17.2 billion dollars net profit in 2012 and paid 11.7 billion dollars as dividend. 5.6 billion dollars left for the company.

EVENTUALLY FNMA FULLY WILL BE OWN BY SHAREHOLDERS. NOW WE ARE OWN 21% OF FNMA

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