Fannie Mae-No Politics (FNMA)

[rjanderson383]

Never works out???

Look at Sallie Mae, the only other privatized GSE that I can recall.... you would of make close to 75 times your money plus common stock dividends every quarter.....can i say weeeeeeeeeeeeeeee

We live in America. SEC is in existance. Look up reasons why a company can eliminate common stock... It is not cuz they are successful and profitable. LOL

http://www.treasury.gov/about/organizational-structure/offices/Documents/SallieMaePrivatizationReport.pdf


GSEs differ from
both Federal agencies and private companies in that although they are created by Federalstatute generally to fill some unmet need in the credit market

and although they are
instruments of Federal policy, they are owned and managed by the private sector. As
such, SLMA’s board and management had a fiduciary duty to shareholders.