Article out on Bloomberg on FNMA FMCC. Quite a slanderous and biased article based on little fact or truth and a lot of rumor. Just look at this: "After its latest payments to the Treasury Department, Fannie Mae will have sent a total of $95 billion, though it still owes $117.1 billion to the U.S. after taking capital infusions to survive that can’t be repaid. The current terms of its bailout agreement require essentially all its profits have to be sent to the U.S. as dividends"
just where the f*#$ did that come from? Who says it can't be repaid? These news sources are a god-damned joke.
"Republicans in the House of Representatives are also writing a bill. All of the measures are likely to include provisions intended to eventually eliminate Fannie Mae and Freddie Mac." Says who
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