Replies to post #16515 on Fannie Mae Preferred S (FNMAS)

[brandemarcus]

Well all you have to do read that the Seattle Times article. The quote is at the time of the settlement the options were of "negligible value". It 's not spending valuable time fighting a parking ticket even though you think you were right.

[taintedfud]

" he allegedly asserted that Fannie Mae had "about zero percent" exposure to subprime loans.
"

well it was 170 billion, but that was our of 4.5-5 trillion. close to zero when we compare numbers.