Replies to post #342865 on Fannie Mae-No Politics (FNMA)

[SGINPHX]

I guess thanks Surf..lol...what I don't understand and I hope someone can explain is that when they use numbers like 7,5% return that is based on the whole 8 year run at the whole price "borrowed" but in the first year we paid something like 55 billion as I recall and the 10% dividend would have been approx 18 billion so we should have PAID DOWN the orig note and hence substantially changed the "dividend" amount. This as I recalled happened a few years in a row. Had that happened even with the smaller profits now the dividend amount on the smaller balance would have been easily paid? Am I missing something?? Thanks

[Dax1]

I'm confused! Isn't this the appeal case we have been waiting on a decision any day? Weren't oral arguments 4/15? How are they even allowed to submit something like this , this late? Or, am I thinking of the wrong appeal?