Replies to post #356312 on Fannie Mae-No Politics (FNMA)

[brandemarcus]

How do two bad quarters discredit her projections? In excess of 200 billion and 16 quarters and you talk about 2 bad quarters that will reverse. It's you who dismiss 200 billion in income so go line by line and tell me how much exactly is phony!
Go through line by line , tell me exactly how much of that in excess of 200 billion is refuted by 5 to 6 billion of derivative losses. Basic math!
200 > 6. You can't even find one quarter of losses at Fannie either.
Where's the beef! Show me some actual numbers. What projections were used?
If you want talk about repeating the same stuff over again then let's talk about using the same play book from 2009 on those stress tests. I keep bringing the same stuff up, because you never refute with actual figures.

Now there's 35 billion still in the loss reserves and real net interest income of over 25 billion per year coming in at the companies.
Houston, where is the problem?! Numbers, this an investment board!

[brandemarcus]

When have Capuano and Warren called for replacing the banks and nationalizing them ? How about phasing them out and creating a new government program to replace them or turning them over to insurance companies ? Have they called them a failed business model and yet how much have the banks , investment banks , saving loans cost the tax payer in the last 30 years ? What about all the lobbying by the big banks against the Gse's over the years! Let's be consistent here. Let's talk about an ongoing guarantee by the Federal government!
Let's talk about the investment banks that were bailed out in 2008, when they were not actually paying Fdic coverage. Those premiums are not nearly enough for the actual risk anyway.