Replies to post #567274 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

Fannie and fredie are not broke, other than theft by the government.

We are highly profitable, in fact so profitable, the government vowed to steal what we own. They didnt steal from smaller companies, as they wanted to steal much.

Just look at the company earnings...they are a consistent earner, and dividend payer prior to the conscrewtorship.

Even with government mismanagement, fannie has done well.