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chessmaster315

04/17/20 7:37 AM

#604988 RE: mrfence #604973

JPM chase was "about" 20 bucks a share in the 2008-2009 financial crisis. FNMA was in the 40 to 50 range shortly before the crisis where
BOTH JPM chase and FNMA were "bailed out".

JPM was never put into conservatorship, instead they were given billions..and a license to "dump" toxic loans on FNMA, which they did.

JPM pays its shareholders a generous dividend "even tho" they have not paid back all that is owed to the US government.

Fannie does not pay a dividend to shareholders, but instead, all the money has been confiscated for 11 years.

Chase has increased in (shareholder) price about six fold...to 137 per share..(Feb. 2020).
So, it follows that FNMA..trading at 50..should be six times that..,
remember, both Chase and FNMA are involved with mortgages.

So, yes, it follows that FNMA, had we not been put in conservatorship in order to fund obama care and robbed blind for 11 years, could/should be priced at about 6 times what it was prior to the 2009 crisis. But this doesnt even count the shareholder dividends..which..our government stole. So, using that meteric, FNMA could be valued..if not for government theft..at 250 plus per share..plus 11 yearss of dividends.
Remember, chase pays dividends, "even tho" they did not pay the government back for the bailout. Source:https://projects.propublica.org/bailout/list

Scroll down and see that both Chase and Wells Fargo have not paid the government back..but pay their shareholders dividends..