Replies to post #605144 on Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Exactly. The seniors are being accounted for as debt on the books, but when they disapear....waalaa.

[mrfence]

That's the White Magic that resets the voodoo accounting back 12 years returning over a decade of profits to $FNMA~ $FMCC~ books overnight :-)

These issues ran from 30¢ to over $5 when a similar accounting deception returned some 54 bil TDA (tax deferred assets) profit to the books in one quarter. Then the NWS (net worth sweep) swished it back under the voodoo rug as the stock was on the rise.

The issues have been trading between $1 and $6 ever since with savvy individual investors, institutions, and hedge funds accumulating the modest float.

The GSE's are On The Brink of restoration that which has rightfully belonged to them all along.

The upside is staggering under any analysis.

Welcome to the $FNMA~ $FMCC~ Thrift Shop, GLTA! :-)

10 $FNMA~ $FMCC~ tickets for $20 come Monday...

...while supplies last :-D

[trunkmonk]

the core capital represents common stock less treasury stock, stated value of preferred stock, paid in capitol, retained earning or accumulated debt.
dump Ps and get back stolen capitol, we are golden.