Replies to post #711928 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Net worth is only sorta growing

Cash kept - earnings kept

but IOU - LP grows

depends on what eventually happens with LP or SPs --- if discharged we grew nicely - if converted to common - we never had a penny of help

[Stern is Bald]

Don't understand a thing you're saying..