Replies to post #4092 on Fannie Mae Preferred S (FNMAS)

[NewJerichoMan]

Now that is shock and awe!!

[44centsAKAchoccake]

Net income for the full-year 2012 was $11.0 billion, compared to a net loss of $5.3 billion for the full-year
2011. The improvement primarily reflects lower provision for credit losses, lower derivative losses and
higher income tax benefit. Comprehensive income for the full-year 2012 was $16.0 billion, compared to a
comprehensive loss of $1.2 billion for the full-year 2011. The improvement is mostly driven by higher net
income.

[jwnoble3]

Any thoughts on why TSY is allowing them 3B in retained earnings...why not sweep it all?

JW