Replies to post #9777 on Fannie Mae Preferred S (FNMAS)

[betahighlander]

you are just going to confuse him David. I think many posters have him on ignore as the lack of response to his posts seems to indicate

[littledevils90210]

The DTAs will hit the contra account once it expires....The offset is there I agree...Hey goober...I played contra growing up...it was a good game...go figure...devil

[Joe Stocks]

Dave, I think you are failing to appreciate the $50 bil that
has left the building, and fannie may have taken on $50 bil in debt to make it happen. That has to affect the balance sheet.

I am not an accountant but I do know that nothing offset the DTAs that were brought back onto the balance sheet that increased net worth. This quarter an equal $amount to those DTAs is being sent off to the UST as a dividend. How they funded that payment we do not know. I guess we will wait till the actual financials to come out to agree.