Fannie Mae to Pay Treasury $59.4 Bill...

Fannie Mae to Pay Treasury $59.4 Billion After Record Profit

There are 3 comments on the www.businessweek.com story from May 9, 2013, titled Fannie Mae to Pay Treasury $59.4 Billion After Record Profit. In it, www.businessweek.com reports that:

Fannie Mae's net worth was boosted by release of a valuation allowance on deferred-tax assets, the company said.

Join the discussion below, or Read more at www.businessweek.com.

“your life is great”

Since: Aug 09

you poop in clean water

#1 May 9, 2013
another 22 billion and they'll be paid up.
(no intrest though huh?)
BandMaster

Since: Sep 11

Location hidden

#2 May 9, 2013
That's not going to help all the homeless and people with ruined credit because of Barney Frank and the democrats.

“Open your eyes”

Since: Sep 09

Central Florida

#5 May 10, 2013
And where does that profit go once paid back to the Treasury?

It does not go back the people.

It goes to the Federal Reserve to pay interest on loans that government has taken out without the people's approval.

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