Fannie Mae to Pay Treasury $59.4 Billion After Record Profit
Fannie Mae's net worth was boosted by release of a valuation allowance on deferred-tax assets, the company said.
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“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?)
Since: Sep 11
#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
#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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