Fannie Mae taps another few billion.
Fannie Mae taps $7.8 billion from Treasury, loss widens
I can't even get a grip on all the things wrong with this scenario.
1. What were they doing holding derivatives?
2. What were they doing paying dividends during a loss?
3. Why are they still taking losses from 3 years ago?
4. Why are we paying for it?
I can't even get a grip on all the things wrong with this scenario.
1. What were they doing holding derivatives?
2. What were they doing paying dividends during a loss?
3. Why are they still taking losses from 3 years ago?
4. Why are we paying for it?
1 Comments:
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