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Monday, February 24, 2014

Fannie Mae's Paybacks Now Exceed Amount Borrowed In "Bailout"

Yep. 
They brought out the big guns.
Fired scattershot...

And it worked!

***

American "conservatives" will have no comment on the following news item:

Fannie Mae payments to U.S. to exceed bailout. "On Friday, Fannie Mae passed a milestone years in the making. The District-based mortgage giant announced that by next month it will have sent the Treasury more than it received from a taxpayer-funded bailout. Fannie reported that it will pay the government $7.2 billion in March. With that payment, the company will have sent $121 billion in dividends to the government -- compared with the $116 billion it requested from the Treasury." Dina ElBoghdady in The Washington Post.



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