Want Consumerist in your inbox? We will not sell or rent your email
Fannie Mae lost $2 billion in the first quarter. Whoopsie. [Chicago Tribune ]
Wow, only two billion? Good job!
Did they check under the couch cushions? That’s where I look when I lose … wait, $2 billion??? nevermind.
I agree. I think it’s bad karma from all those soul sucking loans they gave out. Anyone remember the company that was advertising 40k per year for student loans? For a four year degree, that’s only 160k. Not a bad deal right? If I remember those commercials right, it was either Fannie Mae that was doing them, or someone else underwritten by them…..
@Fuzz: oh, i doubt you’re too far off. shake the board of directors by their ankles & i’ll bet you’d come up with close to $2 billion in their ass cushions.
You’re thinking of Sallie Mae. Fannie Mae is home loans.
Don’t worry. They’re “too big to fail.” Your tax dollars will bail them out.
Did they look under the seat cushions?
Return to top of page
Proudly powered by WordPress · Theme: Modern News by StudioPress.