Fannie Mae lost $2 billion in the first quarter. Whoopsie. [Chicago Tribune ]
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Karma?
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.
Don't worry. They're "too big to fail." Your tax dollars will bail them out.
Whoopsy-doodle!
Did they look under the seat cushions?
Wow, only two billion? Good job!