Fannie Mae lost $2 billion in the first quarter. Whoopsie. [Chicago Tribune ]


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  1. TechnoDestructo says:

    Wow, only two billion? Good job!

  2. Parting says:


  3. Fuzz says:

    Did they check under the couch cushions? That’s where I look when I lose … wait, $2 billion??? nevermind.

  4. Flame says:

    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…..

  5. mac-phisto says:

    @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.

  6. TechnoDestructo says:


    You’re thinking of Sallie Mae. Fannie Mae is home loans.

  7. Orv says:

    Don’t worry. They’re “too big to fail.” Your tax dollars will bail them out.

  8. Nakko says:


  9. S-the-K says:

    Did they look under the seat cushions?