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« WATCH: Google Time Lapse: 29 Years Of Earth From Space | Main | Goldman Sachs Lost Money On Just Two Days Last Quarter »
Friday
May102013

Fannie Mae To Pay Treasury $59 Billion After Record Profit

READ THE STORY AT BLOOMBERG

After this latest payment, Fannie Mae will have paid back Treasury a total of $95 billion, compared with $117 billion of capital infusions the company has received. Freddie Mac, which yesterday reported a $4.6 billion profit, will have paid $36 billion, after drawing $72 billion of aid, and CEO Don Layton said it may release $30 billion of tax-credits as soon as next quarter.

 

 

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Reader Comments (3)

IRS admits targeting conservatives for tax scrutiny in 2012 election

http://www.washingtonpost.com/business/economy/irs-admits-targeting-conservatives-for-tax-scrutiny-in-2012-election/2013/05/10/3b6a0ada-b987-11e2-92f3-f291801936b8_story.html

The Internal Revenue Service on Friday acknowledged that it flagged political groups with “tea party” or “patriot” in their names for special scrutiny when they applied for tax-exempt status, an admission that is fueling long-held suspicions among conservatives that the agency has been singling them out for unfair treatment.
May 10, 2013 at 5:24 PM | Registered CommenterDailyBail
they buy the junk mortgages too even when passed through at
3% money down

taxpayer takes the loss

the dividend is Bernanke buying the mortgages.




Obama's in the business of selling monopolies
protection racket-like.

His adm's apology for IRS spying on conservatives is
bullshit for "credentials."

Obama's not the least bit liberal.

This is him:
http://open.salon.com/blog/stuartbramhall/2011/04/13/the_ford_foundation_and_the_cia
May 11, 2013 at 4:45 PM | Unregistered CommenterYourname Goeshere

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