Shares Of Fannie And Freddie Up 1300% And STILL Rising

Fannie And Freddie Up 65% Since Fridaymarketwatch.com/story/fannie-f…

— Daily Bail (@TheDailyBail) May 28, 2013

READ THE STORY AT MARKETWATCH

Year-to-date, Fannie Mae shares have leapt 1351% and Freddie Mac shares have gained 1246%.

More details here:

Bloomberg Interview With Fannie Mae CEO

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Comments

[DailyBail]

Fannie Mae CEO: 'We Will Be Profitable For Years To Come'

http://dailybail.com/home/fannie-mae-ceo-we-will-be-profitable-for-years-to-come.html

[DailyBail]

Fannie Mae To Pay Treasury $59 Billion After Record Profit

http://www.bloomberg.com/news/2013-05-09/fannie-mae-to-pay-treasury-59-4-billion-after-record-profit-1-.html

[DailyBail]

It's appalling that the CIA funnels cash to President Karzai hand over fist, and yet US military hospitals don't have enough bed sheets for wounded soldiers. The remarkable efficiency of the Pentagon on display.

[DailyBail]

Report: IRS Deliberately Chose Not to Fess Up to Scandal Before Election

http://www.weeklystandard.com/blogs/report-irs-deliberately-chose-not-fess-scandal-election_724711.html

"[I]f this fact came out in September 2012, in the middle of a presidential election? The terrain would have looked very different."

[DailyBail]

For anyone who didn't see this

http://www.youtube.com/watch?feature=player_embedded&v=iqJfGTCb7M8

US Airways flight makes belly landing at Newark airport after landing gear failed

http://www.dailymail.co.uk/news/article-2326538/Terrified-passengers-escape-alive-US-Airways-flight-makes-belly-landing-Newark-airport-landing-gear-failed.html#ixzz2Uc96SH8b

[DailyBail]

MUST READ

Accused Fort Hood Shooter Paid $278,000 While Awaiting Trial

http://www.nbcdfw.com/investigations/Accused-Fort-Hood-Shooter-Paid-278000-While-Awaiting-Trial-208230691.html

Injured soldier outraged suspected shooter receives salary while his family financially struggles in recovery.

[DailyBail]

Witness Protection Program lost two 'known or suspected terrorists'

http://thelead.blogs.cnn.com/2013/05/16/first-on-cnn-witness-protection-program-lost-two-former-known-or-suspected-terrorists/

[DailyBail]

IRS denied tax-exempt status to pro-lifers on behalf of Planned Parenthood

http://washingtonexaminer.com/report-irs-denied-tax-exempt-status-to-pro-lifers-on-behalf-of-planned-parenthood/article/2529750

[DailyBail]

Eric Bolling: I Was Audited After Criticizing Obama

http://nation.foxnews.com/irs-targeting-tea-party/2013/05/16/eric-bolling-i-was-audited-after-criticizing-obama

[DailyBail]

Philadelphia Eagles OL Evan Mathis Peeing on IRS Building Sign

http://blacksportsonline.com/home/2013/05/caption-the-photo-eagles-ol-evan-mathis-peeing-on-irs-building-sign/

PHOTO

[DailyBail]

The Union Behind the IRS Scandal

http://spectator.org/archives/2013/05/16/the-liberal-union-behind-the-i/

[DailyBail]

FBI ID'S BENGHAZI SUSPECTS _ BUT NO ARRESTS YET

http://www.breitbart.com/system/wire/DA6DRE1G0

[DailyBail]

IRS Official in Charge During Tea Party Targeting Now Runs Health Care Office

http://abcnews.go.com/blogs/politics/2013/05/irs-official-in-charge-during-tea-party-targeting-now-runs-health-care-office/

[DailyBail]

Victory for Dimon as JPMorgan Shareholders Reject CEO-Chairman Split

http://www.bloomberg.com/news/2013-05-21/victory-for-dimon-as-jpmorgan-shareholders-reject-ceo-chairman-split.html

[DailyBail]

Dances With Drones

http://www.usnews.com/news/articles/2013/05/15/dance-company-incorporates-drones-into-performance

Dance Company Incorporates Drones Into Performance

[LadyLiberty]

Fannie Mae profits are laughable it's a deduction they gave themselves that boosted them

Fannie posted net income of $58.7 billion in the first quarter, due largely to a one-time $50.6 billion gain related to tax benefits. In addition, the company reported pretax income of $8.1 billion, which compared with net income of $2.7 billion in the year-earlier period.

more

http://online.wsj.com/article/SB10001424127887324744104578472633554555060.html

How Fannie Mae made its profit

http://www.econbrowser.com/archives/2013/05/how_fannie_mae.html

EYE ON THE BAIL OUT Fannie and Freddie
Unlimited
Total Allocation
Disbursed

$187B
Revenue

$65.2B

Net Outstanding: $122B
The total amount invested in Fannie and Freddie so far is$187B. They have returned none of the money invested so far—and might never do so.

The Treasury has been earning a return on its investments. So far Fannie and Freddie have paid $65.2B in dividends to the Treasury.



http://projects.propublica.org/bailout/

and FNMA is paying back the Treasury with money raised by issuing more debt (which is backed by the gov't if they default).


And then there's this

Kickbacks as 'a natural part of business' at Fannie Mae alleged
Investigators are looking into assertions by an ex-Fannie Mae worker that kickbacks were 'a natural part of business' at the federal housing finance company.

http://www.latimes.com/business/la-fi-fannie-mae-kickbacks-20130525,0,6280041.story

[LadyLiberty]

Fannie Mae profits are laughable it's a deduction they gave themselves that boosted them

Fannie posted net income of $58.7 billion in the first quarter, due largely to a one-time $50.6 billion gain related to tax benefits. In addition, the company reported pretax income of $8.1 billion, which compared with net income of $2.7 billion in the year-earlier period.

more

http://online.wsj.com/article/SB10001424127887324744104578472633554555060.html

How Fannie Mae made its profit

http://www.econbrowser.com/archives/2013/05/how_fannie_mae.html

EYE ON THE BAIL OUT Fannie and Freddie
Unlimited
Total Allocation
Disbursed

$187B
Revenue

$65.2B

Net Outstanding: $122B
The total amount invested in Fannie and Freddie so far is$187B. They have returned none of the money invested so far—and might never do so.

The Treasury has been earning a return on its investments. So far Fannie and Freddie have paid $65.2B in dividends to the Treasury.



http://projects.propublica.org/bailout/

and FNMA is paying back the Treasury with money raised by issuing more debt (which is backed by the gov't if they default).


And then there's this

Kickbacks as 'a natural part of business' at Fannie Mae alleged
Investigators are looking into assertions by an ex-Fannie Mae worker that kickbacks were 'a natural part of business' at the federal housing finance company.

http://www.latimes.com/business/la-fi-fannie-mae-kickbacks-20130525,0,6280041.story

[John]

I found tis by accident. Fannie seems to have formed an LLC to buy their foreclosed properties back.

"There has been a home in our area that has been vacant for over 2 years. I did some research on it and found out that it was purchased in July 2012 by SFR 2012-1 US WEST LLC.

Nows here is where it gets interesting…

THIS LLC WAS CREATED BY FANNIE MAE!

Here is the link to an article that never saw the light of day….now I know why.

http://www.azcentral.com/business/realestate/articles/20120727mystery-buyer-snaps-up-foreclosure-homes.html?nclick_check=1

and here:

http://www.har.com/Houston-Real-Estate-Blogs/29893/275-Phoenix-Area-Foreclosed-Homes-Snapped-Up-By-LLC-Set-Up-By-Fannie-Mae

“It’s unclear who the buyer is, but 275 foreclosure houses across the Phoenix metropolitan area were purchased through a very quiet $34 million cash deal at the end of July."

[Frank L. Wright]

http://www.truth-out.org/news/item/16080-fannie-mae-evicts-family-in-foreclosure-then-installs-armed-guards

helping people buy homes is perhaps good though democracy and education would be
better

helping with realistic prospects for success is o.k.

funneling junk for banks is bad and is just a conduit for bank risk
(socialize the cost-privatize the profits; monopoly and bribery
protection racket style too)

When Bernanke serves too big to fail he serves
we'll blow you up banking.

New York's Assemblymen want to kill the soap box so you
have to accelerate this (alleged, but she's a spymaster, so she
can turn the control freaks on you:)

http://www.nationalbcc.org/index.php?option=com_content&view=article&id=1283:when-the-federal-government-embraces-a-gangster-corporation&Itemid=8

[SKINFLINT]

Some thoughts from PCR.http://www.paulcraigroberts.org/2013/07/05/lawlessness-is-the-new-normal-paul-craig-roberts/

[Holly]

Fannie posted net income of $58.7 billion in the first quarter, due largely to a one-time $50.6 billion gain related to tax benefits. In addition, the company reported pretax income of $8.1 billion, which compared with net income of $2.7 billion in the year-earlier period.

http://upboardresult2014x.in

[Noon]

Fannie posted net income of $58.7 billion in the first quarter, due largely to a one-time $50.6 billion gain
http://www.fathersdayquotes1.com/

[Tanny]

Fannie posted net income of $58.7 billion in the first quarter, due largely to a one-time $50.6 billion gain.

http://www.friendshipday2014s.in and http://www.friendshipday2014s.in/2014/07/friendship-day-sms-messages-2014_13.html

[Pardi]

It's really $59 Billion After Record Profit ? I'm very surprised by that
http://www.iclashofclans.com/

[Chinese New Year 2015]

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Well thats great