$FNMA #FANNIEGATE The Treasury’s current payoff from Fannie Mae & Freddie Mac is more than three times than that of all the other financial rescue programs put together
making this the most successful robbery by our government from legitimate company shareholders in US history – Should the courts rule against such criminal activity and in favor of the shareholders the two entities would become highly valuable and expected to generate earnings of at least~$21 billion a year under various scenarios going forward.
Where is the justice? The excess funds that have been taken by the Treasury from F&F should be returned to the stockholders!!!!
Too be perfectly frank, every dollar of capital that has been illegitimately syphoned off by the US Treasury should be returned immediately. . . and with accrued interest!
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Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.