Thursday, August 6, 2009

Fannie Mae Stock Market Value Near One Billion Dollars Is Lunacy

Per Calculated Risk, Fannie Mae has reported another gigantic loss and has unfathomably large nonperforming loans approaching $200 Billion.

Why is this a public company with a stock value near $1 Billion?

Copyright (C) Long Lake LLC 2009

No comments:

Post a Comment