Forum Post: Fannie Mae loss widens, asks taxpayers for $7.8B
Posted 12 years ago on Nov. 9, 2011, 11:45 a.m. EST by JackPulliam3rd
(205)
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While the execs get $13 million in bonuses. Where's their NY office? Find it and march!
This is the kind of thing OWS needs to address. Make things hard for FM, not the local businesses around the park. Do. Something.
2010 Mission Report
Fannie Mae's 2010 Mission Report describes the company's efforts to provide liquidity, stability, and affordability to the nation's mortgage finance market. Some of the highlights of the report include our efforts to help:
– in 2010, 91% of the multifamily units that Fannie Mae financed were affordable to families earning at or below the median income in their area; and prevent foreclosures, strengthen communities, and address homelessness through more than 69,000 employee volunteer hours.
http://www.fanniemae.com/portal/about-us/company-overview/mission-report.html
Oh never mind then. If that's what Fannie Mae says, everything must be hunky dory and all is well. Enjoy the $13 million bonus fellows! You've earned it.
It is over priced
I understand lobby companies
offer jobs to congressional staff at 3 times their current pay
after they finish working for the representative
If they get it, the tax payors will have to pay it
JP, that 7.8b this quarter - that their quarterly grab into your wallet. They want US to pay for their inept market making. And congress couldn't supervise them then, why would they supervise them now?
Why don't we ask the billionaire s that just brought back into this country 375 billion and only paid 5.75%tax. instead of 35% what's up with this the tax alone would bail fannie out not taxpayers dollars...........thank Obama !!!!!!!!!!!!!!
Just how much cr@p can be dumped on the shoulders of the American Tax Payers? We will be taxed into the ground. This b.s. needs to stop once and for all.
If this information is right, then it should be an even greater justification for the protests. The Revolving Door Syndrome is responsible; therefore, it does not lie solely on any one party. But rather the system is dysfunctional.
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