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Federal National Mortgage Association Message Board

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  • madmanshooter madmanshooter May 25, 2007 10:04 AM Flag

    Please explain

    Christ you are an idiot. Fannie is not a "lender", the cloud over the stock is a direct result of "political risk" and they have spent over a billion to develop state of the art accounting and operational controls that have been signed off on by SEC, OFHEO, DOJ and their outside auditors who are on the hotspot because of Sarbox 404. A short basher who knows nothing about the company, you really aren't very good are you? Your posts read like you write them after gym class. Get lost, you ignoramus.

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    • Oh Madmanshooter - Give me a break. Yelling I am an idiot is a very sophisticated educated response. Do you know what is on their books. My guess is the originators know and then dump it on the big dumb GSE! Are you kidding me. Lets talk numbers. You tell me what percentage of subprime do they have sitting on their books? How opague is there book? Lets watch the ten year go to 5% this week and then talk tell me how rising interest rates will help FNM out!!!
      Hah. You are so smart - lets talk about interest rates. I am happy to sit back and call you silly names without regard to the company but would rather not. Tell me why FNM is a BUY!>!>!>!>!

2.180.00(0.00%)May 26 3:59 PMEDT