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(AP)   Fannie got spanked in the third quarter   (hosted.ap.org) divider line 13
    More: Followup  
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631 clicks; posted to Business » on 10 Nov 2008 at 12:17 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



13 Comments   (+0 »)
   

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2008-11-10 12:20:20 PM
What about in the hind quarter?
 
2008-11-10 12:21:32 PM
It's probably going to get worse before it gets better.
 
2008-11-10 12:24:06 PM
Can we rename Fannie and Freddy, since we pretty much paid for all their losses? Fanny Mae is an unbelievably unprofessional name for any company outside of the homemade cookie business. Freddie Mac sounds like an R&B singer from the 70's who never made the billboard charts.
 
2008-11-10 12:27:08 PM
1derful: Can we rename Fannie and Freddy, since we pretty much paid for all their losses? Fanny Mae is an unbelievably unprofessional name for any company outside of the homemade cookie business. Freddie Mac sounds like an R&B singer from the 70's who never made the billboard charts.

Sure. I propose Federal National Mortgage Association, and Federal Home Loan Mortgage Corporation, respectively.
 
2008-11-10 12:49:43 PM
Holy shiat! Those are AIG-like numbers.
 
2008-11-10 12:50:12 PM
The mortgage finance company, seized by federal regulators more than two months ago, posted a loss of $13 per share for the July-September quarter... Analysts surveyed by Thomson Reuters had expected a loss of $1.60 per share.

Wall Street still doesn't have a farking clue what's going on.
 
2008-11-10 01:18:42 PM
They must be into BDSM since they are about to tap some government funding while being spanked.
 
2008-11-10 01:46:08 PM
Nice headline.
I smirked.
 
2008-11-10 02:20:44 PM
choice and consequence: Wall Street still doesn't have a farking clue what's going on.

Wall Street's estimates excludes special items. Although even excluding that the loss is still considerably bigger than analyst predictions.
 
2008-11-10 02:59:53 PM
"They are no longer being run for profit".

Well, no shiat...
 
2008-11-10 03:09:00 PM
Rahm Emanuel was director of Freddie Mac during the scandal. He's now Obama's chief of staff. LOLLERCAUST.

Raines (former Fannie CEO) got a $90m and Barney Frank's richard in his mouth.
 
2008-11-10 03:38:16 PM
godofusa.com: Rahm Emanuel was director of Freddie Mac during the scandal. He's now Obama's chief of staff. LOLLERCAUST.

Raines (former Fannie CEO) got a $90m and Barney Frank's richard in his mouth.


img259.imageshack.us
 
2008-11-10 04:39:03 PM
wxgeek: Sure. I propose Federal National Mortgage Association, and Federal Home Loan Mortgage Corporation, respectively.

I belive this is where I am supposed to say "Oh Snap"
 
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