Bet Your Fannie

By Econ70 | 05/28/2013

Including a one-time $50.6 billion adjustment, Fannie’s Q1 income was an amazing $58.1 billion! Even excluding the $50.6 billion, its ordinary earnings of $8.1 billion were outstanding. Assuming it does that well the rest of 2013, Fannie’s 2013 income would be $32.4 billion. That’s a bit behind ExxonMobile and Apple but ahead of Chevron, and…

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