Fannie's Last Five Quarters Show Need for Breakup [View article]
Citigroup has an even larger loss - and is a fraction of the size of Fannie; so on a relative basis, Fannie is out performing Citigroup.
I agree with 76s' general premise. Let's say you break these entities up into 5 separate companies; each company than has a loss equal to 1/5 this amount. What's the difference ?
The solution is to - esentially - turn them into a utility, and regulate the heck out fo them.
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Citigroup has an even larger loss - and is a fraction of the size of Fannie; so on a relative basis, Fannie is out performing Citigroup.
Aug 12 14:57 pm
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All Comments by lsully999 »Fannie's Last Five Quarters Show Need for Breakup [View article]
I agree with 76s' general premise. Let's say you break these entities up into 5 separate companies; each company than has a loss equal to 1/5 this amount. What's the difference ?
The solution is to - esentially - turn them into a utility, and regulate the heck out fo them.