Seeking Alpha
  • Ridetime718
    FNMA.OB price is too low compared to its financial peers....
    8/8/12
    Reply (6)
    • Mercy Jimenez: Well its financial peers are not under conservatorship by the US government: http://bit.ly/TijXxC
      8/8/12
    • Ridetime718: Fannie and Freddie reporting positive it's possible lawmakers will begin to lose their appetite to wind down 2 gov't sponsored enterprises
      8/9/12
    • Mercy Jimenez: True -but think they lost appetite 3 years ago when they realized GSEs = piggybank because govt bailout $$ are off-balance sheet liabilities
      8/9/12
    • Mercy Jimenez: In other words, $$ thrown at GSEs do not count as part of the often quoted $16T US government deficit.
      8/9/12
    • Ridetime718: So is Fannie Mae backed by US Treasury? I don't see it going under.i i see surviving and later thriving ---take a chance at these prices ?
      8/9/12
    • Mercy Jimenez: Sorry Ridetime I don't recommend buy/sell on indiv stocks 2 anyone; much written on GSEs; a Google search should help you do what's right 4U
      8/9/12