59.4 billion

— Amount of the dividend to be paid to the U.S. Treasury by mortgage financier Fannie Mae, which was seized by regulators in 2008 as the housing market collapsed but has now returned to profitability
  • Share
  • Read Later
2 comments
forgottenlord
forgottenlord

That's great.

Y'know, AIG was making arm over fist in money from their Financial Products division for years before all of their bets went south and they were forced fork over money several orders of magnitude higher than what they were making on those bets.  They're, what, 85% owned by the Federal government now?