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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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    The Wall Street Journal‏Verified account @WSJ Feb 14

    Fannie Mae to require $3.7 billion government cash infusion, reporting a net loss of $6.5 billion for the fourth quarterhttp://on.wsj.com/2EsD09Q 

    6:50 AM - 14 Feb 2018
    • 63 Retweets
    • 66 Likes
    • Danny 🐘🇺🇸🐘ahclarice ⭐️⭐️⭐️ Annavat Nosirrah Sultana Huasteca Huub Citizen Chump Spooky/Slippery Steve Mo Shammam Eva Sue Mitchell
    42 replies 63 retweets 66 likes
      1. Mr. Generous‏ @Hey_Mr_Generous Feb 14
        Replying to @WSJ

        Hey, I need a government cash infusion over here, too

        0 replies 2 retweets 10 likes
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      1. giacomoboffi‏ @giacomoboffi Feb 14
        Replying to @WSJ

        Just in time for the 10-year anniversary

        0 replies 1 retweet 6 likes
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      1. Bill Tyers‏ @BillTyers Feb 14
        Replying to @WSJ

        Isn’t this an old story? ......It’s not? Oh oh. We know how this story ends.

        0 replies 1 retweet 2 likes
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      1. 45Lies 💎‏ @LiesLies45 Feb 14
        Replying to @WSJ

        Here we go! ...

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. Gunny's Rants‏ @GunnyRants Feb 14
        Replying to @WSJ

        Let Fannie Mae go away. NO GOVERNMENT BAILOUTS.

        1 reply 0 retweets 2 likes
      3. Dermot Wickham‏ @HertsTimelord Feb 14
        Replying to @GunnyRants @WSJ

        Exactly. Just abolish the GSEs. They've wasted enough public money already.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Justin Huff‏ @C4YerSelf Feb 14
        Replying to @WSJ

        Gosh - it they hadn't rushed that #TaxCutsandJobsAct through so fast - maybe someone would have thought about stuff like this, instead of having to rely on lobbyists to write the bulk of it. (this shouldn't affect the economy... right?...)

        1 reply 0 retweets 1 like
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      1. Mama T 66‏ @MamaTGar66 Feb 14
        Replying to @WSJ

        Here we go again folks... don’t borrow against your house is all I’ve got to say😕

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Justice Lady‏ @JaxBchLady Feb 14
        Replying to @WSJ

        What did they do with all the money they stole from Homeowners and then the bailout by the government?

        1 reply 0 retweets 1 like
      3. John Wilson‏ @avardwilson Feb 14
        Replying to @JaxBchLady @WSJ

        Paid the 187 billion bailout back between 2009-2014. Homeowners who got screwed remained screwed. This particular loss, however, is directly attributable to Trump fucking up.

        1 reply 0 retweets 1 like
      4. Justice Lady‏ @JaxBchLady Feb 14
        Replying to @avardwilson @WSJ

        I read the article but don't believe their excuse about tax money being due - @POTUS gets blamed for every damn thing - so sick of this!

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. WallSt‏ @WallStXyz Feb 14
        Replying to @WSJ

        Over the last 10 years Fannie and Freddie have sent close to a 100 billion in profits back to the US Treasury.

        1 reply 0 retweets 1 like
      3. John Wilson‏ @avardwilson Feb 14
        Replying to @WallStXyz @WSJ

        The Freddie and Fannie bailout cost 187 billion and was not recovered until 2014, and only recovered because of Obama and fed policies. Could have been stiffed. That's a fuck of a lot of risk you didn't happen to mention.

        3 replies 0 retweets 1 like
      4. WallSt‏ @WallStXyz Feb 14
        Replying to @avardwilson @WSJ

        One of the major reason financial institutions needed bailouts is because of a government accounting rule change which forced them to mark to market their assets, in a panic asset values are not truly reflected. Which caused a need for additional capital

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Jobit‏ @Jobit12 Feb 14
        Replying to @WSJ

        That’s the second time Fannie Mae has asked for bailout and both times under Republican watch.

        1 reply 1 retweet 1 like
      3. 2 more replies
      1. New conversation
      2.  🐘 🇺🇸 🐘ahclarice  ⭐️ ⭐️ ⭐️‏ @ahclarice Feb 14
        Replying to @WSJ

        Where did it go? Bad management? Whose in charge?

        1 reply 1 retweet 1 like
      3. 2 more replies

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