Fannie Mae Bailout Return: $84 Billion Profit in 2013 — Taxpayers Made Whole
Fannie has now paid 5 billion more than it got, with 10% interest.
Fannie has a LP of 116 billion and has paid 121 billion. 5 billion more.
The Lp contains 10% interest on the money borrowed for 4 of 5 years.
Fannie actually only received about 85 billion from treasury, so in REALITY Fannie paid 36 billion more than they received giving almost a 50% return over 5 years to treasury on taxpayer investment.
GM did not pay back the money it got, Fannie has paid 150% almost of its money. Get real reporting and see the govt for what it is now, a LOAN SHARK.