I got an email from a Journalist asking why Fannie Mae (FNM) was trading at 71 cents (soon to be zero), while Freddie mac was trading at 80 cents (soon to be zero).
"The management at Freddie is vastly superior to that of Fannie . . . also, from what I understand, the accounting standards at FRE are far more rigorous than those used by FNM."
<Sarcasm mode off>
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.