Thursday, September 11, 2008

You keep using that word "capitalism" ...


... I do not think it means what you think it means.

Once again, criminally inept and incompetent executives get the gold mine, and the taxpayers get the shaft. It just seems to work that way, doesn't it?
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1 comment:

mikmik said...

Fannie Mae:
Earnings per share –$10.43
Revenue $43.9B
Profit margin -21.41%
Return on equity -40.21%

Stock snapshot:

Today's open $0.77
Wednesday's close $0.74
52-week range - -
52-week high $68.60
52-week low $0.65

LMFAO!!!

Their profit margin is NEGATIVE 21% and a share is worth less than 1% of what it did in the last year, and, "Together, Daniel H. Mudd of Fannie Mae and Richard F. Syron of Freddie Mac are eligible for as much as $24 million in severance, retirement benefits and deferred compensation" means Mudd(perfect name haha) get's paid AN EXTRA 12 million bucks????????

3:14 PM

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