On Fri, Jan 30, 2009 at 4:50 PM, gerald <[email protected]> wrote:

> i just went in and asked my wife about fannie.  she was the xerox analyst
> for fannie.  she said they were very smart.  very smart is the best the fed
> govt gets, and fed govt  does computer very well.  overall, they are much
> smarter than most any large company, as they are not cost limited by some
> idiot in accounting that sez the machine(mainframe or whatever) has to be
> amortized over 15 years or some such loonie toons.  the fbi and tsa are not
> considered govt operations.
>
> Fannie and Freddie aren't government entities.  They are both public
corporations started with a federal mandate.


-- 
John Duncan Yoyo
-------------------------------o)


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