115

NNNNNNOOOOOOOOOOOOOOOOOOOOOOOO!!!!!! (hexbear.net)

submitted 1 month ago by Posadas@hexbear.net to c/chapotraphouse@hexbear.net

33 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] SamotsvetyVIA@hexbear.net 44 points 1 month ago

there's a corpo called fannie mae in that country??? 😭

[-] tocopherol@hexbear.net 59 points 1 month ago

Fannie Mae and Freddie Mac are the official nicknames of two federally-funded mortgage/property associations. The full title of Fannie Mae is the Federal National Mortgage Association, Freddie Mac is the Federal Home Loan Mortgage Corporation. These are two government-sponsored enterprises that had a large part in the 2008 mortgage crisis and are now under federal conservatorship.

[-] Flyberius@hexbear.net 27 points 1 month ago

US corporations have the dumbest names imaginable

[-] Lavender@hexbear.net 19 points 1 month ago

Did you know that the US central banking system is called the Federal Reserve instead of the Bank of America or the US Bank? Those are private companies who own those names.