Fannie Mae

...at a tiny fraction of where we should have gone." Buffett specifically cited his failure to purchase additional shares of Fannie Mae in the early '80s and Wal-Mart in the mid-'90s. "Both of those deals would have made us as much as $10...

In this article: Warren Buffett, Berkshire Hathaway, Costco, Competitive advantage, Pier 1 Imports, US Airways, ConocoPhillips, and Wal-Mart

...is an odd ending to this saga. Some very big names were involved. Fannie Mae (FNM) clearly wanted to do a deal; the regulator for Fannie (FHFA) was strongly supporting it. Goldman Sachs (GS) was looking to make a buck putting the...

In this article: Warren Buffett, Citibank, Goldman Sachs, Treasury Department, Washington, D.C., and FHFA

Buffett warns Fannie Mae and Freddie Mac investors stand to lose lots of money Last Updated: 1:20pm BST 22/08/2008 Billionaire investor Warren Buffett claims America's struggling state-backed mortgage finance companies Fannie Mae and...

In this article: Warren Buffett, Freddie Mac, InBev, Anheuser-Busch, US, Recession, CNBC, and Berkshire Hathaway

...in decades". Moody's gave Freddie Mac's preferred stock an investment grade rating of A1 until August 22, 2008 when Warren Buffett said publicly that both Freddie Mac and Fannie Mae had tried to attract him and others. Moody's changed...

In this article: Freddie Mac, Federal Housing Finance Agency, GSEs, United States Department of the Treasury, United States, and James B. Lockhart III

...as their value declines, while profitable companies could use them to offset taxes. The government, which controls Fannie, is thought to be reluctant to approve a deal that would allow Goldman to save on taxes, given the firm's already...

In this article: Revenue, GM, Berkshire Hathaway, Citigroup, Warren Buffett, Disney, Tax, Burlington Northern Santa Fe, and Foster Wheeler

...the company is pursuing similar talks. Warren Buffett acknowledged during a live appearance on CNBC Friday that he had been approached by Freddie and Fannie and passed on getting involved. The timing of the incident was not immediately...

In this article: Warren Buffett, Berkshire Hathaway Inc., CNBC, Moody's, Federal Reserve, and Treasury Department

...can), because Warren Buffett's been telling us that too -- several times. The government has been using both Fannie and Freddie to help prop up the housing market. Just such an intervention was one of the concerns that critics had when the...

In this article: Freddie Mac, American International Group, The Fed, NYSE, Recession, Mortgage Bankers Association, Government National Mortgage Association, and Bear Stearns

Buffett joins Goldman bid for Fannie Mae tax credits Warren Buffett's Berkshire Hathaway Inc <BRKa. N> has joined Goldman Sachs Group Inc <GS.N> in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street...

In this article: Warren Buffett, Berkshire Hathaway Inc, Treasury Department, Income, Freddie Mac, and Goldman Sachs Group Inc

...on whether the company is pursuing similar talks. Warren Buffett, in an interview on CNBC, acknowledged that he had been approached by Freddie and Fannie and passed on getting involved. The timing of the approach was not immediately...

In this article: Freddie Mac, Warren Buffett, CNBC, Moody's, Wall Street, Boston, NEW YORK, Berkshire Hathaway, and U.S.