A couple of nights ago I was watching an old Jim Rogers video on CNBC from Nov 2007. He was on Fox Business discussing Fannie Mae which, at the time was trading at about $30. Here's the video. The current price for Fannie is $0.63.
I decided to take a quick glance at Fannie's balance sheet and if you look at it, hence the title of the article, you'll get a good laugh. How was this stock ever valued over $2.00?
Showing posts with label Jim Rogers. Show all posts
Showing posts with label Jim Rogers. Show all posts
Thursday, June 25, 2009
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