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  "documentTitle": "Fannie Mae & Freddie Mac (FNMA / FMCC)",
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  "presentationDate": "2025-01-16 00:00:00",
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  "notes": "The slide uses a red border to emphasize the GSE row, contrasting it with the other bailout recipients.",
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      "text": "The government has already made more profit on the GSEs than all other bailout investments combined",
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      "text": "Government Net Profit: $110bn",
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      "text": "Source: Company and government filings. (1) Proceeds received from principal repayment, dividends, interest, and gains on sale of common stock and other securities less government investment. (2) Year of last repayment or last sale of government-owned securities.",
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      "text": "GSEs Treated Differently Than Other Bailout Recipients",
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