2013-05-27 — cbsnews.com
``The long answer is that they owe us, and will continue to owe us, all of their profits. That's because through the convoluted agreement struck with the government, the pair agreed that, in exchange for injections of taxpayer money to keep them afloat, they would offer the government premium shares of their companies, paying out 10 percent of their profits in dividends to the Treasury annually. In late 2012 the agreement was amended so that Fannie and Freddie must turn over all profits, regardless of how much, or how little, they bring in.''
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