this post was submitted on 25 Aug 2023
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Showerthoughts
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I always thought this for the financial market: Standard & Poor
Moody
The Fed (as in, the past tense of feed)
fannie mae and freddie mac have this distinct dystopyian taste to me
Those are just nicknames people use because the real names are long and boring.
"Fannie Mae" is actually the Federal National Mortgage Association (aka FNMA). "Freddie Mac" is actually the Federal Home Loan Mortgage Corporation.
TIL. I always wondered what the deal was with those names.