Fannie Mae and Freddie Mac sounds like distant cousins of Amy Winehouse, or names of the next Batman's villains.
Who would have thought they are nicknames of banks in America, who just recently almost gone bust until the Government bailed them out. see link
Fannie Mae is actually "The Federal National Mortgage Association" while Freddie Mac is "Federal Home Mortgage Corporation"
Only in a matured country like USA could come up with something like that.
Imagine Singapore giving nicknames to POSB and DBS bank.
POSB is Post Office Savings Bank. SO boring!!!
DBS is Development Bank of Singapore. SO F#^% Boring!!!
Must we always take the first letter of every word and put them together to form another shortcut name?
Wouldn't it be cool if we can call POSB...... Po the Orang Utan.
And yes... I finally watched Kung Fu Panda.
Now my kid will grow up normally and will not be laugh at by some Uncles.
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