Annaly Capital Management Inc.
NLY
Formerly known as Annaly Mortgage Management, Annaly Capital Management is a real estate investment trust which invests in mortgage pass-through certificates, collateralized mortgage obligations, and other mortgage-backed securities. Interest and principal payments on the firm's investments are guaranteed by government-sponsored agencies including Fannie Mae, Freddie Mac, and Ginnie Mae. Annaly commenced operations in 1997 and is based in New York City.
Whom exactly thought they knew what was best for the country, why and now much damage did they do along the 'path of idiocy' as NYL still hasn't recovered from all the political ideology of the Right Wing!
All of the investment securities (click here) Annaly
owns are issued and guaranteed by U.S. Government
Agencies and carry an actual or implied AAA rating.
