"There are no current plans to go back to the market for capital because we have all of those other levers that are turned on, producing capital, putting us into an increasingly - into a comfortable position based on where we are in the market right now." -- CEO Daniel H. Mudd, Feb. 27, 2008
Time to Armageddon: Six months
"We will go into the belly of this cycle with about $48 billion in core capital, which is about $17 billion above our statutory capital level." -- CEO Mudd seeking $6 billion in new capital on May 6, 2008
Time to Armageddon: Four months
Regulators seized Fannie and Freddie on Sept. 7, 2008. Now under scrutiny by Department of Justice investigators and the SEC.
NEXT: Lehman Brothers