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amackera on Dec 31, 2010 | parent | context | favorite | on: Fannie Mae Unix Engineer Gets 41 Months for Planti...

Did all the financial institutions in the States get together to come up with the most ridiculous sounding names?

portman on Dec 31, 2010 | [–]

They're attempts to phonetically sound out the acronym.

FNMA = Federal National Mortgage Association = "Fannie Mae"

SLMA = Student Loan Marketing Association = "Sallie Mae"

miniatureape on Dec 31, 2010 | | [–]

Attempts that gives them "folksy" small-bank sounding names.

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