Back in early 1999, Fannie Mae Chairman and CEO Franklin Raines boldly pledged to double the GSE’s earnings per share by the end of 2003. The ambitious goal was announced at a time when some analysts were questioning Fannie’s ability to sustain double-digit earnings growth following the boom times of the late 1990s. And reportedly, a good deal of Raines’ bonus compensation was riding on whether the GSE could in fact double its earnings