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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Square_Dealings who wrote (174687)6/24/2002 12:46:18 AM
From: LLCF  Read Replies (1) of 436258
 
<I understand the bondholders will be screwed, but with debt of $4 trillion+ where does FNM come up with the money to buy back these bonds?>

Exactly... no different from any other stock as far as the shareholders are concerned... target price= $US .22

DAK
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