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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (198625)10/18/2002 4:53:29 PM
From: reaper  Read Replies (2) of 436258
 
all i want to know is what kind of leverage were they employing to lose half their equity capital in a MONTH?

then again, if Fannie were a hedge fund (oh, wait, i forgot...) they'd be shutting down too (take a look at what's happened to their book value, otherwise known as equity capital, in the last 9 months).

Cheers
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