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To: 200ma who wrote (86902)3/28/2001 2:33:17 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i'm not sure what you're trying to find out. it means exactly what it says. the bubble monster has raised 9,5 billion smackeroos in short term cash, presumably to cover short term liquidity needs and help with the current bubble reliquefication effort.



To: 200ma who wrote (86902)3/28/2001 2:49:13 PM
From: Ilaine  Respond to of 436258
 
Fannie Mae buys mortgages and sells securities (bills, notes and bonds). I think they are buying back securities that pay higher interest rates and selling securities that pay lower interest rates.

fanniemae.com

They make their money on the spread.


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