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To: inaflash who wrote (78059)9/18/2008 2:01:00 PM
From: Keith Feral  Respond to of 213176
 
Yeah, I'm better at the big picture than crunching the numbers. However, with the impaired value of the securities that have been marked to market, they could be getting a 8 or 9% YTM. The GSE's still have plenty of capital to burn for the next few quarters before the Treasury has to pump in any money.