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To: Ruffian who wrote (294139)2/26/2009 10:44:21 PM
From: rich evans  Respond to of 793970
 
FNM and FREDDie losses mean nothing anymore. Government owns and guarantees debt. Capital is no longer required. FNN and Feddie make about 60 bill a year before loan losses. In 5 years they will have earned back all their losses. In the meantime, the Government will foot the bill.
Rich