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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (219488)9/9/2009 11:44:19 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
blogs.bnet.com



To: ChanceIs who wrote (219488)9/9/2009 11:50:09 AM
From: MulhollandDriveRespond to of 306849
 
according to ortel, they're already on the hook for $85B they received from the TGLP (*temporary guarantee LIQUIDITY program.....fica program already down to only 10B left, should GEC default.....oooops)

methinks that $50B cash (and then some) is already accounted for