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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (59242)5/13/1999 1:15:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Wayne, Fannie and Freddie finance much of their assets through debt mainly from the money markets. I haven't compared their balance sheets to a money center bank but I would suspect you would find extreme leverage which doesn't concern investors because of the implicit gov't guarantee. Mike