Monday, August 18, 2014 10:19:59 AM
I must be missing something. Perhaps the taxes are non-cash expense and not actually being paid. The amazing thing is the Gse's start "paying" income tax after and only after both write up their dta. It's then perfect for the Warner's and Carney's of the world to then suggest there isn't that much money left to pay even the old 10% dividend.
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