Thursday, May 05, 2016 9:36:14 AM
Freddie was 1/4 of 7.2 billion?
2. I predicted three months ago , that you would be making a mountain out of this mole hill. Quit drawing conclusions from one quarter and look at the big picture.
3. A large amount of the profits from 2013 were phony-but so were a lot the losses in 2009. How many times do I need to explain it before you get it? The "principal" on the "loan-investment" would be no more than 25 billion total for the gse's. Total dividends per quarter about 600 million combined. Yearly earnings for the gse's can easily cover 2.5 billion per year!
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