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Post# of 796077
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Mikey Mike

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Mikey Mike

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Tuesday, 06/30/2015 1:43:25 PM

Tuesday, June 30, 2015 1:43:25 PM

Post# of 796077
Hey I got quick question for someone here on the board...anyone...I thought Lew told congress that they made an investment and it wasn't a loan...is this correct? Did he say that or no? Maybe in a court testimony? If that's true...then how do can they explain this statement?

If Treasury has already received $1 billion in senior preferred stock, how can you say that no investment
has been made yet?
The companies each issued $1 billion in senior preferred stock to Treasury in connection with Treasury's
commitment to maintain a positive net worth in the GSE. No taxpayer money was spent to receive this stock.

http://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-11_SPSPA_FAQ_508.pdf



LONG LIVE FANNIE MAE AND FREDDIE MAC!

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