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Post# of 795767
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Mikey Mike

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Mikey Mike

Re: big-yank post# 319140

Wednesday, 10/28/2015 2:57:25 PM

Wednesday, October 28, 2015 2:57:25 PM

Post# of 795767
The difference is...the bank and automotive industry asked for a bailout...The GSE's were taken over by the government via conservatorship out of fear and not out of necessity...hence the bailout for the GSE's were forced onto the two companies...there's much misconceptions due to many companies (other than GSE's) receiving bailout funds that they automatically include the GSE's on the long list of companies that received the bailouts because they were underwater...The GSE's did not have a solvency issue...it was a liquidity issue...Two very different things....



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