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Post# of 796372
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Mikey Mike

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Mikey Mike

Re: big-yank post# 319249

Thursday, 10/29/2015 2:37:10 PM

Thursday, October 29, 2015 2:37:10 PM

Post# of 796372
Actually, it's quite the opposite. Fannie and Freddie had enough capital to support themselves...The problem was they didn't have enough capital (liquidity) to support all the banks dragging them down...subtract all the the money given back to the GSE's through wrongfully selling unqualified loans from what was supported by the government and you'll find that the GSE's flourished with more than sufficient capital...



DON'T STEAL, THE GOVERNMENT HATES COMPETITION!

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