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Friday, September 30, 2016 9:35:34 AM
As for questionable accounting, unless there was no report suggesting a death spiral decline possible for the GSEs, it is pointless to argue that any one report or deposition from McFarland have 100% certainty assuring success of the GSEs future economics and ability to repay bailout funds outstanding. That clearly is not the case. The Treasury Secretary actually wrote a book about it. Coming from Hank Paulson, that content is not hearsay. So no documents are needed for any such suit.
JMHO.
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