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Re: navycmdr post# 362886

Monday, 11/21/2016 9:15:02 AM

Monday, November 21, 2016 9:15:02 AM

Post# of 800612
No, that is totally incorrect. The warrants exist as collateral for the $400 B in possible draws afforded Fannie & Freddie by the U.S. Department of the Treasury.