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YanksGhost

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Re: pauljon4 post# 466946

Thursday, 07/19/2018 5:01:41 PM

Thursday, July 19, 2018 5:01:41 PM

Post# of 796781
Yes, then the Fed bailed them out via Quantitative Easing and bought all the toxic liability so the GSEs would no longer carry the risk of default. That's what I believe.This explains why the GSEs were able to recover so quickly. They had a rich uncle that had their backs. Uncle Sam.
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