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Wise Man

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Wise Man

Re: None

Saturday, 05/02/2020 8:23:36 AM

Saturday, May 02, 2020 8:23:36 AM

Post# of 796422
Interesting analysis on #Fanniegate contending that Fannie Mae has posted a charge on the Income Statement in the line item: dividends on the Senior Preferred Stocks, notwithstanding that its Net Worth has decreased in the quarter.
The Treasury didn't receive, and isn't entitled to, anything, when the Net Worth decreases.

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