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Post# of 869560
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jog49

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jog49

Re: Ace Trader post# 813453

Sunday, 01/19/2025 5:52:27 PM

Sunday, January 19, 2025 5:52:27 PM

Post# of 869560
"The warrants were only a backstop for the Gov’s $189 billion in case the GSE’s went BK or couldn’t repay them! "

And in finance, backstop is called what?

COLLATERAL

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