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Re: Paras post# 14503

Friday, 01/09/2009 12:36:56 PM

Friday, January 09, 2009 12:36:56 PM

Post# of 46114
Freddie Mac mortgage bonds accounted for $6.9 billion of the
purchases, the New York Fed said on its Website. The Fed also bought $2.9 billion of Fannie Mae's MBS and $450 million in Ginnie Mae securities.


Paras, and exactly what is the Fed's ROI? And at what expense to the common shareholder?
Looks like the Fed is privatizing FRE.