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Re: 2fast4u1 post# 21388

Thursday, 05/30/2013 1:52:27 PM

Thursday, May 30, 2013 1:52:27 PM

Post# of 46464
Boy you sure got that one backwards. FnF DID NOT GO Bankrupt.
They were put under consevatership to increase the liquidity of FnF.
FnF then buys mortgages from Banks to increase their liquidity.

Obviously you have a lot to learn about how the Banking and Mortgage system works.

AIG was Bailed out to avoid Bankruptcy.