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Post# of 796562
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Re: stockprofitter post# 68565

Monday, 06/17/2013 1:24:46 AM

Monday, June 17, 2013 1:24:46 AM

Post# of 796562
If it were 80% then legally the gvt would have had to take FNMAs assets and liabilities onto its books. Since that would have added around $5 trillion in liabilities at the time, the gvt thought that the national debt as it is is horrifying enough without adding $5 tril to it overnight. So they took 79.99% instead. Not that they seem to care about the debt at all, but I do win that bet don't I? Or is there some other answer?
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