Tuesday, June 25, 2013 8:23:03 PM
www.dealbreaker.com
......So all of Fannie and Freddie’s debt would become U.S. debt. Runoff would reduce it, but these days that’s $3.25trn at Fannie and $2trn at Freddie. Remember the fight over the last increase in the Federal debt ceiling, of around half a trillion dollars? That might give Fannie and Freddie shareholders some comfort that adding five trillion dollars to the U.S. debt will take a while.
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