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Post# of 798158
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philipmax

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philipmax

Re: jacklanvo99 post# 113301

Monday, 08/19/2013 1:24:38 PM

Monday, August 19, 2013 1:24:38 PM

Post# of 798158
Based on this story, F&F can be extinguished by excessive loan loss provisions which will obliterate stockholder's equity.
And since this scenario can be pulled out of a hat by de facto declaration by either Fanny or Freddy, based on accounting sleigh of hand, it is the scariest news so far in this saga.
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