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Post# of 796438
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tetondon

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tetondon

Re: None

Wednesday, 01/29/2014 9:17:20 AM

Wednesday, January 29, 2014 9:17:20 AM

Post# of 796438
Wound down doesn't mean eliminated.

"The portfolio business, [Treasury Advisor] Mr. Stegman said, accounted for around 60% of the companies’ combined income, and those investment portfolios—currently a combined $1 trillion—are being wound down by 15% annually until 2018, when they will be capped at around $250 billion each."

http://blogs.wsj.com/moneybeat/2014/01/24/why-is-the-u-s-downplaying-huge-profits-at-fannie-freddie/?mod=yahoo_hs
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