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Re: bmp152 post# 186289

Monday, 03/10/2014 2:33:21 PM

Monday, March 10, 2014 2:33:21 PM

Post# of 796168
"Some lawmakers have said taxpayers are entitled to generous returns because the government agreed to accept nearly unlimited losses during the crisis, nursing the companies back to health. “I was a venture capitalist for a lot longer than I’ve been a politician. If I had put $180 billion into Fannie and Freddie back in 2009, I’d expect more than a 1 to 1 return on that,” said Sen. Mark Warner (D., Va.) at a conference last fall. “So once I got a 30-to-1 return…talk to me about Fannie and Freddie making money.”"



This is why the argument faces a somewhat uphill battle. People with this mentality are the ones who will fight this tooth and nail before just "giving it back" to the shareholders.