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Re: Mr102percent post# 197104

Tuesday, 03/25/2014 1:20:42 AM

Tuesday, March 25, 2014 1:20:42 AM

Post# of 797425
Incorrect, for years freddie and fannie were valued high when people thought they didn't have a government guarantee. It wasn't until the crisis where the whole idea of a government guarantee came to be because they were "too big to fail" (hence the implicit gov't guarantee).