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Replies to post #565560 on Fannie Mae-No Politics (FNMA)

Replies to #565560 on Fannie Mae-No Politics (FNMA)

AuntyMamie

09/28/19 5:43 PM

#565563 RE: Digra Ive #565560

LIBOR based ARMs killed the banks. Huge arb risk cuz libor was manipulated. Was a terrible proxy for interest risk management.