Fannie - When Does The CHARADE Stop?

(market-ticker.org)

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2009-11-06

``This is an organization that is going to die on it's present course. Only extraordinary intervention has kept it from happening thus far, but that intervention has imposed a bone-crushing liability in the form of dividend payments - a liability that will only increase as the line is further drawn down.'' -- Also points out that the Fed's MBS buying is illegal.

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