To: Toddsterpatriot
They have to buy a certain amount of stock. Half now, half if the Board of Governors tells them.
They don't get paid for the stock they didn't buy yet.
Thanks for the correction. It's still a pretty good gig - 6% guaranteed by law.
33 posted on
07/30/2014 1:39:45 PM PDT by
khelus
To: khelus
They usually make better than 6% on their capital.
$1.6 billion last year. Kid stuff.
34 posted on
07/30/2014 1:42:10 PM PDT by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
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