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To: Hydroshock

Can you get 6 billion in new capital by shuffling bad paper?


4 posted on 11/21/2007 5:29:09 AM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Travis McGee

It is getting worse quick.


5 posted on 11/21/2007 5:30:26 AM PST by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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To: Travis McGee

Let’s call a Harvard Math Wizard and ask!


7 posted on 11/21/2007 5:38:45 AM PST by bvw
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To: Travis McGee

They’re issuing new stock. Which will be hard to sell.

However...over time, IF they clean up their accounting standards (well Fannie anyway, I think Freddie’s accounting is a bit cleaner) then people may find it to be a good long-term investment.


8 posted on 11/21/2007 6:25:19 AM PST by RockinRight (Just because you're pro-life and talk about God a lot doesn't mean you're a conservative.)
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