To: DeaconBenjamin
Treasury Department to provide $13.8 billion for Freddie Mac to erase the shareholder equity deficit. Freddie Mac said it expects to receive the money from Treasury by November 29.
So Nov. 29, after an injection of $13.8, the company will be worth approximately $0?
12 posted on
11/14/2008 6:42:29 AM PST by
allmost
To: allmost
No - your analysis assumes that they will not lose more money between now and then.
13 posted on
11/14/2008 6:47:16 AM PST by
patton
(Gaius Julius Caesar Augustus Germanicus; Incitatus is my President.)
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