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To: Qbert

Gee, I keep hearing that the bailouts were turning a profit. Go figure.


4 posted on 10/26/2010 7:11:20 AM PDT by Wolfie
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To: Wolfie

Easy to figure, the original report came at the height of the mid term elections. By the time this really gets sorted out, it will be after Nov 2nd.

Fool me once shame on you, fool me twice shame on me. Anyone who believed those reports last month is shameless as they were already fooled in Nov 2008.


6 posted on 10/26/2010 7:14:53 AM PDT by Mouton
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To: Wolfie

lol me too and let’s add this loss to our loss at CITI FRAUD

Taxpayers Lose $2.3 Billion with CIT Bankruptcy

http://www.propublica.org/article/taxpayers-lose-2.3-billion-with-cit-bankruptcy

and

U.S. taxpayers could be on the hook for up to another $215 billion in aid to housing finance giants Fannie Mae (OTC BB:FNMA.OB - News) and Freddie Mac (OTC BB:FMCC.OB - News) through 2013, their regulator said on Thursday.

The companies, which were seized by the federal government in September 2008 to save them from collapse, will likely have total capital needs of between $221 billion and $363 billion through 2013, the Federal Housing Finance Agency estimated.

http://finance.yahoo.com/news/Fannie-Freddie-may-need-215-rb-2323937639.html?x=0

Pretty soon all those lost BILLIONS will add up to real money


8 posted on 10/26/2010 7:23:50 AM PDT by FromLori (FromLori)
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