Yes. The WSJ reported it as 60 to 1. God knows what it really is, they are exempt from SEC regulations, you know.
Yahoo currently shows it as 37 to 1.
Can you show me your calculations, I'm feeling a bit dense today. Which two statistics are you dividing to get 40 to 1?
Total debt Fannie&Freddie :
$ 2,600,000,000,000
Total cash Fannie & Freddie:
$ 59,000,000,000
Debt to cash :
$ 2,600,000,000,000 / $ 59,000,000,000 = 44
I'm sure you will be happy pay what ever it takes in taxes to bail them out.