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Old October 2nd 08, 02:45 PM posted to rec.radio.shortwave,alt.politics.economics
Dave[_18_] Dave[_18_] is offline
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First recorded activity by RadioBanter: Jun 2008
Posts: 1,183
Default Bailout Politics

wrote:

Five years ago, Barney Frank vouched for the "soundness" of Fannie Mae
and Freddie Mac, and said "I do not see" any "possibility of serious
financial losses to the treasury."

Five years ago they were solvent.