But that is assuming that they were under capitalized and that they could not sell MBS to the general market anymore. The question I put out there is whether or not they really needed the capital. I don't believe that Fannie Mae did...I'm not so sure about Freddie Mac - but then again...maybe they should have thought about that before building that Class A+ buildings out in Tysons.
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timeasmymeasure
no subject
Date: 2008-09-08 06:28 pm (UTC)