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Fannie Mae and Freddie Mac:WHAT IS OFF THEIR BALANCE SHEETS
http://investment-blog.net/ fannie-mae-and-freddie-macwhat-is-off-their-balance-s...
Fannie Mae and Freddie Mac:WHAT IS OFF THEIR BALANCE SHEETS 0 It actually isn’t what is on their balance sheets that is of the most critical concern. THE BIG CONCERN IS WHAT IS OFF THEIR BALANCE SHEETS AS THAT ACCOUNTS FOR AROUND $4.3 TRILLION OF THEIR FINANCIAL “ACTIVITY” verus the balance sheets which account for around $1.6 trillion of their finances. All of this off-balance sheet hanky panky SHOULD BE REQUIRED TO BE FULLY DISCLOSED AND AUDITED BEFORE A PENNY IS LOANED TO F+F. The balance sheets are in their 2007 Annual Reports referenced below and the information below was summarized by Econbrowser: Simplified balance sheet for Freddie Mac, in billions of dollars per 2007 Annual Report, p.
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