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Tag Archives: FMCC.OB

The Trillion Dollar Fraud

John R. Talbott argues that the accumulation of trillions in MBS by the Fed and the GSEs will amount to a gigantic backdoor bailout for the banks.

Posted byJohn Lounsbury4 January 20114 January 2011Posted inBusiness News and Analysis, Federal Reserve, Home Sales and Home Prices, US TreasuryTags: BAC, bailout, Fannie, FMCC.OB, FNMA.OB, Freddie, John R. Talbott1 Comment on The Trillion Dollar Fraud
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