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Old 09-08-08, 05:50 PM   #79
Platapus
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Quote:
Originally Posted by Mikhayl
Excuse the naïve question but : When Fannie and Freddie made profit, did they redistribute it to taxpayers ?
No but they redistributed the profits to the stockholders. Fannie and Freddie Mae are not government entities they are for profit corporations operating under a government charter.
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