Would $100,000,000,000 fix Fannie and Freddie?
That's the amount that Joshua Rosner, a research analyst from consulting firm Graham-Fisher, thinks might do the trick according to this morning's NY Post:
Joshua Rosner, a well-respected analyst at consulting and research firm Graham-Fisher, said that even under the most conservative circumstances, the embattled government-sponsored enterprises (GSEs) would need to go out, hat in hand, and raise at least $40 billion in order to shore up their balance sheets.
But the realistic number could be more like $100 billion.
Rosner's comments come as there is a growing belief on Wall Street and Capitol Hill that the GSEs, which hold just under half of the nation's $12 trillion in mortgages, will require a government-led bailout.
$100,000,000,000.00 - NY Post






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