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Post by Sapphire Capital on Jul 10, 2008 21:43:05 GMT 4
Federal Financing Bank link:http://www.ustreas.gov/ffb/ address: Federal Financing Bank U.S. Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, D.C. 20220 Phone: 202-622-2470 Fax: 202-622-0707 Email: ffb@do.treas.gov The US Government says: The Federal Financing Bank (FFB) is a government corporation, created by Congress in 1973 under the general supervision of the Secretary of the Treasury. The FFB was established to centralize and reduce the cost of federal borrowing, as well as federally-assisted borrowing from the public. The FFB was also established to deal with federal budget management issues which occurred when off-budget financing flooded the government securities market with offers of a variety of government-backed securities that were competing with Treasury securities. Today the FFB has statutory authority to purchase any obligation issued, sold, or guaranteed by a federal agency to ensure that fully guaranteed obligations are financed efficiently. Their current exposure: www.ustreas.gov/ffb/press_releases/2008/03-2008.shtmlFinancials: www.ustreas.gov/ffb/financials/fy2007.pdfCorporate Documents: www.ustreas.gov/ffb/corporate-docs.shtmlLending Policies: www.treas.gov/ffb/lending_policy.pdfmore read on this: www.cbo.gov/doc.cfm?index=5329&type=0edocket.access.gpo.gov/cfr_2006/janqtr/pdf/12cfr811.0.pdf
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