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  • Comment Detail

  • Date: 10/06/19
    First Name: Salman
    Last Name: Madanat
    Email: smadanat@ch13wla.com
    Organization Type: other
    Organization: Controller of Investment club

  • Comment

    The capital requirements of the 2 agencies, Fannie & Freddie, could benefit immensely from treating the over payment to the treasury that resulted from the Net Worth Sweep as an asset to the agencies. The following journal entry could create a deferred asset and greatly increase the capital of fannie and freddie:
    "Deferred Tax Asset" - or call it "Prepaid Income Taxes" debit for 50Billion
    The credit could go to an equity account - "Additional-Paid -In -Capital"
    Or some newly created equity account.