Home › Forums › Housing › John Paulson : Buy Homes › faterikcartman wrote:davelj
[quote=faterikcartman][quote=davelj] Furthermore, they can’t find places to loan out the money where they have much comfort. [/quote]
I’ve wondered if the government bailouts insulate them from having to loan out the money to make money.[/quote]
yes, they are borrowing for free short and buying treasuries. they borrow at 0.25% and get 4.2%.
of course the shock when short rates rise?
