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Home » Store » News » Impressive PPIP Returns Seen as Misleading 1Q11

Impressive PPIP Returns Seen as Misleading 1Q11

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Purchases of mortgage-backed securities via the Public-Private Investment Program have resulted in returns of about 27.0 percent for taxpayers, according to figures reported by the Treasury Department. However, the impressive profit is based on return on equity alone, excluding loans made to... [Includes one graph and one data chart]
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