Yakov Smirnoff Joke Goes Here

March 5th, 2009 by Jason · 1 Comment · sovereign wealth


Fannie Mae and Freddie Mac bonds are no longer good enough for Russia’s National Wealth Fund, which did not actually single out those two agencies but instead banned investment in any foreign government agency’s bonds. ┬áThe nation’s Reserve Fund has also been cut off from such bonds. Only through hard work and sacrifice will our bonds be worthy of ownership by the motherland!

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