HOUSE_OVERSIGHT_020938.jpg

1.8 MB
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Extraction Summary

0
People
7
Organizations
1
Locations
1
Events
1
Relationships
3
Quotes

Document Information

Type: Presentation slides / financial report (evidence)
File Size: 1.8 MB
Summary

The document consists of two slides from a financial presentation titled 'USA Inc. | Income Statement Drilldown' produced by KPCB (Kleiner Perkins Caufield & Byers). It details U.S. government spending, specifically highlighting significant losses in entitlement programs (Medicaid, Medicare), debt levels, and the financial impact of Government-Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac, noting a $152 billion investment into them following their conservatorship. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it is part of a larger evidentiary collection.

Timeline (1 events)

2010
Placement of Fannie Mae & Freddie Mac into government conservatorship
USA
Fannie Mae Freddie Mac US Government

Locations (1)

Location Context
USA

Relationships (1)

KPCB Author/Subject USA Inc.
Footer indicates KPCB authored the 'USA Inc. | Income Statement Drilldown' report.

Key Quotes (3)

"GSEs Fannie Mae & Freddie Mac extended their guarantees on residential mortgages from conventional loans into Alt-A, interest-only and subprime loans."
Source
HOUSE_OVERSIGHT_020938.jpg
Quote #1
"While technically not part of the federal government, Fannie Mae & Freddie Mac have enjoyed an implicit government guarantee on their debt"
Source
HOUSE_OVERSIGHT_020938.jpg
Quote #2
"USA Inc. has so far invested $152B into these two GSEs"
Source
HOUSE_OVERSIGHT_020938.jpg
Quote #3

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