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Only? And what do you think is left?
Is there any other channels on AM?
KThomp contributes facts and data, you and others contribute noise.
There are a lot of them here. They must want to remain in conservatorship forever.
The process will probably take more than a year. Not happening under Biden, like I said over a year ago.
I doubt anything will happen for another 2 years.
Advise to not hold your breath. Even if Lamberth flushes the jury verdict down the toilet, it's not happening.
The joke is the echo chamber that repeats itself daily on this forum.
And you might as well go ahead and crown yourself the spinner of the circle jerk
And another fool speaks. I'm not bradford you DA
I don't wade around in the kiddie pool. When you grow up you can join me in the deep end.
I'm not one of the foolish that believes Treasury will open a shareholder charity.
I'm willing to put my money where my mouth is, unlike you and brooge. Do you also think, as he does, that the SPS will be written off/down to zero? There is no way in hell that is going to happen.
And peeps like you give lip service but don't have the stones to back it up.
How much do you want to go? Million?
Nope
How about golf boy? Seems he has it all figured out 😆
KT has a better understanding of the situation than anyone on this message board. You and your friend aren't even in the same ballpark. Where I differ from KT is that I predict the chances of the SPS being converted are much higher than what KT predicts.
Treasury took 92% of AIG yet AIG had a fiduciary duty to common shareholders. FnF have no fiduciary duty to common shareholders.
The writing is on the wall for all to read if and when the time comes for release.
Emotional nonsense
You should sell your JPS then
The hype train ran out of steam.
If you don't like GB's site, make your own. Problem solved.
LMAO.....thanks
They don't care
Investment there and investment here are the same. Both are a waste of money.
Yeah, garbage, do you have a hearing impediment?
If the NWS wasn't implemented and FnF paid 10% interest on $192 Billion in SPS (not accounting for the rising LP), then FnF would have paid roughly $295 Billion in interest to date.
So this $6 Billion premium ($301-$295) is going to payoff $192 Billion in SPS? 🤣
I own stock in a bank that has paid me more in dividends than my cost basis. Guess how much the bank has paid down my shares? Zilch, nada, none.
The longer this goes without Treasury getting a dividend = the more likely Treasury argues they can't write down the SPS.
Hello Not-Very-Wise Man. What apparently you and the rest of the clown car occupants can't seem to grasp is that FHFA has NO fiduciary duty to shareholders. Neither do FnF.
Technically FHFA has a fiduciary duty to taxpayers, just as does Treasury. So when you speak of writing down the SPS to zero for no compensation....that narrative runs counter to Treasury's and FHFA's duty to taxpayers. It's never gonna happen.
LOL all the way to a nickel for all I care. I'm not here to hold your hand. I'm here to laugh at people like you.