Sallie Mae wound down from 1997-2004. The wind down was made successful by the growth of the business during the period.- No problem for f&f
When SM became a fully private sector company,the market value of SM equity was around $23 billion more than a three fold increase from five years earlier when the wind down begun.
In a 2005 study by Boston Consulting Group of the top global financial firm ,Sallie Mae ranked the highest among U.S.companies, and third in the world in shareholder returns.
WIND DOWN: In the case of SM it appears to refer to removal of the government sponsored entity (GSE) status.
Heres a plan:
Stop the NWS allowing F&F to build some capital by returning the over payments made to TD, release F&F, shareholder vote, and wind it down making F&F great again.