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Re: BBANBOB post# 426263

Tuesday, 06/16/2015 11:01:02 AM

Tuesday, June 16, 2015 11:01:02 AM

Post# of 729770
I wouldn't be a bit surprised to see a class action suit here.It seems the judge gave them good cover and maybe Greenberg could help them out by sending in a top notch legal team(like his). So the government ended up with a 22 billion dollar profit from AIG's TARP relief, and Fannie & Freddie have paid back their loans in total plus about 40 billion dollar profit, a cash cow they do not want to let go of, even though they should have already ended the conservatorship, Too bad they didn't do as well with GM, but then again they would've had to wait for the share price to rise like everyone else. No, they needed to liquidate that GM stock at a huge loss, a move that individually few would do. But alas, it's not their money, so it doesn't matter. To me, this is just another string to be tugged on.
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