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Wednesday, May 18, 2016 2:17:48 PM
I bet that the hedge fund managers have been talking with people like that on what a new F and F might look like
That dude might want Fannie dead. At same time - he easily might be interested in a strong private F and F owned by us to take on lot of the load next to his investors
Reality is that F and F had lower borrowing costs due to the implied GOV guarantee and most likely any future F and F will have to address that historical aberration one way or the other
(explicit guarantee and a private utility model with regulation or no guarantee at all and slightly less profit)
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