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Post# of 796287
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big-yank

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big-yank

Re: sebCS post# 374056

Saturday, 12/24/2016 2:44:56 PM

Saturday, December 24, 2016 2:44:56 PM

Post# of 796287
Where did I ever say the government would take down the common shares?

The last thing the government wants is a liquidation because the corpus delicti becomes the GSEs that cease to function... and with them, so does the U.S. housing economy and 25% of its GDP.

What the government wants is to get off the hook for a $400 B backstop in case of another crisis.
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