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Re: GVInvestments post# 400001

Wednesday, 03/29/2017 10:51:27 PM

Wednesday, March 29, 2017 10:51:27 PM

Post# of 800764
My main worry about the sweep in general

is that its continuation as is implies support for the destruction of the companies.

If at minimum Mnuchin were to announce the sweep is being put into a special fund to protect against bailout that would satisfy me: I can wait for a long time for reasonable pay-off. However, no changes implies my investment will be destroyed (and not only that, but that affordable housing finance would be likely be, because no investor would money into such as scheme afterward, and the 10000 competing interest lobbied congress isn't likely to create an SOE for the purpose either)