Sunday, September 10, 2017 12:17:50 PM
Gov can put $100B from warrant into the 10 years Treasury bond for 3% after release and relist of GSE. Then Gov can charge 2% commitment fee for guarantee $100B of loan for infinite years and let 1% added to $100B.
If there is a draw of $5B then $5B will be deducted from $100B+.
Why would government give this $100B to private investors who may charge more as dividend on new preferred shares?
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