Fannie Mae-No Politics (FNMA): RNC Resolution basically quotes moelis...

Reply Private New

Replies (4) Next 10 Prev Next

Send PM Follow Ignore

Followers	272
Posts	8069
Boards Moderated	0
Alias Born	02/14/2009

bradford86

Re: bcde post# 436611

Sunday, 11/12/2017 12:53:42 PM

Sunday, November 12, 2017 12:53:42 PM

RNC Resolution basically quotes moelis

RESOLVED, The Republican National Committee recognizes that the United States Treasury has
recouped all of the money that it invested in Fannie Mae and Freddie during the 2008 financial
crisis, plus over $80 billion in profits to date, and that the Treasury can generate an estimated
$100 billion in additional cash profits by monetizing its warrants for 79.9% of each company’s
common stock;

https://prod-cdn-static.gop.com/media/documents/Resolution+on+Protecting+Taxpayers+by+Restoring+Safety+and+Soundness+to+Government-Sponsored++Enterprises.pdf

$100B?

oh where did that number come from?

moelis:
http://gsesafetyandsoundness.com/wp-content/uploads/2017/06/Safety-and-Soundness-Blueprint-1.pdf

I am Glen Bradford.

Keep that in mind.

I am on an adventure and my response is to educate the board, to attract smart people, and I reply to all sorts of garbage posts as well as smart posts, but mostly garbage cause hey, it's fun.