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Friday, January 25, 2019 7:18:07 AM
He also said that the government can sell their senior preferred shares (2016 Urban Institute publication). Calabria has never hinted that the SPSPA can be cancelled (SPS written down and warrants cancelled) and we can all call it a day.
The Moelis Blueprint put it out there that the government can make $100 billion. Gary Hindes and many other litigants and shareholders agree. If the government gives that up, it would be political suicide for everyone involved. "You gave up $100 billion?! And $10 billion of that went to Bill Ackman alone!?"
If the plan comes out without the government getting at least $50 billion, I am calling my Congressional representatives immediately.
Agree (if just Fannie); then proportionally the same for Freddie.
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