The Treasury purchased the Senior Preferred shares for $1 B as reported in the 2008 10-K report. The link is on gselinks.
The warrants are only paid for at the time they are exercised and carry a cost of about $25K based on something like .00001 per share. This has been fully explored and discussed on this board and numerous business and housing sites and two White Paper analyses published by the Federal Reserve boards of New York and St. Louis, as well as the findings of the Financial Crisis Inquiry Commission.
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