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Saturday, June 29, 2019 10:10:00 AM
1. If current Admin is going forward with "a plan" do they need to raise capital?
Yes.
FnF are operating for 11 years, not only with almost zero capital but also with their capital/profits being robbed every quarter. Only capital support has been very limited and also diminishing SPS credit line at usury rates.
After 11 years, where is the need to raise 100s of billions of capital at deep discounted prices because of continuing lawless conservatorship?
FnF can continue to operate the same way after release without any risks, and start building their capital with retained capital and other reasonable options.
Can anyone explain why FnF need to have 100s of billions capital after running on almost 0 capital for 11 years?.
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