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Saturday, June 29, 2019 4:14:24 PM
"Because the Gov, having looted them, will need private capital to protect the loot.
And nothing one can do. Except avoid owning the property being looted, aka Common shares. "
beernance,
1000% wrong answer. If FnF are doing just fine with almost 0 capital then they will do far better without blood sucking parasites (lawless FHFA conservatorship and wall-street bureaucrats) and NWS.
During capital buildup FnF will need a reasonable credit line from Gov or Private sector. But other than this FnF do not need any of the capital from wall street vultures and loan sharks.
Recap and Release is most risky plan for all including JPS holders. No one knows when FnF will be recaped and when will be released.
With Release and Recap, release is immediate and benefit all immediately.
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