Monday, April 27, 2020 12:13:42 PM
What precedence to you think this might be for other companies taking money from the US Treasury?
If the US Treasury invests in airlines and oil industry companies, perhaps a future US Congress passes a version of the Green New Deal whereby the Department of Energy has the right to sweep all future profits to pay for mitigating climate change?
Isnt there a dangerous precedent here with what was done with HERA? When capital was raised with the massive JPS offerings - OFHEO was the regulator and then FHFA became the regulator with vastly different rules and capital standards? Dont you see a dangerous precedent here going forward?
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