Saturday, May 23, 2020 12:53:52 AM
What these hare brained bureaucrats do not understand is, during crisis no amount of private capital will enable FnF to provide unlimited liquidity. It is only Gov/Fed that can provide unlimited liquidity during crisis. This is what happens in every crisis.
FHFA bureucrats are worse than idiots, to come up with all these meaningless capitals rules.
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