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Post# of 795652
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Robert from yahoo bd

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Robert from yahoo bd

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Sunday, 08/23/2020 3:24:09 PM

Sunday, August 23, 2020 3:24:09 PM

Post# of 795652
This part of the Net Worth Swipe is beyond belief:

"Those dividend payments do not reduce the outstanding amount of senior preferred stock held by the Treasury. The agreements between the Treasury and the GSEs do not include any provisions for the government’s holdings of preferred shares to be redeemed."

What kind of "conservator" could possibly agree to sign the Net Worth Swipe?
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