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Post# of 796234
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camaro4me

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camaro4me

Re: navycmdr post# 631243

Tuesday, 09/08/2020 12:29:14 PM

Tuesday, September 08, 2020 12:29:14 PM

Post# of 796234
I did not know that this is how they convinced FnF execs to go into cship. good info


Given that the Companies were not in financial distress and were in no danger of defaulting on their debts, the Companies’ directors were confronted with a Hobson’s choice: agree to conservatorship, or they would face “nasty lawsuits” and Treasury would refuse to provide the Companies with any capital if they needed it.
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  • 1D
  • 1M
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  • 5Y
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