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Re: Glossy post# 632985

Friday, 09/18/2020 4:04:49 PM

Friday, September 18, 2020 4:04:49 PM

Post# of 801156
Exactly. Everyone who keeps comparing this to AIG or CITI, or whoever are doing apples and oranges big time. I could list 100 differences or more starting with the GSE's never saw bankruptcy because they never were bankrupt.

Everything regarding the GSE's, takeover, conservatorship, handling, etc is far different than any comparison anyone wants to make, I will list a huge one...The capital rule that solely applies to the twins. Name one of the other bankruptcies, liquidation, or conservatorship that had to look at raising 254 billion!

Getting real tired of everyone comparing things that are not comparable. You either find an identical situation or none. Do not compare this to some other half azz'd situation. This is by far way more important and complicated.