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Re: Guido2 post# 663274

Wednesday, 01/27/2021 12:37:19 AM

Wednesday, January 27, 2021 12:37:19 AM

Post# of 797257
The conservator's duty isn't "to seek to make the GSEs safe and sound", but "to put FnF in a sound and solvent condition".
Because the words have a meaning, it isn't the same.
Put means "restore".
Sound condition means recapitalization.
Solvent condition is related to the amount of Debt. In this case, it's reduction of the obligations SPS.
Both coincide with the provision in HERA: Restriction On Capital Distributions, with the exception "reduce the obligations SPS".

This Rule Of Law Guy made it up because he's a conspirator that wants to deceive us.