Thursday, August 12, 2021 6:31:26 PM
https://projects.propublica.org/bailout/list
Awkward truth: if GSE accountants had provisioned credit losses with uncanny accuracy (i.e. matching eventual cash losses) gov't "bailout" would have been close to zero.
— David Fiderer (@Ny1david) June 24, 2021
If the Treasury exercises the warrants, it will be another $400 billion in takings. We'll be shareholders in two corporations that will have a combined worth of close to a trillion $.
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