Thursday, November 04, 2021 11:42:23 PM
After the experience of 2008 financial meltdown triggered by the harebrained or mafia imposition of conservatorship, no administration can take the risk of any failure. So any risk of failure is not an option. BTW what is the urgency to act and take the risk while FnF are consistently building their capital year after year.
Besides any regulatory action to dilute one class shareholders to benefit other class of shareholders will surely attract provisions of 5th amendment and other laws.
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