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Friday, December 03, 2021 3:53:31 AM
But this still means FNMA > $25 or even higher, if the warrants were exercised over a longer time period...
Your post:
"Fannie Mae and Freddie Mac shareholders hoping to be made whole in Collins v. Yellen have a new champion: former President Donald Trump.
In a Nov. 11 letter sent to Kentucky Republican Sen. Rand Paul, Trump wrote that, had he been able, he would have given former Federal Housing Finance Agency director Mel Watt the boot much sooner. Doing so would have allowed him to quicken the pace on releasing the two government-sponsored enterprises from conservatorship, he said.
“From the start, I would have fired former Democrat [sic] Congressman and political hack Mel Watt from his position as Director and would have ordered FHFA to release these companies from conservatorship,” Trump wrote. “My Administration would have also sold the government’s common stock in these companies at a huge profit and fully privatized the companies. The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the Obama/Biden administration.”
https://www.housingwire.com/articles/trump-comes-to-the-aid-of-gse-investors/
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