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Thursday, December 16, 2021 7:41:58 PM
Because what insane investor would possibly be as stupid as we have been all these years in believing the government when they told us in 2008 that the conservatorship would be temporary.
You and I own FnF shares. So do thousands of others.
Your points clearly have not universally prevented investors from buying the shares. It has, however, certainly kept the prices down.
That's why I think that if the government's past actions prevents capital from being raised then FnF will still be in conservatorship in 2045. And if they don't, the worst they would do is push the offering price down.
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