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Post# of 867924
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Guido2

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Guido2

Re: Stern is Bald post# 712465

Wednesday, 02/23/2022 12:39:24 PM

Wednesday, February 23, 2022 12:39:24 PM

Post# of 867924
I read him because he comes up with occasional gems. The 2.5% minimum capital refers to mortgages held by Fannie & Freddie. Their MBS only need .45% capital. Translation: if Yellen and Thompson zero out the overpaid SPS, both corporations are ready for release.
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