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Re: bradford86 post# 712882

Saturday, 02/26/2022 10:23:34 AM

Saturday, February 26, 2022 10:23:34 AM

Post# of 796633

tim howard suggests that if the spspa conversion obliterates common then it impedes their ability to raise capital.



Howard doesn't know anything about restructurings.

Putting the GSEs in conservatorship obliterated commons, so under that theory they will never be able to raise any capital in order to be released.