Thursday, April 14, 2022 1:15:24 AM
Can you see a scenario where Treasury will take less than 100% of the value for the SPS? The reasoning is that they have the leeway to do so because we are net 0. I know net 0 means jack but net 0 with a +310b in dividend profits already made allows Treasury to lets say knock off 100b of SPS liquidation value or maybe even 150b. Treasury can still say it made 160b + (220-150b)= 230b net profits. If they do that, they can cancel the warrants.
Its probably a fat chance they will knock off 150b. If not 150b or 100b, 75b or any number less than the LV?
Treasury is not out to make money. That is not their mandate and purpose. 230b profit is a win to sell to the public and that will put the cap on and finally end the 2008 financial crisis......
Just a thought.
Its probably a fat chance they will knock off 150b. If not 150b or 100b, 75b or any number less than the LV?
Treasury is not out to make money. That is not their mandate and purpose. 230b profit is a win to sell to the public and that will put the cap on and finally end the 2008 financial crisis......
Just a thought.
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