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Re: Robert from yahoo bd post# 727925

Friday, 07/29/2022 5:57:16 PM

Friday, July 29, 2022 5:57:16 PM

Post# of 801636
Yet ANOTHER SMOKING GUN: "I was told point blank by a Treasury official that this was done for consistency with the wind down policy of the administration."

Do you think Don Layton is referring to the 1,2,3, or 4th Amendment to the PSPA?

THAT IS CORRECT SIR/MADAME! HeeeHeee wink !

While it is still unclear how much capital they would need to pursue this path, I would say that about $150 billion represents a reasonable estimate,22 and the requirement could potentially be even modestly lower. As discussed below, even this amount is so huge that it is likely to be raised mostly by retaining earnings over many years, rather than issuing new shares into the marketplace.