Wednesday, January 11, 2023 9:15:11 AM
The FHFA Director used the wording IPO...
No mention of a Secondary IPO or Re-IPO.
This is an indication either the existing shareholders will be wiped out in a receivership afterwards the Treasury sells the companies in the open market, OR the Treasury buys the existing shareholders out and sells the companies in the open market.
FHFA Director Sandra L. Thompson Quote: “If the enterprises ever get out of conservatorship everybody knows it's going to be the largest IPO ever. But there are questions investors will want to know”. End of Quote.
No mention of a Secondary IPO or Re-IPO.
This is an indication either the existing shareholders will be wiped out in a receivership afterwards the Treasury sells the companies in the open market, OR the Treasury buys the existing shareholders out and sells the companies in the open market.
FHFA Director Sandra L. Thompson Quote: “If the enterprises ever get out of conservatorship everybody knows it's going to be the largest IPO ever. But there are questions investors will want to know”. End of Quote.
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