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FOFreddie

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Re: kthomp19 post# 746000

Wednesday, 01/25/2023 4:49:46 PM

Wednesday, January 25, 2023 4:49:46 PM

Post# of 869595
Calabria Quote:

" If Treasury and FHFA can conduct the conservatorships of the
Companies to strip out any value and prevent the restoration of regulatory and market capital
despite their obligations under HERA, this manipulation of the process will dramatically affect
public confidence in the fairness and predictability of government’s participation in insolvency
proceedings."

Page 51 - last paragraph

https://www.cato.org/sites/cato.org/files/pubs/pdf/working-paper-26_1.pdf
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