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Monday, January 30, 2023 9:27:30 PM
Are there any particular catalysts you're looking for to get back in, or is it more just monitoring the situation on the ground?
I find it interesting, though not terribly meaningful given which party controls administrative recap/release, that the CBO report on recapping FnF from August 2020 was requested by Patrick McHenry, who now is the chair of the House Financial Services Committee. I believe he has the power to call Sandra Thompson, and perhaps even Janet Yellen, to appear before the Committee and testify as to why FnF remain in conservatorship. That would be some real must-see TV.
You just named the two biggest obstacles to release/recap. The dumb and dumber duo of Thompson and Yellen.
I'm looking for regime change and/or insider trading. The so-called investment bankers (certified crooks in large part) will be looking to squeeze anything they can out of whatever source possible. When the feelers get put out, it will show.
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