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Re: FOFreddie post# 749278

Thursday, 02/23/2023 12:50:04 PM

Thursday, February 23, 2023 12:50:04 PM

Post# of 803999
The government can only get $100 to $200 billion out of FnF if someone gives the money. Common shareholders are the only ones who can be milked/screwed on a large scale.

Therefore, there can be no Solomonic solution where the government gets up to $200 billion and the old common shareholders would suffer no harm - no matter who will be elected as POTUS.

Someone has to give, and in doubt it will be the weakest in the pecking order [aka in the capital stack ranking].

Maybe he can pick up Trumps idea and make $ 100bn - $ 200 bn without screwing shareholders