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Re: trunkmonk post# 751229

Monday, 03/20/2023 2:36:38 PM

Monday, March 20, 2023 2:36:38 PM

Post# of 796834
FHFA director became a political appointee when the Supreme Court ruled on the Collins Case... and Biden wanted to pick his own director so he picked Sandra Thompson. Calabria did good work and stopped the cash sweep.

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.