Tuesday, March 21, 2023 3:24:54 AM
If govt. is locked into NOT writing down PSPA and not relinquishing warrants then no new investor will touch with a ten-foot pole.
They ARE left with owning the GSEs and with no one to sell them to. Just a govt. corp.
That may end up being the case... well, they still have to deal with JPS. But sadly, not the common. Common would have to wade through the courts for another 15 years, probably.
Don't shoot me, just the messenger.
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