"Never understood why the US Govt would screw themselves owning 79.9% of the common stock"
It was tactical and thus, done on purpose so as to be deceitful. 80% would have put the $Trillions as debt on the federal books. More obscene that that though was the option price of 100,000 shares of common for $1 when the stock was still trading in the $dollars/share.
The cherry on this government sundae is, because of total government control, maintaining a share price of less than 50¢/share on two stocks churning out $10-12 Billion every 90 days, consistently, while denying the owners of 20.1% of the corporations not one red cent over the past 15 years, come September 2023.
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