I don't normally reply to your misgivings as often your discussion points and ranting of prefs superiority create little substantive information or value, but when things are obviously misleading, like a few others that come off thinking they know everything or some qualities where all they do is act authoritative, corrections of misstatements are necessary.
Simply to state, that fhfa, that is lead by treasury and the executive branch of government has done anything significant to return these two to the hands of its owners faithfully caring out their duty as "conservators" while extracting 300 Billion and wanting another $200Billion when, factually they were never in trouble and never needed any assistance is clearly comical.
If after 30-60 days fhfa / treasury or executive branch really wanted to restore order they'd have done it. But, instead they keep hiding behind ... "oh congress has to act"... well that's simply nuts, why ? because it wasn't congress that put them in shackles. The issue is, nobody up there wants to kill their golden goose.. And there has been no movement to really get that done. The fake capital level malarkey is just that; its unbelievable.
At some point something has to be done as the government is running out of options and stealing more isn't one of them, eventually, the right thing will be done; and when it is the investors will be rewarded, even pref holders, we are in this together, like it or not. Just please don't post nonsense.
