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Tuesday, September 12, 2023 1:53:15 PM
maximizing the common share price does not maximize the government's return.
not even according to the government's accounting of this.
https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2022/notes-to-the-financial-statements8.pdf
review the above sourced government document link to see how it values its equity stake --- as it contradicts navycmdr's blog post.
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