which the CBO considers realistic, is pretty much in line with Ackman's $34 target. It comes to $35 per common share. In this scenario, the SPS are bought back by F+F for $190 billion, which they collect in a capital raise. And the warrants are also exercised. The CBO assumes that there will be enough interest from private investors to support these sums.
will soon be swimming in the government and Wall Street pi$$ and feces while they drink of the nectar and eat of the fruits of the gods ... it is giving away 80% to the very criminals that caused AND BENEFITED from the 2008 crisis while deceiving, coercing, imprisoning, and blaming those who were not.
The government will get paid back once plus a more than fair return - which they have already collected, then almost DOUBLE that amount AGAIN with the warrants which will in turn be bought (the shares) quite cheaply in terms of future value by the very institutions that played a HUGE role in destroying the financial markets and economy - by the way, they will get the lion's share of future dividends. We receive $hit in comparison, none of the financial penalites that were paid to the government by the many institutions which settled, and nothing of the combined securitization platform that current profits were used to created. Get your shit together, post everywhere you can and fight back against a second theft and cover-up of the first theft!
One can avoid reality, but one cannot avoid the consequences of avoiding reality.