If the objective is for the Government to make $Billions from the privatization of Fannie & Freddie.....
......why not consider this plan:
A) on the open market, have the Government buy hundreds of millions of shares of FMCC and FNMA at current market prices,
B) Release F'n'F from Conservatorship, and Re-List them on the NYSE,
C) Repay the shareholders for all of the fraud having taken place during the Conservatorship, specifically:
1) damages paid to F2 in settlements from big banks related to the 2008 financial crisis and alleged misconduct in the mortgage market,
2) dividends unlawfully stolen from shareholders,
3) interest on all of that stolen money
So doing should cause the share prices of FMCC and FNMA to skyrocket, at which point the Government can then sell its shares to the investing public on the open market at a massive profit, even at today's market prices. Take all of the $Billions in profit and use it for Affordable Housing, Obama Care, paying down the Government debt, whatever. The idiots in Congress should have done this when share prices were sub - $1, they would have really made a bunch of money for the taxpayers. Too bad they're so incompetent.
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