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Re: rosen62 post# 14367

Wednesday, 03/05/2014 7:58:18 AM

Wednesday, March 05, 2014 7:58:18 AM

Post# of 17761
Paulson is old news. Anyway, you're right about profits not being the issue and solvency being so. My apologies I was a bit messed up yesterday or whenever I posted that.

You have to understand though, with the third amendment in place - and ever since mid 2012, the agencies have been becoming solvent. The treasury hasn't been giving any draws for about a year now so far as I'm aware.

The treasury draws serenityfire only required when the companies had no profit or negative quarters. That has not been the case in a while and it is not due to the third amendment.

-z

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