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Re: stockprofitter post# 199371

Sunday, 03/30/2014 5:41:56 PM

Sunday, March 30, 2014 5:41:56 PM

Post# of 802439
Actually stockprofitter, the US Treasury can "use the warrants."

The warrants have not expired. That is a legal fact at the moment. The warrants can be auctioned, sold or turned into common stock as they have been for hundreds of companies in the Capital Purchase Program.

The warrants were received along with the senior preferred stock in exchange for draws on the US Treasury totaling $189.4 billion for both GSEs.

The warrants are not collateral on a bailout loan.

There is no bailout loan and so nothing has been or can be paid back on a non-existent bailout loan.