those who support that ridiculous plan are simply pulling absurd numbers out of the air. They just dont understand, and I dont think they want to understand.
They remind me of those poor souls who followed jim jones(jonestown massacre)
Did not financial establishment, lobbyists and media laugh at shareholders and plaintiffs condescendingly for so many years?
Did not financial establishment, lobbyists, media, and also Obama talk about winding down FnF in the last 9 years?
FnF do not need any reform plans from outsiders. Let Congress, administration, and FHFA articulate the housing finance policies and let FnF shareholders come up with plans to comply with housing finance Policies. It should be the prerogative of shareholders to run the companies and not the prerogative of the revolving door bureaucrats or greedy banksters. It can be as simple as this.