The memo alone should tell you the White House is looking for alternative solutions. Otherwise there would be no need to issue it. I understand the need to over complicate the recap/release process but remember the old saying keep it simple ....
FNMA will return to its previous glory the same way it fell from grace. Simple strokes of the pen.
You will need to provide reasoning for this claim. I didn't see anything in the memo that would preclude the Moelis plan from happening.
kthomp19, BTW You did not answer my other questions. If You have valid explanations then let us hear from you.
Trump directives allows all gov agencies to contribute to RR plan and also keeps the final decision with Larry and POTUS. This seems to be open and transparent process based on rule of law. All stakeholders including taxpayers,economy, fnf, CS and JPS holders are sure to benefit if such process is followed. Cronies need backroom secret deals to benefit and we have seen how this has worked during ob administration.
On purely merit basis, Moelis plan fails to meet the basic principles outlined in the directives. Besides it is not practical to have complex plan with so many assumptions and uncertainties trying to raise $225B fresh equity capital for companies that have been robbed of all the capital by the gov conservatorship.