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wzxchange

09/12/19 3:12 PM

#558442 RE: Wobbles #558439

Yes, the receivership scenario is when they wouldn't trade. But that's the option he's already taken off the table when he said that statute doesn't currently allow receivership since the GSEs are not financially insolvent. So it's a non-issue IMO. Surprised we're not up by more after that comment.
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TRCPA

09/12/19 3:20 PM

#558449 RE: Wobbles #558439

That's akin to the receivership scenario that was floated and quickly discarded.

They can never do a public offering if current commons are gone.

Nobody would trust them to put up the money.

Its posturing, pre-negotiating with the plaintiffs.