Replies to post #610978 on Fannie Mae-No Politics (FNMA)

[Guido2]

What's the point of referring readers to #Fanniegate when you restrict who can read your posts?

I expect a refund too. Nothing I saw in the two documents makes reference to refunds. They do make reference to new preferreds and commons having exemptions from the dividend rule.

[Donotunderstand]

UST refund > 100B

Does it say that anywhere ? As the sentence in your post notes this as "expected"

Bradfore in SA notes the below - very similar - but I have no idea where anyone is getting a reason to expect this gift of half the capital needed

Calabria might as well have just taken the Moelis plan and said that Treasury didn't need the $100-$125B as much as the companies did. What you see here is simply Treasury's profits being shifted into capital held by Fannie and Freddie. Given that Treasury Secretary S