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PennMilitia

07/14/21 2:22 PM

#688881 RE: bradford86 #688879

Catman collapsed on-the-job that’s what happened

That’s exactly why the NWS and phoney Liq preference are not gone for
good.

Of course these companies are not liquidating anyways so the phoney Liq
preference will go away on its own.
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Donotunderstand

07/14/21 2:23 PM

#688882 RE: bradford86 #688879

what about those ideas where in some arrangement (GOV is not forced but would be wise0 ---

the GOV - it is Joe Biden the find the middle man - uses the WTS (exercises and sells) to raise a ton of money for working class borrowers (still IMO 20% down) ---- and F and F become private utilities with 5B shares

at same time GOV agrees to cut in half the insanely high capitalization levels and to NOT go to market with SPO but allow the gain in profit to increase capital

We then are 20% owners of the company and with 5B shares the PPS is likely 10 or so --- for the 4B sold to the public and ours

10000000 obstacles but some such trade off - freedom for maybe a smaller F and F (to get R on board) - but privately owned - doing its main job with Fannie MBS activity and doing DEM type stuff with money - say 40-50 B raised from exercising and selling the WT shares

A dream -- but I have seen 3 versions of it (one splits the companies etc) and every time it makes sense to me