need a person like Otting or Calhoun to come in and say they have control, not treasury.
Only thing good right now is treasury not getting any money and the gse's are building capital.
crooked balance sheet LP and SPSA need to go
I think as some are starting to mention on this board we might have been better off with a moelis or warrants getting sold by the gov't-it kills me to say it but time value of money is going down the tubes.
20% of something is better than 0% of nothing
after all this time we deserve a 80-100% payout, all shareholders do
but what is really going to happen is probably some more theft before this ends.
The Obama administration did nationalize the GSE's. But who is to say that the R's wouldnt have done it anyway, under the conditions that they were in.
In any event, Trump had his chance and plenty of time to fix the situation if he really wanted to.
Can't wait to watch as the current administration implements their death by 1,000 cuts strategy to promote social equality at the direct expense of a capital rebuild.
Let's face the facts, one party believes they should be released whereas the other party thinks they should be used as tools to obtain social goals and the evil hedge fund guys be damned!
TBF Bush and Co. forced these companies into conservatorship in the first place. And they did it with extortionate bailout terms that continue to damage shareholders.
Both parties will continue to run the GSE's to serve their political objectives. Like it or not, we are a giant piggybank. The only good news is that right now the plug is back in, and if they want any more cash out of us they'll have to break the thing open and spread some wealth to existing shareholders.
I'm counting on Treasury to be greedy, which seems like a pretty safe bet.