1. The Government motivation for the conservatorship was is to grow the bureaucracy and to completely control F&F business.
1. The Conservatorship is the baby of Bush and Paulson who IMO - an opinion - would never have done HERA and the conservatorship in normal times - never.
2. If 100B is pocket change ---- ?? - IMO then they would free us and not worry about capital reserve levels for the next 100B. I think they do worry but I think they can raise 100B via WTS -- then raise 100B for F and F by not allowing dividends for common or JPS for x years until collected. So if they do not worry ? And if they do worry - then there are easy answers
Nope - bluntly - I am not interested in the opinion of people I never heard of with organizations I never heard of. Seriously - doing that would drive me crazy and there are so many CONTRARY blogs and pods on every issue. I will pick what to read and listen to and go for a bunch of sources v one opinion