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Wise Man

11/13/23 1:22 AM

#774186 RE: Wise Man #774103

To be precise, FNMAS' Fair Vaule $10.8 in 2008.
$9.8 now for a second Conservatorship that would start today, assuming that it'd be necessary 16 years to build capital with the Restriction on Capital Distribution and resume the dividend payments (Table 8), when the fair value fetches the stock par value.
Say no to do-overs and the "back to the future" promoted by the Investment banks and the hedge funds that own the FHFA.