There are no assumptions being made followed by believed predictions or hard held opinions.
It is clearly stated:
First all of what is being discussed are hypothetical scenarios. We are imagining what would happen if a liquidation was the end game for the GSEs.
Hypothetical and imaginary is the preface and indeed that is all it can be when speaking of a distant future.
I do not know what is going to happen. I do not know what amount of proceeds will be left in a hypothetical liquidation scenario or if a liquidation scenario will go forward in any case.
I am not clairvoyant, telepathic, have no crystal ball and so I offer no predictions or estimates about these or other matters without evidentiary qualification.
However, there are statutory law, agreements and contracts, terms of engagement, proposals, charts, financial reports, articles, business processes. etc. that can be called into play to imagine a pretend or potential future in response to a question about that elusive section of time and events that are to come.
I usually not stand on the any side or position but that dictated by factual evidence and reason as it appears moment by moment.
What people say does not count for much in any final reckoning where actual behavior, definitive observable actions and substantial, well-recorded events tell the actual tale that can be counted on as intersubjective fact.
So to try this all out for a spin, just for fun, what would you estimate to be left for the old commons since you suppose that there will be something left? What evidence can you bring to bear on how and what will be left for the old commons after a liquidation?
I am long in FNMA since 2008. Such info is useful to have in hand.
Do not bother to wiggle out of it Dr Key using two sided sentences like this - Doesn't mean the old commons will get anything, but if these companies are IPO'd out as the hedge funds originally proposed, after paying off the old creditors, there would be something left (otherwise the hedge funds would not invest).
Also try not to use the employment of hypostatized entities like the"Government" can't publicly admit this (what and who is the government that can speak? Please show me a "government," a picture will do), and another like but "everyone" knows it (who is everyone? - does that include former President Jimmy Carter and how would you know he knows it so that you can say that...?).
Could not resist it...the gaping maw of ________had to be fed. (tongue-in-cheek old chap and all that rot).
Last post of the day...15 max reached. So if you respond, a response will come on the morrow.
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