Fantastic update Tim. Appreciate all the hard work in giving us an update and making it available to all of us. I love the way you explain everything in simple terms to everyone. There is no doubt this is a very complicated situation to understand. The letter of agreement was excellent. We all thought Mnuchin would amend the senior preferred shares. We got it wrong. Looking back as you stated paraphrasing Mnuchin correctly did what I would have done if I was in his shoes. I often pretend I am Mnuchin. Yeah sounds weird so I will not get into the details LOL. It makes no sense to amend the PSPA at this stage. Let the courts decide. Let the courts do the heavy lifting. BTW he makes really good movies. I watched "The Accountant" starring Ben Affleck last month. That was one of the best movies I have seen. Several of the scenes take place at the Treasury.
fannie and freddie had 90 billions in cash combined before conservatorship, never needed any bailout... the bailout was forced by obama govt... in 2012 govt and govt agency agree to change term to sweep 100% of the profits forever... to fund obama care... biggest fraud in history on private property #FANNIEGATE some DOCUMENTS of the OBAMA GOVERNMENT FRAUD▼▼▼ i.imgur.com/icM2FYV.png i.imgur.com/tQUVLAO.jpg i.imgur.com/n302cMm.png i.imgur.com/tgWxoxz.png i.imgur.com/1jGGzvP.jpg i.imgur.com/Id8F08s.png i.imgur.com/uPLbkhV.jpg
Thanks Tim! Listened to you with Maria and as always they are just looking for sound bites not real analysis. This presentation today is a real deal by a real professional. Thank you so much. As a holder of preferred, Are you in a position to comment on the future of common stock?
