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Helloo? Hellooo?

Seems like we're approaching the endgame regarding these GSEs. Anyone want to discuss the ways in which it could pan out and why?

Will the government exercise their warrants?

Will they somehow contrive to wind them down, killing the common and the jr. preferred?

Does the fact that the share prices are radically depressed represent such an opportunity that it's likely that the policy makers will buy up scads of it and then make policy decisions which serve to enrich themselves? (And, should we ride along?)

Is this thing on?
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