Johnc222

Fed Manipulation: Adding to the Bloggers' Case

Speaking of Fed interventions....why is the Treasury taking a Divy from FRE that make no sense. The reason the Government invested into these financials was to hold them up through this tough downturn in the economy. Not to make money.

The 1.1 billion dollars the Treasury is taking from FRE would be better kept at the GSE for operational expensive. The faster FRE gets back onto it's feet the better for everyone.

Time for the Treasury to convert those perfered shares into common.

It like there takeing money from a cripple person, it's a little distasteful...let FRE keep it's 1.1 Billion for it operations.

Has the Fed's Exit Strategy Already Begun?

The U.S. Treasury should not be taking a divy from FRE....1.1 Billion would be far better kept at FRE for operational purposes.

The Treasury should convert those prefered shares to common, after all the Governemnt did not invest in these financials to make money but to support then through a Savage down turn in the Economy.

It's distasteful like taking money from a cripple person.

Time to convert to common.