(riddance). Not to sure on this but I think the fees they were paying (28 mi.) will now go to their internal management team. Sort of gave themselves a raise.
So Ali and Jane Fonda are your heros, because they went to North Vietnam.
Obama wishes to say he's sorry for not fixing Bush's mess. The damage done between 2000 and 2008 was too great to overcome in just 7 short years. The world crashed because of the faulty logic, trickle down, cut taxes on the rich economic policies forced on us by the neo-cons. Coupled with the hands off attitude of republicans toward Wall Street….and you can see why Obama couldn't fix anything with a republican congress saying NO at every turn.
One good thing…AGNC will no longer be paying fees to ACAS. Which amounted to 27 million per year. More money in the bank.
There are two ways AGNC can equal book. One is good, one is bad. The good one would be if SP equals current book or above. The bad on would be if book drops below SP, then SP is sure to follow.
Since you aren't ignorant enough to own AGNC, there is no reason for you to be on this board to pontificate, is there ?