Re: Fannie/Freddie - Trump Trade or CHUMP Trade?
My firm was one of the earliest buyers of distressed GSE Prefs during the GFC, but I'm no longer a believer today. This piece is about Restructurings, Fulcrum Securities, and Coercive Capital Raises.
My firm was one of the earliest buyers of distressed GSE Prefs during the GFC, but I'm no longer a believer today. This piece is about Restructurings, Fulcrum Securities, and Coercive Capital Raises.
During the depths of September, 2008 my firm Akanthos Capital was an aggressive and opportunistic buyer of distressed GSE Prefs at 1.5-2c on the dollar whe…
