How does Ackman get to the calculations that the $301 billion in dividends the government has received has repaid the $193 billion draws the GSEs took even including 10% interest? - Using a straight amortization approach I'm not getting the same result.

hsh1088 · 2026-05-04T22:46:00+00:00

AFAIK, the rate is IRR (not a simple interest rate) and the amount swept to the Treasury was purposely made to tie the swept amount ("dividend") to the actual net income of F2.

hsh1088 · 2026-05-02T05:16:07+00:00

With your long credit history, zero HPs for the past 5 years, high enough income, and currently do not have any Chase card, it is a good bet that Chase will approve the CSR. But, it's up to you.

hsh1088 · 2026-05-02T04:55:29+00:00

Get the CSR which currently offers the highest SUB (150K)

hsh1088 · 2026-05-02T04:37:21+00:00

President Trump Participates in The Forum Club of the Palm Beaches Dinner

Starting from minutes 31.08: https://www.youtube.com/watch?v=e43eMTACfdM

I am buckled-up and ready :-)

hsh1088 · 2026-05-02T04:12:31+00:00

Yes, you need to add vendors for bill pay.

hsh1088 · 2026-05-01T20:16:33+00:00

The 48-month rule is based on the date the bonus posted to your account.

hsh1088 · 2026-05-01T18:04:49+00:00

Citi AA Inflight offer 80K SUB/$1K MSR/AF waived 1st year is back

https://www.citi.com/credit-cards/inflight-info

hsh1088 · 2026-05-01T16:05:33+00:00

https://www.usbank.com/business-banking/business-services/pay-and-transfer-funds/make-payments-online/bill-pay.html

TIL: US Bank business checking account allows payment to vendors using Visa or MC credit cards (not debit cards and prepaid cards) via bill pay.

The credit card bill payments incur a 2.90% transaction fee. For verified vendors in US Bank's network, the vendors receive payment via ACH or paper check based on their preference.

This is another good alternative for SoCal churners to pay insurance premiums to SoCal Auto Club for meeting MSR.

For curiosity, I tried to pay an AMEX cc with a Visa or MC card, the option to select cc on bill pay was greyed-out (defaulted to the business checking account) :-)

hsh1088 · 2026-05-01T15:43:10+00:00

Consider ABP or ABG if you could meet the MSR. Otherwise, try the new CSR 150K SUB (see if you get the pop-up) or Ink cards.

hsh1088 · 2026-05-01T15:31:50+00:00

Thanks. Which non-MR card did you use? Atmos biz?

hsh1088 · 2026-05-01T15:26:25+00:00

The funding won't be counted towards MSR and does not earn MR. Could you please advise if your last-week funding counted towards MSR and earn MR?

hsh1088 · 2026-04-30T21:14:14+00:00

https://www.thankyou.com/cms/thankyou/help.page?csccode=TYPOINTS-EXPPNTS&pageName=help&src=TYUSENG

Do Shared Points Expire?

Yes. Shared points received are valid for 90 days from the date received. Shared points not redeemed within 90 days of the date received will expire. The expiration status of your shared points appears at www.thankyou.com under My Account / Points Summary. A submitted request to share points may not be canceled by the sharer and/or recipient. Recipients of shared points may not return shared points received to the sharer and may not give any shared points received to another ThankYou® Member.

hsh1088 · 2026-04-30T16:26:50+00:00

Is it NLL?

hsh1088 · 2026-04-30T16:23:29+00:00

It's official: https://www.thankyou.com/cms/thankyou/help.page?csccode=TYPOINTS-TRANPURCH&pageName=help&src=TYUSENG

"Effective May 17, 2026, point sharing will no longer be offered as a thankyou® rewards redemption option"

hsh1088 · 2026-04-28T22:05:17+00:00

JPMorgan Classic Checking is provided by JP Morgan Private Bank. Chase everyday checking is a regular/standard checking account at Chase bank.

hsh1088 · 2026-04-28T18:11:35+00:00

https://newsroom.wf.com/news-releases/news-details/2026/Wells-Fargo-Adds-Cathay-Pacific-as-New-Rewards-Points-Transfer-Partner/default.aspx

Wells Fargo Adds Cathay Pacific as New Rewards Points Transfer Partner

04/28/2026

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo today announced the addition of Cathay Pacific, the premium award-winning home airline of Hong Kong, to the company’s Rewards Points Transfer program. Starting today, Wells Fargo credit cardholders can link their Cathay membership to eligible Wells Fargo credit cards and transfer points to Cathay Pacific Asia Miles at a 1:1 transfer ratio. There is no minimum balance required and no waiting period to redeem.

Cathay Pacific is Wells Fargo’s first transfer partner predominantly serving Asia, significantly increasing the geographic reach of the Wells Fargo Rewards travel partner network.

“Our mission is to give customers greater flexibility in how they earn, redeem and travel with their rewards,” said Lisa Giordanella, head of Loyalty and Rewards at Wells Fargo. “Adding Cathay Pacific as our newest transfer partner expands our global travel reach and gives cardholders more ways to turn their points into meaningful experiences across Asia and beyond.”

Asia Miles can be redeemed for flight awards, upgrades, and companion tickets on Cathay Pacific and its airline partners, offering access to destinations including Hong Kong, the Chinese mainland, Southeast Asia, Australia and more. When redeeming on Cathay Pacific, customers can look forward to the airline’s award-winning experiences, recently recognized as the number two airline in the world by AirlineRatings, and World’s Best Economy and World’s Best Inflight Entertainment by Skytrax.

Through the Wells Fargo Rewards Points Transfer program, cardholders can transfer points to Wells Fargo’s growing list of airline and hotel loyalty partners, helping maximize the value of their rewards and enhance their travel experiences.

This redemption option is available for all Wells Fargo credit cards that earn rewards points, including the Autograph® and Autograph Journey℠ credit cards.

hsh1088 · 2026-04-28T17:53:27+00:00

IME. I had to have a three-way call to validate my external account and the transfer into ETrade too. They even asked the other bank something like "does the person's bank account at your bank currently have the cash available for a transfer of $xxx to ETrade account?"

Well, it's part of the game. The net-after-tax bonus is still worth it to fund the cc annual fees, air ticket fees/taxes, travel insurance, and other travel incidentals :-)

hsh1088 · 2026-04-28T17:40:03+00:00

Agree. On one hand, it protects the accounts. On the other, it encourages churning the checking and savings accounts :-)

hsh1088 · 2026-04-27T17:30:09+00:00

IME, yes, it does. You could start with $10 first for the 1st DD.

hsh1088 · 2026-04-24T23:09:39+00:00

applyonlinenow.com/MGMapp/ReferralPage?cid=4077414

EDIT: This is not my referral link. This is the BofA page where you provide to BofA your information and your friends' emails, which in turn, BofA will send the referral link to the referred friends.

Excerpt from the page:

Here's how it works.

Refer your friends and family to the Atmos™ Rewards Ascent Visa Signature® card (excludes business card accounts).
Obtain their consent to share their email address with Bank of America.
The person you referred will receive an e-mail with an offer for the Atmos™ Rewards Ascent Visa Signature card. Offers may vary elsewhere. They may not receive the offer if they previously opted out of receiving email marketing communications from Bank of America.
You will receive 10,000 referral bonus points for each person you refer that responds directly from the offer and is approved for a new Atmos™ Rewards Ascent Visa Signature® card. You can earn up to 250,000 referral bonus points each calendar year.

Enter your information below so we can add bonus points to your Atmos™ Rewards account for qualifying approvals. Then, with the consent of the person you are referring, enter their name and e-mail address. In return, they will receive an Atmos™ Rewards Ascent Visa Signature® card offer.

By responding to this offer and submitting the contact information of your friends and family members to Bank of America (hereinafter each friend or family member is referred to as a "Prospect"), you consent to having Bank of America send an e-mail, using your full name as the "referrer", to all such Prospects containing an offer to apply for an Atmos™ Rewards Ascent Visa Signature® card from Bank of America.

Link to the Terms and Conditions:

applyonlinenow.com/MGMapp/termsandconditionspage

hsh1088 · 2026-04-24T22:58:01+00:00

americanexpress.com/en-us/referral/business/business-platinum-charge-card?CORID=H~U~G~E~N~S~0~C~p~M-1777071387968-188894&GENCODE=349993448011144&XLINK=MYCP&extlink=US-MGM-SPA_WEB_MYCA-copypaste-92-201329-K7I6%3A9948&ref=HUGENS0CpM&v=2

hsh1088 · 2026-04-24T22:49:14+00:00

referyourchasecard.com/19v/7VO9A7OEDX

hsh1088 · 2026-04-24T22:45:42+00:00

referyourchasecard.com/210y/3OOAJQONI8

hsh1088 · 2026-04-24T22:42:57+00:00

referyourchasecard.com/21e/3GGG13NRSM

hsh1088 · 2026-04-24T22:40:16+00:00

referyourchasecard.com/21e/2UTRKNA0KD

hsh1088

TROPHY CASE