Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Paywall and you'll have to point me to the awesome post by Robert regarding TH's worthless comments about SVB.
It literally means nothing because it can be amended and extended.
Expiration date means nothing.
And? Do you even know what a holder of record is? It doesn't matter if it's 800 or 80,000.
Does.....not......matter.
So you are predicting 15 cents upside? That's how much it will be worth in today's dollars.
Well it's a good thing it's only one. Besides there's no need to echo the same fallacies about 'optional pay downs' and what not.
Commons to the moon! There, got ya covered.
1,002. When will you learn how to read the entire contract?
For the 1000th time, that's a legal issue which means there is no "explaining the contract to the jury". Judges decide legal issues and that issue has already been decided.
Give it a rest.
The more TH speaks, the more he reveals he's simply out of his element. Some of that word salad is outright dumb.
Oh course they think I'm a bad guy....because I don't tell them what they want to hear, I tell them reality.
ALL bankruptcies are analogous to this particular Conservatorship! Yet some can't seem to grasp that scale has nothing to do capital requirements.
Alternate reality describes most of these ramblings quite well.
If you had the years of experience I've have with restructurings as well as securities class actions, you'd be singing a different tune.
But you haven't.
So you really don't know what's applicable and what's not, now do you?
It didn't miss at all because it is fundamentally couched in securities law.
-If you are not damaged, you have no claim.-
As far as assuring new investors....this is child's play. With every bankruptcy reorganization, new investors are a plenty, and this will be no different. Why? Because the books will be clean, the capital buffer will be more than enough to prevent another conservatorship, and the valuation given to those backstopping a re-ipo will less than market.
New common owners will be rewarded, old common owners will not.
This is reality.
No amount of pixie dust and unicorn farts will change the leverage Treasury has with the SPS.
There will be no charitable contributions to commons.
There will be no winning lottery tickets.
Conservatorship is nothing more than an administrative bankruptcy reorganization and those with priority call the shots.
But Bryndon is a chick, didn't you read?
It's quite the wish list. I am reminded of the saying "s**t in one hand and wish in the other....see which one fills up first".
1. The government isn't going to all-of-a-sudden become charitable.
2. There will be no exist in the next couple of decades unless seniors convert.
COMMONS TO THE MOON!!!!
That's a laugh
George Will? Conservative? Bright?
That's hilarious.
George doesn't give a flip about the GSE's status.
14 years has got you 47 cents. Nothing needs to be said. Would you like me to throw in a "commons to the moon" just for good measure?
It's like an echo chamber in here. The pay down was only optional if certain conditions were met, which they weren't. This has been explained already. It's done, over, kaput.
And we appreciate the layups you give us.
Oh jeez, here we go again.
Fat chance. With the nonsensical hysteria surrounding "commons to the moon", the commons will likely go up a little before they come right on back down to reality. No damages, no takings. All just dreams.
Your votes are worth as much as your shares
Oh yeah, definitely. Must be his votes that keep this in conservatorship
She's doing a great job. Ackman should be able to buy a couple dozen donuts with all his commons.