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Re: Dax1 post# 270959

Tuesday, 12/02/2014 7:21:30 PM

Tuesday, December 02, 2014 7:21:30 PM

Post# of 796502
It figures out to right at 12.3% interest paid on the total bailout amount. I haven't seen Ackmans's numbers, and I would assume his numbers are based on the "original" agreement where FnF were to pay back XXX amount quarterly principle plus 10%, until the debt was satisfied. These amounts reflect the original agreement along with the sweep amounts tossed in.