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Re: hnstabe post# 354532

Friday, 09/30/2016 1:26:30 AM

Friday, September 30, 2016 1:26:30 AM

Post# of 796683
I don't believe that could happen because dividends were paid, so they weren't omitted => they must follow the payout structure. Non-cumulative doesn't include past omitted dividends, the GSEs paid 100% dividends to treasury, so they prior dividends were not omitted, they were simply paid all to one holder.
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