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Post# of 804165
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tcj

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tcj

Re: big-yank post# 363260

Tuesday, 11/22/2016 12:48:04 PM

Tuesday, November 22, 2016 12:48:04 PM

Post# of 804165
Ok let's forget about initial action in 2008.

Suppose though that we have positive court ruling and Trump admin wants to fix FnF and move on. Sweep ends, gov agrees to a settlement amount for the suits regarding prf'd and a conversion to common based on that with understanding that FnF will now be run as a utility model. They concede warrants and agree that the over payment from NWS vs original 10% dividend will be applied towards recap. Issue new jr prf'd to fill the gap.

Doesn't every lawsuit wether common or prf'd or anything else go away?
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