Friday, January 13, 2017 11:59:14 AM
However, the bill doesn't appear to address what is done with those overages or the fate of the senior preferreds. If the government returns all money in excess of what is calculated ("loan" overpayment) and cancels the senior preferreds, we could well have a nearly instant recapitalization. But since those are not addressed, I doubt the intent of the bill is to recap the companies.
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