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Re: Clark6290 post# 387533

Wednesday, 02/15/2017 7:48:26 PM

Wednesday, February 15, 2017 7:48:26 PM

Post# of 794033
yea, falling on the mnuchin confirmation is a terrible signal. realization that these co's will never have the capital to backstop themselves no matter what. Hensarling, et al will not give the companies a too big to fail backstop and let private shareholders profit off taxpayers.
it is well known amongst hedge fund community that common s/h get nothing. pfd's are living on a mnuchin prayer