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Post# of 797263
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capitalismforever

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capitalismforever

Re: hnstabe post# 403886

Tuesday, 04/18/2017 3:40:07 AM

Tuesday, April 18, 2017 3:40:07 AM

Post# of 797263
You've almost got it. The $600m reserve is not a reserve. Why they call it a reserve is confusing. It's a hypothetical number they arrived at. It's a "hurdle rate". An intangible number that does not represent an actual cash amount.
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