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Re: Donotunderstand post# 408849

Thursday, 05/11/2017 1:55:08 PM

Thursday, May 11, 2017 1:55:08 PM

Post# of 795698
'Donotunderstand',
Third amendment prevents FnF from paying off original bailout money. Since 2012, all the payments are going to Gov as dividend and original SPSPA amount of $187B remains unpaid as liability.

If third amendment is canceled, and all FnF dividend payments are appropriately applied to pay original investment and 10% dividend then FnF are very close to paying off all the obligations as per original agreement. After this FnF will be left with almost $187B capital.