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Re: car123 post# 521007

Wednesday, 04/24/2019 12:42:17 AM

Wednesday, April 24, 2019 12:42:17 AM

Post# of 867907
That's only assuming Recap is The Plan. Then JPS should convert to Commons to help the GSEs Recap. But they deserve a Premium to Par to compensate them for their generosity.

If no Recap, then JPS Contract Rights should justify a large % of Par while Commons get nullified in Receivership



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