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Post# of 796068
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Re: Here I am post# 559296

Sunday, 09/15/2019 12:06:43 AM

Sunday, September 15, 2019 12:06:43 AM

Post# of 796068
Better quality image of the evidence about how the dynamics of the Treasury's purchase of Preferred Stocks work.
This proves that they are meant to recapitalize FnF, but the Treasury bought "cumulative" SPS that doesn't recapitalize them, unlike "noncumulative" (Core Capital).

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