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Re: kip128932156 post# 593694

Sunday, 02/23/2020 3:39:55 PM

Sunday, February 23, 2020 3:39:55 PM

Post# of 797139
A financial settlement that resolved all of the lawsuits in a massive class action would be ideal.

What would it look like.

1. NWS canceled.
2. Warrants canceled
3. Intereset rate reset to market rates (retro releif)
4. Gov't debt repaid with prior payments
5. Excess $$ returned to companies

6. cash to preferred allocated over 12 year holding period equal to dividend's not paid plus another 30%
7. Cash to common allocated over 12 year period equal to $1-$2 per share per year plus 30%


I'd expect preferred market value to be just that.
As for common it too would trade at value.

How much money will it take to fix the government's problem? Billions.