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