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Friday, June 19, 2020 1:42:46 PM
Re: Fannie/Freddie-Common vs Pref? I’ve always disagreed with Whitney/Ackman on this (see link). Imho they’re ignoring the very real possibility of equitization of the pref which would massively dilute common to the benefit of prefs and uncap the upside. https://t.co/xNGQvBLBFn
— Michael Kao (@UrbanKaoboy) June 18, 2020
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