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Friday, July 31, 2020 11:47:36 AM
The SPS Cramdown Plan might end up being the Mnuchin Dilution Solution if Biden wins.
I wouldn't be able to sleep at night if I only owned Commons and wasn't hedged like Ackman.
I don't think Jr. Preferreds (The Fulcrum) have nearly as much to be concerned about as compared to FNMA Commons.
Fasten your seat belts! It's about to be a bumpy ride.
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