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Re: chessmaster315 post# 623927

Saturday, 08/01/2020 7:18:35 AM

Saturday, August 01, 2020 7:18:35 AM

Post# of 804313
We are all bickering over commons vs prefs...
Commons will be X price.
Prefs will hit par.
Prefs will get conversion.
Will warrants get exercised?
SPS cramdown?
SCOTUS will rule favorably.
Catman will lose his nuts.
Share price will be XYZ.


In actuality none of that is even important. The one true purpose for Mnuchin releasing the GSEs is that he gets to decide who will be the next owners of FnF. Their earning prowess will take care of itself in due time.