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Sunday, August 09, 2020 10:11:20 AM
EQUAL! No one has received any special treatment other than the companies themselves (derivative treatment). You can bet this is how they exit conservatorship also. Imho
So....then it becomes an active BOD at some point, maybe beholden to fhfa approving or disapproving cap raise. If government allows the companies to really function via release decree, then you have shareholders voting rights re-established. How lucky do jps feel when this comes about and is instituted?
I'm sure commons will vote for your 50:1, or 20:1 or whatever nonsensical conversion ratio you guys have been preaching.
It's more likely jps will be dealt with stringently because of the high interest dividends and the need for the companies to retain and raise capital.
My opinion folks
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