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Re: Commons_Cancelled post# 628458

Monday, 08/24/2020 2:55:57 PM

Monday, August 24, 2020 2:55:57 PM

Post# of 797109
You do know Dick Bove reached out to his JPM and MS contacts responsible for raising GSE capital and essentially JPM and MS said no conversion for JPS - no legal leg to stand on ...

Bove ... doesn't expect the junior preferred shares to be converted into common shares or full payment of par value on preferreds
...
They will also want to see value created for common shareholders.
.