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Re: navycmdr post# 635746

Tuesday, 10/06/2020 3:00:24 PM

Tuesday, October 06, 2020 3:00:24 PM

Post# of 796360
Sounds like he's expecting Taxpayers to be compensated for the Sr. Preferreds.

The SPS Cramdown Plan is what should keep all of us FNMA Average Joes up at night. That makes Commons worth less than $0.50, likely less than $0.25.

Quick, get Judge Steele on the phone and ask if he can speak with Mark Warner about how the NWS Dividends should be used to write down the value of the Sr. Preferreds wink

Bove:


Congressional Budget Office: