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Tuesday, May 04, 2021 6:12:19 PM
1. Let's start with a defination of Cet1 Capital. It has nothing to do with what you posted.
Instead, this is Cet1 capital:
https://corporatefinanceinstitute.com/resources/knowledge/finance/common-equity-tier-1-cet1/#:~:text=Common%20Equity%20Tier%201%20(CET1)%20capital%20includes%20the%20core%20capital,ability%20to%20withstand%20financial%20distress.
In short:
2. The overpayment is disputed. When you "take" money that does not belong to you and refuse to return it for over a decade, interest is indicated. Remember, we were required to pay 10 percent.
3. Where do you get this? There is no "conversion to commons" on the table or at Scotus, so this has to be made up: PFA (plucked from air).
4. Because your first 3 statements are pretty much "PFA" (plucked from air), your conclusion, is also non sequitir.
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