LOL...
You really believe this.
All they have to do is put a vote to all holders of pref shares to redeem at a certain price. And since only fhfa can vote for pref holders, they'd aggree to redeem at whatever the gse's and fhfa cooked up.
So basically, just agree to amend the contract between themselves. And once done is done. same way they cooked up the SPSA; the third amendment, the warrants, and all the other things they've taken without concern for the "rights or contract rights" of anyone else. J
Just do it. Like the warrants "expire" in 2028... but only if not "extended" which they can mutually agree to, see because the courts have unilaterally agreed to the theft and used stalling and delaying tactics the goverment can do what ever they want...
so...
poof... that redeem at pare is gone. up in smoke... merely a change of terms, no SEC invovlement necessary, as the SEC rules for GSE's have been suspendended. Again, do whatever they want... or dream up to screw investors, ALL investors... not just commons.. So prefs aren't protected from the theft,...
And,
it would be done.
no magic.
no argument.
no discussion.
Just done.
See, fhfa has 100% of the rights of shareholders.
So, 100% of those rights they were granted = 0 for shareholders.
So, don't count on the government being "fair" to prefs and screw commons, they'll screw everbody... equally, or worse, take the prefs to the woodshed for thinking they were better than anyone else.
cause
they are governement and they can.
