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Re: navycmdr post# 713291

Wednesday, 03/02/2022 7:03:52 PM

Wednesday, March 02, 2022 7:03:52 PM

Post# of 796370
You just can’t make this stuff up rofl
“In its report, the research firm writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion per our latest calculation. We assign a high probability that Treasury will convert its senior preferred to common at that point, an assumption premised on Treasury having little reason to freely give up the value of its position"...

2036 lol for what it’s worth hopefully at least a nickel

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