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Thursday, July 21, 2022 4:17:54 PM
>>The third amendment was adopted at a time when the companies had
repeatedly been unable to make their fixed quarterly dividend pay-
ments without drawing on Treasury’s capital commitment. >>
Has anybody here seen in a plaintiff argument the reason that payments were financed by a "draw" (I am skeptical that any money went from UST to F&F until the Trump Tax cut devalued the DTA when I believe a $4B draw was required)? That reason being $60B was hidden in the three shell monte until record profit time arrived.
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