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Post# of 796824
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JOoa0ky

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JOoa0ky

Re: Patswil post# 727965

Sunday, 07/31/2022 7:03:44 AM

Sunday, July 31, 2022 7:03:44 AM

Post# of 796824
The only way to write down debt according to the laws of the US financial system is by restructuring through bankruptcy...

If that is the case seniority of debt comes into play first regarding who gets paid out first. If pfds get zero, commons will also get zero.

You sure you want to pray for JPS to go to zero?


There are like 25 types of pfds

They’ll all be cancelled
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