Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,165.08
(
0.80%
)
US TECH 100
26,533.20
(
-0.08%
)
Dow Jones
49,247.66
(
-0.13%
)
Brent Oil
102.08
(
0.54%
)
Bitcoin
77,602.93
(
-1.34%
)
News Focus
News Focus
Post# of 867285
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

kthomp19

Send PM Follow Ignore
Followers 54
Posts 7360
Boards Moderated 0
Alias Born 11/18/2016

kthomp19

Re: Rodney5 post# 733903

Monday, 10/03/2022 1:48:15 PM

Monday, October 03, 2022 1:48:15 PM

Post# of 867285

How many times do we have to cover this subject?



Until you finally admit the truth, which is that the seniors can be converted to commons if FHFA and Treasury agree to it.

Senior Preferred Stock cannot be converted to Common Stock or any class of Stock UNDER THE TERMS of THE AGREEMENT.



WRONG.

This post contains the proof. FHFA and Treasury can agree, at any time, to convert the seniors to commons. Amending the contract is specifically allowed by the very contract that you keep quoting!

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

Posting about other posters is the last refuge of the incompetent.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent FNMA News
More FNMA News