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Re: FOFreddie post# 744375

Thursday, 01/12/2023 5:16:22 PM

Thursday, January 12, 2023 5:16:22 PM

Post# of 797460
I can assure you that the prayer for relief from the Collins/Bhatti/Rop plaintiffs are for either 1) write down of snr pfd liquidation in full or 2) convert the snr pfds to common. Option 2 is much better for the government so I don't see why they would settle for anything less if push comes to shove.