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Re: Donotunderstand post# 768754

Wednesday, 09/20/2023 10:26:21 AM

Wednesday, September 20, 2023 10:26:21 AM

Post# of 796414

so the GOV - be it Treasury or FHFA or ? --- can not force convert ?

to me that is key - as what idiot would vote for conversion if its 99% expected that the eventual common will be destroyed by dilution (which by the way - I do not accept as fact - despite what Treasury said before about the SPS)

Summary - No conversion should be anticipated -- but maybe nothing for 100 years ?



If you own commons, you don't get to vote. Understand?

And yes, conversion should be anticipated. Dismiss Treasury at your own peril.