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Re: Wise Man post# 770764

Friday, 10/13/2023 9:54:51 AM

Friday, October 13, 2023 9:54:51 AM

Post# of 796694
The only "separate account" that actually exists is the liquidation preference (LP). This is because only the SPS appear on the balance sheets, not the LP. The LP grows "in secret", dollar for dollar with every profit Fnf make - despite the formal stop of the NWS starting in 2019.

Current status (estimated values):

SPS = $191 billion
LP = $300 billion