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LuLeVan

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LuLeVan

Re: kthomp19 post# 771957

Tuesday, 10/24/2023 11:53:58 AM

Tuesday, October 24, 2023 11:53:58 AM

Post# of 795630

...a junior-to-common conversion ... would add $19B to CET1 capital in an instant so there is certainly a reason for Fannie and FHFA to want it to happen.



Why not $33 billion? That is the amount of JPS on the balance sheets. Do you expect the JPS-to-common conversion to come with a 42% haircut on par value?
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