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Post# of 796897
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DaJester

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DaJester

Re: Donotunderstand post# 793140

Thursday, 05/02/2024 10:26:25 AM

Thursday, May 02, 2024 10:26:25 AM

Post# of 796897
"no write off is written in a footnote"

I'm not sure what this refers to. There is no law or regulation that I'm aware of that prevents Treasury from writing off some or all of the LP. If anyone has evidence to the contrary, I'd want to read it. The SPSA says the seniors are not convertible, but that doesn't mean much either.
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