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Sunday, August 03, 2025 6:54:47 PM
Again, this scenario avoids all common sense. Ultimately the difference in profit for the government exercising the senior preferreds into commons is entirely negligible profit wise for them, creates further litigation / lawsuits, makes any investor unwilling to place money into these companies when they can be robbed at any point causing share price to be a tiny fraction of what it could be which of course takes away from any return the government could have by just selling it's 79.9% stake. The obvious is that the 301 billion received by Treasury thus far equates to an actual payment as it should be.
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