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Post# of 864404
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bradford86

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bradford86

Re: Lionscantwinagame post# 846077

Sunday, 09/28/2025 4:21:04 PM

Sunday, September 28, 2025 4:21:04 PM

Post# of 864404
this is conservatorship, which parallels bankruptcies according to the guy who helped draft HERA who was prior FHFA director Mark Calabria who wrote a white paper to support the plaintiffs in this litigation, but the supreme court ruled against calabria and then joe biden fired him



https://www.cato.org/sites/cato.org/files/pubs/pdf/working-paper-26_1.pdf

look, i'm sorry if you can't read a balance sheet, you have a lot of company here, practically everyone on this board with a few exceptions; but the spspa is valid and will be monetized in this pending restructuring

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.

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