Deferred interest and dividends are being paid off.
One example would be a small bank in Seattle that owes $7MM on it's TARP debt from 2009. The UST basically said that if the bank can raise the $7MM from private funds, and replace those TARP funds, that the bank would only have to pay back half what it owed (or $3.5MM). There are other examples that I see cropping up in other situations as well.
Learn something new every time you invest...and take it with you to the next opportunity.
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