They will collect most of it, IMO. Institutional and high net worth investors don't put all their eggs in one basket, and, should be able to cover their own losses. That's a statistical certainty. ;)
so they get half ~ 100 mill ~, plus say 50 mill for FastMatch. That.s 1/2 the debt recouped in couple months.Sure jefferies is well aware of this and probably why they gave the loan to begin with. I would imagine it would be in jefferies interest to promote a higher PPS. That would be a given, they do have the wherewithal to see it happen. All us longs have to do, is sweat it out for a few and we will be fine. I'll thank jeff for my gains
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