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observer21

08/24/17 2:20 PM

#425918 RE: navycmdr #425917

I'm glad to see some discussion of timelines but "or early 2018" almost always means at least the middle of 2018 or later. Hopefully not much later than that as things appear to be finally starting to move. Whether the resolution will be in our favor or not is yet to be seen.
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Dallas66

08/24/17 3:24 PM

#425933 RE: navycmdr #425917

Here is a snippet from that doc....not bad if it happens.

Government Exit from Ownership

Under the Blueprint, Treasury retains all $266 billion that it has received to date from both companies. Treasury also retains and exercises its warrants for 79.9% of common stock and sells its common shares through secondary offerings in 2019 and 2020. This process follows the proven path of Treasury’s AIG and Ally Financial (GMAC) stock dispositions, and is estimated to generate $75 to $100 billion in additional cash proceeds, raising total government profits to as high as $175 billion.

based on their numbers, that equates to around $15 - $20 per share with the GOV exercising warrants.