Would you care to expand on the Fink vs Swartzman comment. Blackrock is heavy into MBS /fixed income while Blackstone is private equity - so you saying no huge IPO? And instead slow recap - what about a MB’s guarantee isn’t that what Blackrock says they need - can’t see Congress doing that any time soon .
what do you mean buyback common for $10 and new IPO for $200 ? that is robbery in daylight.. you cant force someone to sell your existing commmon for 5% value. Dont smoke crack on daylight Yank. There will be many lawsuits on this.
They all get FnF commons for $25 which is a 75% discount. This and years of tax breaks for their investment $$$. Jr. Prefs get par commons go to $100. Done
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