Did you check how much Treasury has to pay to exercise the warrants? Is less than $80 thousand fair value for $400 billion? Was that the act of someone preserving and conserving his wards?
It's either the courts or a settlement. Either way the corporations (not shareholders) are made whole. Settlement hides the government swindle. My money is on settlement.
If there's capital to be raised, it will be minor, very little dilution and raised by boards of directors elected by common shareholders.
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