yes seems if one can win the argument that ALL dividends are returned - and are part of the capital base - then the new 240B is super reachable !!
not sure why one expects that
such action flies in the face of GOV accounting !!
the refund would be now ---- 120B for example - while the GOV income from that 125B was in the past ---- GOVernments do not pay for past issues like that - IMO
no way Treasury finds a NEW this fiscal year 125B - no way
however - an amount over 10% - say 30B - or an amount over a renegotiated 10% to 5% which might be 60B ---- traded as paper to F and F is not impossible
neither is the TREASURY saying we sell the warrants - all of them to F and F for 30-40B (also on paper A)
all value requires the GOV to accept that payments to date - regardless of any or no refunds - paid off the 180-200B infused
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