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GAK-

09/25/20 9:03 AM

#634116 RE: JosephS #634115

More JPS conversion fantasy

Guido2

09/25/20 9:10 AM

#634121 RE: JosephS #634115

If SPS gets converted to commons (won't happen), Common Equity would be:

$192 billion SPS
$ 28 billion current equity
$ 84 billion G Fee not on balance sheets
$124 billion overpayment

$428 billion total.

Where is the need for capital raise? Where is the need for jps conversion?

RumplePigSkin

09/25/20 10:03 AM

#634133 RE: JosephS #634115

Joseph - simple question. Did FnF pay enough without the NWS to repay Treasury’s PSPA even with the 10% dividend?