Monica, I do not have it readily available as I am busy but read the August 01, 2012 8K Filing that addresses this specifically and you will find it says Preferred and Common Equity Interests will be at the 75/25 split.
""2. Tepper only owns 5% of the Escrow account $4 Billions Worth...But he only owned Class 22 Commons....There is NO PROOF and only RUMORS that he changed his common shares to P K ....NONE....All the Best""
I guess it is AS WELL A RUMOR, that he holds a VERY LARGE POSITION IN THE TPS preferreds as well!!!!!!!!! A VERY LARGE POSITION
ANd I think there was some SPECIFIC INDICATION of the %'s that would come to each of ""THE EQUITY POSITIONS"" Class 19 and Class 22, wasn't there??????????????
Per LG
"" Preferred and Common Equity Interests will be at the 75/25 split.""
NOW as far as I know when you are talking about things in order so would the %'s be in the order of which the first comment was made
So since P EQUITY was mentioned first then the 75% would be applied and since the COMMON equity ws mentioned second it would rightfully be the second reference to the %'s
WELLLLLLLLLL let's just say how I understand it to be when things are described in order
It's no big deal SO LET's JUST WAIT and SEE how it all turns out
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