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Replies to post #684241 on Fannie Mae (FNMA)
Commons_Cancelled
06/21/21 9:32 PM
#684277 RE: kthomp19 #684241
But in all cases, if the commons have an economic value of even one cent then the juniors are worth at least full par. It's alarming how much ignorance there is (not on your part) about what a restructuring means and the great importance of the capital stack in a restructuring.