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Donotunderstand

10/26/21 2:31 PM

#699464 RE: FFFacts #699420

no

The Senior Preferred holdings do not kick out the current JPS and common equity

Period

They have a highe claim on dividends

In a CH 11 or equivalent they are higher than JPS or common in an asset distribution waterfall

NONE of that accrues to ownership equity - fact
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Louie_Louie

10/26/21 2:49 PM

#699471 RE: FFFacts #699420

Tiny fact you forget, if they effectively own 100% where is the 3+ trillion added to the government debt? Try again, Eh? No matter how much you wish it, you're not right.