I think you psychologically make up what your mind and your futile thesis can't get from courts or government. A net worth sweep dividend for the JPS clown pose. Trying to disguise a cram down or conversion? Or are you just re-naming it? No matter, it doesn't float here. You guys are all about providing partial info for arguments, making up terms like fulcrum security, NWSD (lmao), I don't know....maybe it provides some sort of mental security, comfort as you JPS folks see your chances for anything just dribble away, quarter by quarter.
Ive said it a 100 times, JPS will get par or close to it eventually, 3, 4, 5 years after release maybe, but while released commons will spike, and spike, and spike. There will be no dividend for any share class other than governments if they create a special class JPS just for them, they can do it, they own the BOD. So JPS will be blocked for who knows how long. This is my opinion, yes.
Just as good as yours. The variables are not known until it starts to happen. No one can say who, what or when. I only know the government, at least 1/2 is vehemently ageist making hedge funds rich. They use to be in JPS, but who knows now, with the JPS prices where they are???
I own FNMAS by the way, 10k. It's my NWSD gamble! Lmao