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Rodney5

05/01/24 6:43 AM

#793017 RE: Wise Man #793016

Wiseman Quote: “ What has changed is the existence of a Common Equity Sweep, when it's substituted for SPS LP.
A NWS 2.0.” End of Quote

When you say Common Equity Sweep are you saying wipe out the Shareholders?

What is the right thing to do? The money kept by the Treasury by the NWS should it be applied to principle and 10% interest and over payment should be returned to the companies. $301 billion is more than enough to pay the liquidation preference and redeem the Senior Preferred Stock?