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I'm not sure of the process. Wouldn't it be fairly simple to just extend the deadline? I don't know why they wouldn't. What's a few billion more dollars conjured out of thin air?
76 sats \ 1 reply \ @kr 1 Mar
yeah the process should be simple, but the perception of weakness would bring its own challenges too
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True. It probably will expire unless NYCB quickly gets the crisis ball rolling, which is unlikely.
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