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Old 10-11-2016 | 11:25 AM
  #116  
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Originally Posted by gloopy
I'm also in favor of a BH floor. The real question is, is that floor high enough to more than make up for what we gave up?

I don't think it is, so I'll give that a D+ in this climate, and if things change maybe give it a C on the curve one day. From what I understand, that "floor" is a good bit below what we're already doing, and we're forgiving their current shortfall in the JV as well.

Like I said, I think the 2 year no cure period is a win in and of itself, but I'm not sure it makes up for it.
I guess using Ted's number, it's about 5.5% lower than current. Is that enough of a back-stop? I think the pilots can decide in MEMRAT.
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