Originally Posted by Alan Mendelson View Post
Axel if there is a 150% loss rebate I would throw myself on my sword and admit I was wrong. Please let us know where this was?

And by definition a rebate of less than 100% on losses is negative. That's the English language. Figure it anyway you want with your math but a loss rebate means you lost while a rebate of less than 100% cannot make you whole. It's just that simple.
I don't care how the "English language" or Alan translates something. I care about the math. If the English language says something is a loser but the math says it's a winner....guess what -- it's a winner.