Warren Buffett Not Discouraged by Home Capital Vote

The video discusses a capital injection deal with Home Capital Group in Canada, highlighting the role of shareholder votes in the decision-making process. Despite opposition from institutional shareholder services, the decision to proceed depends on shareholder approval. The video also covers the investment strategy, including a loan backstop and potential stock purchase, emphasizing flexibility in response to shareholder decisions.

How did the loan backstop mentioned compare to the previous one?

What would happen if the shareholders voted down the proposal?