W2007 Grace Acquisition I, Inc. (fka WGCBP)

[mrholty]

Hank-

I agree with your concern. Goldman has acted unethically and illegally (imo) for the last several years here. However they own 60% of the preferred and 100% of the common.

I wonder if they were getting some heat from the SEC asking questions so they figured the best way was to "make everybody whole" ignoring the fact of how they obtained the 60% of the preferreds?

Does anybody know of any other situation where Goldman or another IB where they have acted as bad as they have here? A leopard doesn't change its stripes.

JPMs handling of DIMEQ warrants were similar in that there is/was contradictory evidence that shows that it was never transferred from WAHUQ to JPM yet they testified it was.