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Post# of 797019
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JosephS

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JosephS

Re: big-yank post# 352685

Wednesday, 09/14/2016 8:17:06 PM

Wednesday, September 14, 2016 8:17:06 PM

Post# of 797019
You don't understand. The Sr. Preferred can jump ahead of anything in the capital structure. THAT is the law... That is HERA according to these judges. Liquidation preference/scmeference.

Delaware/Virginia, whatever law doesn't matter. HERA rules all and the conservator can do as it pleases.

It is not subject to judicial review. period.
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