Judge Bernie looks at the evidence, and determines that secured or unsecured creditors were wittingly enabling the fraud/extreme valuations, and the buying binge.
if Judge Bernie determines that any of the players involved in the top line credit were actively conspiring with the crimes that lead to the bankruptcy, he can suspend/ terminate standing
thats when commons and other lower tier creditors see their positions improve #congratscommons -- crime doesn't pay, stupidity on occasion does
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.