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Re: AZCowboy post# 521061

Sunday, 06/03/2018 2:05:14 PM

Sunday, June 03, 2018 2:05:14 PM

Post# of 731050
AZ-Truer words never said--The backbone of all this posturing was always about the protection of WMI's assets and their repatriation--As I have mentioned for years now--not about what one investor class can get out of the spoils--This was a carefully laid plan by Kerry and management--and most likely Bonderman--Unfortunately the plan was to get assets reorganized without equity, as expeditiously as possible--Weil was the debtors counsel and they tried to zero us out--this was also relished by JPM's management from the onset--But equity stood up and fought to be counted--There was even a time when Quinn was going to displace Weil when Weil's actions became all too apparent---Historically the problem has all to often been that management forgets who owns the company--not them---Shareholders own the company--In this case we reminded them of this Fact....
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