HE GOT ALL THOSE FREE WMIH SHARES "Representing Us"...He owes us at least "A Parting Shot"...
You can't promise a "meaningful recovery" thats "more than fair and reasonable" and not deliver. That's illegal BBanBob. This Settlement/Investment was misrepresented from the start. A vague, low bar was set, and these greedy, corrupt, inept jackals couldn't even meet it.
Securities Fraud https://www.investopedia.com/terms/s/securities-fraud.asp What is a 'Securities Fraud' Securities fraud is a type of serious white-collar crime that can be committed in a variety of forms, but primarily involves misrepresenting information investors use to make decisions.
Nobody would've released if WillyJam told us we'd be at WAMUQ = 4 cents SEVEN Years later.
AND equally as important is this investment must be suitable for retail. We have no business in this tax based clusterfuck investment/settlement with the criminal hedgies.
DEFINITION of 'Unsuitable (Unsuitability)' A situation where an investment strategy does not meet the objectives and means of an investor. In most parts of the world, financial professionals have a duty to take steps that ensure that an investment is suitable for a client. For example, in the United States these rules are enforced by the NASD. http://www.investopedia.com/terms/u/unsuitable.asp#ixzz4udv0ou7k
Hey WillyJam, where's the settlement? Maybe you can room with Bernie..