Monday, April 01, 2019 12:10:27 AM
Have you thought about how easy it is for "The Powers that Be" to settle the CT claim?
48M shares trading for pennies 99% of the time?
How many shares do the trustees own? The Subsidiaries? Affiliates? LBHI itself?
How many of these shares could be exchanged by JPM itself if they wanted a treble damages settlement?
$6B - $7B max to secure the charter and cache. Capitalize ops with Tier 1?
Then, they'd just be paying themselves.
How many are owned pre-2013?
JPM could push the bid to $0.25 - $0.50 tomorrow and acquire millions.
Same with BNY.
They have the FED keeping the rates low for at least 6 months, too.
They haven't had the inclination to settle yet.
Not in their purview.
Can you say why?
mojo
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