"Any capital raise during conservatorship, meant to enrich Trump’s friends (Moelis), at the expense of the shareholders, would violate the law. "
Guido2,
Moelis is not a viable plan like most other plans put forth by wall street lobbyists, think tankers and bankers. But JPS holders keep on promoting these non-viable plans with a hope that they will get something more than what they are entitled to.
Trump Administration has not endorsed any plans so far. To avoid all these controversies, Trump has correctly issued EO asking all the involved Gov agencies to come up with plans based on well known principles. It appears Trump administration is going to do this based on rule of law.
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