Hello Snowball,
I am sorry but was remiss in responding a week or so ago but since you brought this up again today….I felt I should reply.
RE: Milking Syncora
I believe your statement is incorrect. A couple of weeks ago, you claimed cost of 50MM to wrap up sale.
From the 10/15/2019 Syncora PR:
"Costs associated with the sale, which include legal and advisory fees, compensation and severance costs, are expected to be up to $20 million."
“Up to 20mm” is quite clear in my mind but you claimed they are going to “milk” this for 50mm.
Do you have a source for your figure or is your figure “fake news”? Or, are you simply trying to cause angst and uncertainty with your fake news and if so, why?
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While Corporate America have have its challenges, the market has a way of weeding out the corrupt and unjust. Sadly, this may take time and there can be damage that affect common people but I trust the market more than I trust a monopoly such as a government mandating from above.
