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Tuesday, July 13, 2021 4:06:21 PM
The case has always been conflicted. I'm sure you know.
Capital Trust shares, TRUPS, have always had precedents of repayment in the case of BK.
It is the MidAtlantic case and others, I believe.
How do some avoid payment?
I have complied with the requests of our Trustee who is owed another $9B+ in sub debt and wonders, "Why should we meet in required meetings for our sub-debt CTs with guarantees when our other sub-debt isn't paid? How bad is this Black Swan going to get?"
Apparently, they, like JPM, Barclays & C or any other LBHI counter-party or subsidiary, need a Judge to make them. It is the same with WAMU.
mojo
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