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Saturday, February 04, 2023 4:02:53 PM
Please provide all of us the proof that commons can be crushed in conservatorship. I've been in this for 15+ years, there is nothing in HERA or the conservatorship law that specifically stipulates that statement of yours.
For starters, the warrant agreement.
Government assumed all shareholders rights.
Almost all, go read the statute and try to understand it.
That would be JPS too, so no contract claims, just like commons can't vote.
See above.
However, the government can easily amend HERA to get any end effect that they want, it's been proven out, and court approved. If they say, lets screw those hedge fund JPS gluttons, you can bet they will with another law created by FHFA and treasury to amend HERA, because courts are turning a blind eye to non elected law making entities creating law as they go.
Have they?
JPS crowd keeps claiming this is an administrative bankruptcy...but, but, but, but, but not so when it concerncs JPS! Lol. We get it, you guys are all about only bad things can happen to common and JPS are aphrodisiac nirvana, lmao.
JPS keep believing that commons ARE in an "administrative bankruptcy"(but, oh no, not JPS, can't happen, we're special) and commons are looking at billions and billions of share dillution, and JPS are in a "restructuring" for a 150% par win! or billions of common share conversion at penmies that will miraculously be worth fortunes AFTER Jps converts!
Or some other wild fantasy, but administrative bankruptcy is only happening to commons, mind you....lol ha ha ha You guys and your sticky nonsensical logic. Don't ya's ever get embarassed? Pick one and stick with it, stop tossing different babble around like fulcrum security, admin bankruptcy, restructure, blah, blah, blah. The more worthless babble the more unbelievable.
You seem a little upset. What follows won't make it better.
I've got almost 2 decades worth of experience with bankruptcies and yes, this is like an administrative bankruptcy but actually it's worse. I don't own enough JPS to piss on. There's a reason why they are trading so low....because basically it's a bankruptcy with no end in sight.
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