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Monday, April 24, 2023 8:42:31 AM
If your contract is any good, then why no dividends?
Aaking courts to remedy with a conversion, cram down or any other flavor of the day is nonsense, and is why the JPS cases will fail. The courts in no way are going to involve themselves in determining the conservatorship OUTCOME and which share class wins, by putting the government at a disadvantage in how they manage it. It's a wet dream on JPS holders parts! The proper legal challenge is not an outcome by "share manipulation" , but a direct challenge of all shareholders ownership of the company, so any award falls to the companies bottom lines, derivative, expediting a release. But JPS can keep believing that their greed approach is going to work when government has stated numerous times about the hedge funds and their plans. You guys think that greed is good credo works...maybe IN the free market, but NOT in a conservatorship.
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” “I disapprove of what you say, but I will defend to the death your right to say it.”
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