Beautiful Post Mehedi. Bop has some of the best explainations and I for 1 value her opinions. I have been following her for awhile and know she knows what she is talking about.
For example do you see the way this is written:
WMI's response and complaint is quite devastating, including (1) invoking those fearsome 547 and 548 avoidance powers (not surprisingly WMI claims everything is voided by these statutes: the capital infusions, 'new preferreds', tax refunds, $3.7 billion) I've been boring you about for eight months, (2) requesting a declaratory judgment with respect to various assets, (3) asking for complete disallowance of JPM's claims, and (4) asserting claims for intellectual property infringement.
She is definitely either a lawyer or a paralegal who works in an attorney firm specializing in BK law. I love it when we can see her posts, because it gives us insight into the mind of someone who has obviously been there and knows what it takes to prosecute this type of offense.
JPM's lawyers had to know they were opening the door for WMI to produce counter-claims on all counts and then some. It is now time for them to pay up for their crimes against shareholders and bondholders alike.
i can definitely sleep better tonight!
Thanks Mehedi for the post
GLTYA
Fish!
If we rally all stocks over 25% tomorrow, we settle next week,,,,,,
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