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Re: Pitt77 post# 23399

Wednesday, 10/27/2010 1:25:02 AM

Wednesday, October 27, 2010 1:25:02 AM

Post# of 24889
Re: Market manipulation

Corporate homicide is a reality of our market which requires disclosure of shareholders with a 10% long position but not a 50% short position. This (and other tactics) allowed runs on banks going back to ’07 that were particularly nasty in that an insolvent bank goes under receivership (i.e. little to no chance of recovery via an 11).

In our case, however, I could care less about the shorts. Let them short as the damage is done and they do no more damage. Our recovery will hinge on the bare naked truth that the current Plan is in violation of the US Bankruptcy Code. The judge can remedy this with a strike of the gavel.

It would help, however, if we were a bit more organized. Pecking away on a message board is not likely to effect much in the way of justice. As for hope, it is the thing with feathers. But, IMHO, a nice song and warmth are not worth much in the chilliest land …
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