Dime Bancorp Inc (fka DIMEQ)

[MrchntDeth]

JPM will not be kicking in more money to pay the LTW Holders. As it now stands, unless the D&O insurance kicks in for breach of the Warrant Agreement by the BOD, an LTW victory will eviscerate the PIERS post contractual subordination recovery and will push equity further out of the money.

Yeah, but you're ignoring that the Debtor could go over to JPMC (they're kinda one and the same these days), and ask them if JPMC could just give back everything, and accept certain liabilities on a "fair basis," . . . in light of the conflicts that exist.