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Re: mrholty post# 5180

Friday, 12/16/2011 4:57:17 PM

Friday, December 16, 2011 4:57:17 PM

Post# of 8307

Thinking about this pisses me off about the Trustee for the PIERS.



I sent a couple of emails to counsel for the trustee. Pointed out a strategy to remove the FJR subordination issue from the POR. Needless to say, I didn't get a reply. Fearing this outcome, I sold my PIERS about a week and a half ago. If you want competent representation, you need someone with pecans in the sack.

Your PIERS Trustee is incompetent. They could have blocked confirmation, but chose to rollover.

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