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Re: trendtraderz post# 190

Friday, 06/08/2012 4:55:57 PM

Friday, June 08, 2012 4:55:57 PM

Post# of 200
Not a fan of todays filings by the OCC.

I cannot figure this out. The OCC is basically claiming mgmt fraud and wants to go after D&O claims. If they were getting paid in full there would be no need for this and really they should be silent. If the debtors aren't getting 100% then equity is a zero.

Second, this looks like a fight between DI Mgmt (1 person) and the OCC. For equity this looks like a fight that will get expensive quick and for such a small float that is bad news.

Disappointing.

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