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marty009

05/28/16 1:34 PM

#8195 RE: linda1 #8194

Thank you Linda!
I don't know the total LTW's that were issued (maybe 115 million to my recollection)....nor the remaining LTW's after JPM cancelled the majority for pennies (maybe 10-15 million).
I am of the opinion that JPM is entitled to 15% of the $538 million total after tax up. The remaining $457 million should go to the remaining LTW holders!
Those that sold their RIGHTS to payment should take JPM to court for any amounts they believe THEY are entitled to (which is a separate issue).
We are demanding too little....and I believe JPM will make us fight for scraps. Let's just think back to how some of the facts were misrepresented ...in my opinion.
Should JPM walk away with their 15% cut intact after all that has happened?
No penalty?
Does JPM believe they now own the LTW's that gave up their claims?...or were those LTW's the equivalent of CANCELLED?
Should the LTW holders who accepted payment for cancelling their rights step back in for a second dip...or should they now bring suit separately against JPM?


marty009

05/28/16 1:34 PM

#8196 RE: linda1 #8194

Thank you Linda!
I don't know the total LTW's that were issued (maybe 115 million to my recollection)....nor the remaining LTW's after JPM cancelled the majority for pennies (maybe 10-15 million).
I am of the opinion that JPM is entitled to 15% of the $538 million total after tax up. The remaining $457 million should go to the remaining LTW holders!
Those that sold their RIGHTS to payment should take JPM to court for any amounts they believe THEY are entitled to (which is a separate issue).
We are demanding too little....and I believe JPM will make us fight for scraps. Let's just think back to how some of the facts were misrepresented ...in my opinion.
Should JPM walk away with their 15% cut intact after all that has happened?
No penalty?
Does JPM believe they now own the LTW's that gave up their claims?...or were those LTW's the equivalent of CANCELLED?
Should the LTW holders who accepted payment for cancelling their rights step back in for a second dip...or should they now bring suit separately against JPM?