Lion, IF Iman has clear definitive proof of illegal short selling on JCP, the letter to Solecow is a no-brainer. Trump is way too busy with much larger things at the moment, so that is a total waste of time for now. Solecow should be dead on the case, as your CEO. The fact that she isn't speaks volumes. It raises another huge question for you JCP bagholders. WTF exactly is/has she been doing the last 2 weeks, other than hiding under her desk hoping those big, bad, meanie bondholders just go away?
As you see, I don't disagree with I-man on this issue, in FACT I agree with him. I would say with certainty that JCP has been naked shorted, and that the SEC doesn't GAF. Their past track record on short selling is pathetic, so its no stretch to assume JCP has been naked shorted.
However, that ALONE was not the cause of their failure. Many other factors.
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