Let's not pretend this proves hundreds of billions in hidden fantasy cash remains. That fantasy has already been debunked.
The lesson in this, and all of these chapter 11s, is there is only one winner...the lawyers. Everyone else gets the shaft. Especially equity.. Which is always last in line. The very bottom of the barrel.
When does the March drop dead date get officially punted to the end of April? Its coming.. That's a guarantee. Fantasy leaves no other choice.
You keep saying they fought for being in class 19…. They never ever fought for anything… coffee lady appealed and lost but never did the underwriters fight for anything. They have their only claim left in class 19 and that is where it is… they get paid we get paid or they do not and we do not…..
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