JHD
You really don't have to take anyone word about anything here
Just look at the actions of TPS fighting to go from 70/30 for 2 almost 3 yrs to get to 75/25 and spending millions doing that, then the underwriters fight for 2 yrs and as well spending millions to maintain their positions in CLASS 19 in what some consider is WORTHLESS PAPER. And last but not least the DIP through negotiations DID NOT RV the PREFRDS, HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
OH one last and VERY MAIN POINT, WHY IS IT THAT JAY BRAYS ENDS UP AS CEO of COMPANY's THAT BUY HIS COMPANYs that is a real hard one to swallow unless he is the one that has access to the GOOSE THAT LAYS THE GOLDEN EGGS
Are all these HIGH FINANCE PEOPLE REALLY THAT STUPID?????????