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daisyxu

07/05/11 1:22 AM

#501 RE: DJN #500

i'd prefer the debtors and their attornies to legitimately make a sizable amount by maximizing estate value to the benefit of equity.

i think that's where the problem lies in lehman's case and even more so in wamu's case. equity should band together and say: "hey, we'll give you guys 20% of whatever we recover - the bk is a hassle for you creditor/debitors, we're sorry and we'll make it worth your time to sort this chit out"

for sure this attitude hasn't worked for equity: "it's all rightfully ours once you take what's rightfully yours" we must align our interests rather than assume integrity and due diligence will prevail over natural tendencies of greed that cause coi.

jmo.