They had to do it this way, had no choice if cancelled all shares too many people know the real truth so they had to throw us a bone, and of course we all accepted it. We have no funds to go up against rich criminals such as JPM and FDIC crooks. Who has those funds, so we take the crumbs given to us. Someone put SS in his place I am sure here otherwise why would they promote such a travesty here for shareholders, it was the best he could do, no it was the best deal they (the most wealthy) would give him. Sad but true. SS could do no more than this, they would not let him.
JMHO of course.