Executive Summary
White Collar must be satisfied with sixteen percent.
Firecrackers must abide by the law of gravity.
Carol Flaton must flatten the stock price.
1. Recap Situation
We elaborated on the Last Short Squeeze, Betrayal by Dilution, and Random London Destructions. We've compared the briefcase lawyer to the gunman and now find that White Collar can't even crack the sixteen percent mark. What a trade you can’t refuse. And the Queen of Queens only knows what the gunslingers will pocket.
Check out the original BrainDozer below.
2. Why Now?
Delayed fireworks we have. Most crackers are already coming down fast, burned to ashes as they usually do. We didn't expect such a sudden default notice from JPMorgan and a public statement that a debt restructuring under the U.S. Bankruptcy Code is now on the table as we write.
Carol Flaton has more than thirty years of experience in the restructuring of distressed situations and has just joined the Board as an independent consultant. This is ne…
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