#bbbyq

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RICO from day 1: #BBBYQ "It is the first time I have advised a company that received an acceleration notice from its lenders of the whole entire cap stack." -Kirkland and Ellis What triggered the notice of default January 13, 2023? A failure to prepay an overadvance? What this means is that the loan JP Morgan gave was contingent upon a ratio of qualifying inventory to the lending amount. Mark Tritton bought inventory that didn't qualify, JP Morgan did cash sweeps which prevented Bed Bath from being able to buy inventory, and MSC shipping price gouged 10x during covid to make the cost of inventory even higher. This is all 6 months after over a billion dollars of share but backs that JP Morgan managed for BBBYQ? Buybacks that JP Morgan set up a secret meeting with Goldman Sachs, Mark Tritton, and CFO Gustavo Arnal to cook the Bed Bath books to justify the buybacks? Did JP Morgan even do the share buy backs? I highly doubt it. Either way though, this is a massive RICO! And the Kirland and Ellis lawyer says it right at the beginning of chapter 11. Fast forward and the board gets sued for those share buy backs and what they did to bankrupt the company, but what happened before that? In March 2023 the executives Ryan Cohen elected to the board tapped the insurance to hire lawyers. I think this was to go after JP Morgan. It is not a coincidence that JP Morgan debanked DJT March 2024 right before its IPO and right before Trump's election. I also don't think it was a coincidence that Merril Lynch slipped one of their leases through without getting confirmed into the bankruptcy plan which I think delayed any sort of settlement. Is it a coincidence that JP Morgan was Jeffery Epstein's bank, or that Trump is now going after JPM for debanking DJT? It's all a massive RICO! Does this mean we are in the clear? I don't know. I think they will keep fighting like hell to not let this RICO go through because a lot of people will go down because of it. This is why we need everyone to know how important it is that it does go through. All companies are worth more dead than alive because of the incentive structure that is set up with big financial institutions able to counterfeit shares and sabotage the companies they are shorting so they never have to pay those borrowed shares back. Whether it is Washington Mutual Bank, First Republic or Signature Bank, this mafia bustout will just keep happening. It happened to #MMTLP, #BBIG, #AMC and many others, each with their unique variations but ultimately the same blue print. There is a reason Kathryn Reummler was the the one Jeffery Epstein was emailing the most and it is because she is a FINRA governor which is supposed to catch fraud like this. It's all connect and we have to make sure this Wall Street crime ring is taken out because we can't survive another dotcom or 2008 crash where the criminals get rich, companies died and everyone else loses a lot of money!

Michael A.M.E.

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