Quote:
Originally Posted by G1911
That will never happen  . As I recall, these hypotheticals were raised so much in the thread that a speculative statement became read by the ML fanboys desperate to defend them for any reason as an actual fact. I still find it extremely dubious that they would be ordered, via the world's most unique insurance policies, or insurance company decisions that surely violate the actual contract that absolutely does not require this method of valuation, or the police, to host a fraudulent auction that is illegal under state law and then also would never point to that to justify their course in their announcements. We all know, very obviously, that this was not the only valid play from a legal standpoint. Running fake fraudulent auctions illegal under state law was not the only thing they could have done. |
I'm not saying they were "ordered" to run the auction by the insurance company or that the contract required it. What I am saying is that I can well envision a scenario where ML discussed its predicament with its insurer, and the insurer advised that as a practical matter, it would be much easier and cleaner for all concerned if it let the auction continue to establish valuation benchmarks. And perhaps ML agreed and followed that recommendation. IMO that does not make them dishonest, nor does having that opinion make ME dishonest or a ML fanboy (I most definitely am not). I am fine if you disagree, I am not fine with you denigrating everyone who disagrees with you as dishonest, and you really don't need to go there to make your points. This is a complex situation as to which people can reasonably differ.
As for the police, I just don't know, not my area, but my opinion does not depend one way or another on that aspect.