Regarding Peter Schiff comments:
1) he was obviously wrong when he stated above that he was suing the receiver in his “personal and professional capacity”. Martin , who also read the published lawsuit asked Peter why he made this inaccuracy on purpose but never got an answer from Peter
2: Peter, like most very wealthy men his age likely has a significant ego and is therefore sure that “because of the significant spotlight” now put on the receiver because of the lawsuit he “will likely speed up the liquidation “. I think Peter is terrible wrong here and the most likely case now is that the receiver will stall further as officially he “can’t initiate any liquidation while there is an ongoing lawsuit concerning the bank “
3: it is a shame that Peter always claims he doesn’t know what the current status is about the liquidation . He knows management of qenta intricately and could just call them . Of course Peter doesn’t reveal everything he knows !
4: it sounds fishy to me that Peter after 2.5 years “suddenly “ finds out that he could in fact sue Ocif in “his capacity as a shareholder and not as a director “. And even more that he decides to sue just a few weeks after the receiver announced (on October , 11th ) that initiating the liquidation was to happen “in the upcoming weeks “.
Don’t get me wrong . I admire Peter in many ways . But he doesn’t have 100% the same interest as the customers and he is a good sales man !
