Rolling over gambling debts into a BAP basically lets the guy who was owed freeroll off the EV of others. I might take the same spot if I was Drexel too, but it is one of those things other investors should be pissed. More towards Jasep though. Drexel put up no hard cash to risk for some of the shares, giving septic a lower bankroll hurting chances of not going broke, yet stood to win off Jasep's profits. People can point fingers all day to switch around the whys, but it basically fucked over any legitimate investors by diluting the EV of their shares with nonexistant money.