I have 28 years left to hold for either Carlito and Chuckie to return what they have stolen or 0. BB is highly reminiscent of the scam the both of them try to pull with LightSquared until they were exposed.
You will need to wait and see I guess, the following points make it pretty damn obvious Carlito is a c r 0 0 k
Given Carlito converted his equity stake into debt taking a so called blocking position in the senior subordinate notes only to turn everything over to Charlie Ergen and Dish Networks in an overnight session at his NY residence. According to Dish CFO Robert Olson in an interview the final price was:
"As we have discussed before, we were able to purchase the Blockbuster assets at a far lower price than their previous book value."
Carlito had previously stated that BB was his "worst investment ever" so he once again invested in BB only to take yet again another wash on his investment. I assume this would make BB both is his first and second worst investment ever.
Now, Carlito and Charlie Ergen had been exposed colluding on LightSquared where Carlito sold his debt to an entity created by Charlie Ergen for the sole purpose of purchasing the debt so to take control of the company.
Additionally, the BB senior notes which Carlito had taken a blocking stake in was supported by him in the first place with stipulations that were unrealistic given the state of BB at the time. These notes were designed with a single purpose that being to crush BB under the weight of that debt forcing it into BK at an accelerated rate.
Before the point Carlito revealed his blocking stake in BB he had also acquired a substantial stake in Netflix, both he and his son!
It is very clear that Carlito has orchestrated the accelerated demise and handover to Charlie Ergen of BB and by doing so has defrauded both debt holders and investors.