Rejection letters from financial institutions

Many note holders (of mini bonds, high notes, pinnacle notes, jubilee notes) are getting rejection letters from the financial institutions.  They are disappointed. They wish to take legal action. 

I am getting e-mails from these investors. It is quite discouraging to see so many people who are disappointed with the decision of the financial institutions.

Here is a comment:

The most insulting part is that we all got form letters, and not even one word of explanation was given. That is why the XXX brand stand for, cruelty and arrogance. No one in my family and no one that came after me will even bank with this brand.