Wednesday, September 02, 2009 1:06:05 PM
Counter Claim Briefs due by JPM 14 Sept 2009
Which looks like WMI's counter claims will be heard in court on the 24th of Sept.
Thus, Many rulings coming in for WMI..
http://www.kccllc.net/documents/0812229/0812229090828000000000008.pdf
Which is an indication FDIC/JPM's appeal has been denied or will not be heard by Judge Sleet..
JPM is running out of time.. And.. Which is an indication that the parties are getting pushed to settle..
Lets hope that the order for briefs on counter claims which proves that the testimony has been heard, Discovery of JPM/FDIC has been received and now the judge will receive briefs and arguements then order a ruling for WMI to use as a part of the reorg plan to be issued to the court in October 2009.
Next: THJMW will order the award WMI a Monitary judgement from JPM.
Again, THe only reason why WMI is allowing JPM to delay is because JPM has not finished the auctioning of the TARP money Warants..
Getting closer... As for the PPS..
The MM's have been told to shake the Tree prior to settling..
If you do not hold the stock.. A future investor may not be able to get shares in the near future..
GTLY...
Go WAMU..
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