Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It's a piece of art. Love it. eom
She might just be on vacation.
Are these depositions held publicly?
Even if they are - a flight to NYC would cost me roughly 800 Ks or 5000 Us. So i rather watch this from home.
And I was wondering what Nelson Mandela is gonna do with it...
Conclusion
Because the FDIC is not entitled to judgment as a matter of law, its motion for summary
judgment is DENIED. The factual findings made in this Order are deemed established for the
purposes of this adversary proceeding as provided by Fed. R. Civ. P. 56(d)(1) and Fed. R. Bankr.
Thats awesome! Thanks, Mordecai. You are an asset to this board.
That could be BR's first official defeat in court.
I think this motion* qualifies for "testing the courts patience."
*EDIT: The underlying motion that is.
Yes, but why? Why give up the tax refund and throw in the VISA shares as well?
I call that embezzlement and fraudulent breach of trust.
Half a million shares after the bell on a slow day?
Interesting...
Susman is paid by the estate i reckon. Remember the hassle about the expenses the EC might generate?
Willingham will have his own expenses though (travel etc.).
AT&T wants something protected, JPM doesnt. Therefore i am guessing that this motion doesnt affect us. If this were about WMI assets then JPM would have chimed in regarding the filing under seal.
imho
AT&T dont want JPM to disclose their contracts (contracts between AT&T and JPM) to the debtors.
Thats how i read this motion.
Maybe they are just concerned about the conditions they offered to JPM in these contracts. Competitors might have a field day with this kind of information whether its the pricing AT&T offered or maybe anti-trust issues arising from these contracts.
imho
Thanks, Uz! It is indeed mentioned in the last JPM filing.
Rosen has filed a motion for consolidated discovery meaning he should be the point in all discovery.
I suggest you take this one as a draft. Its the best objection i have seen so far.
Definitely a good read. Thx 4 posting.
The full link: http://www.kccllc.net/documents/0812229/0812229100525000000000029.pdf
edit: sorry, cant post the Link correctly. Just copy & paste.
The news are the icing on the cake today. Im having à glass of Laphroaig to celebrate this...
I hope its a "billion" dollar question. =)
Awesome! Things heating up. eom
Because we have learned it the hard way.
Do you have that saying in english about being on high seas or in front of the court is being in gods hands?
This is one those moments the saying refers to.
If i remember it correctly the EC has requested to shorten the time for objections. this matter is to be heard on june 3rd. That would be D-Day. Yes or No on June 3rd.
Imho
If this proposed order is signed by THJMW then the EC will be invited to serious negotiations with JPM.
Boy, Susman and his partners really worked their @$$e$ off on this motion. Looks like they were doing overtime from day one. And they were quick if you ask me. This filing made my day.
I believe we are in good hands.
Im on page 11 but it made my day already.
That is truly awesome! Thats the spirit i wanted to see: Appealing the order of denying the examiner. Nice one, EC!
Thx 4 posting, uzual!
Why would the FDIC agree to a settlement proposal that cuts its portion of the tax refund?
GS shorting wamu is really old news:
http://money.cnn.com/2008/04/15/news/companies/boyd_goldman.fortune/index.htm
They were shorting wamu despite the fact that wamu has been their client.
How sick is that?
And the buys are coming in! Go Wamu!
EDIT: Well, one at least...LOL!
Go WaMu!
I dare say the POR is dead in the water.
Rosen's proposed settlement made a sound today: *Poof*
Now they have to talk with the EC because the EC has taken over control. They know we will boot the current BOD - and WGM with them.
First buys. Because of Susman attending? =)
I just cant imagine that Bienenstock talks (or writes) like that.
D&L might be conflicted but i think that email is made up.
With the emails that surfaced because of the PSI hearings we should have enough ammo for the litigation claims.
Collaboration and collusion allover it. FDIC and JPM shall pay dearly.
And at page 8:
The litigation claims, which Venable investigated, are estimated in the tens of billions of dollars...
This getting crazier by the day! I cannot believe the email exchange between Reich (OTS) and Bair (FDIC). It looks like she is the one who shafted WaMu.
The bank also set aside another $2.3 billion in addition litigation reserves amid fierce legal battles over faulty mortgages and a pitched battle with Washington Mutual bondholders over the company’s remnants.
That stunt - getting WaMu on the cheap - took some serious time to be pulled off. Dont expect to unravel these wrongdoings in half a years time. Kirsten Grind is nominated for the Pulitzer Price! This is getting better by the day and it is more than we could have asked for. Usually those things are swept under the rugs, wont happen here. Its too late for that.
Its getting ugly for JPMC.
We've got that email (Banco Santander saying they wont compete with JPMC in the US market) and we got the decision (Banco Santander declining to buy WaMu).
I call that collusion.