Aurleious is rescheduled, but Appalossa as of now is still on...

I don't know if anyone else has ever been through a depostion?

I personally experienced one several years ago and it was no cake walk. When I did my depo the attorneys had cameras from every angle and huge spot lights all around. It was a very small room and they had the air condition on 60 degrees it was ice cold in the room plus around 15 people with note pads taking notes and shttt.

Good Luck Hedgies with your depos, I'm sure yours will be alot easier not!!!

We as equity will know today if the hedge masters deposition will proceed tomorrow or delayed. Either course will tell us something... If the depostions are delayed, I think this would be a good sign for equity as to possibly working on a deal with the hedge monkeys. If depos proceed tomorrow with the master of the monkeys going first and taking a major risk, possible leakage of wrong doing leading to possible jail time... I can't see any hedge monkey wanting to risk it all especially jail time... I personally do not see the depos proceeding, but hey I could be wrong. Hedgies and Hedge firms are on the spot light right now with so many going down... If you have a chance to work a deal out without risking one of your colleagues being deposed and making one stupid mistake on the stand or just flat out admitting is alot to risk.... Good Luck to us All...

Catz... your observation could be right, but it is also possible that Steinburg was aware of discussions between preferreds and equity in regards to offering them something more than nothing which lead him to want the judge to grant him mediation.... mediation can come in all kinds of forms, a legal mediation with a professional mediator or possibly discussions between preferred, equity attorneys discussing with debtors in regards to negotiating a settlement amount agreeable to all parties. Anyone of these scenarios could be what Steinburg was talking about... I'm just saying it could be what your thinking or what others got out of that particular discussion that day during the hearing.

WithCatz... I have alot of respect for you and your interpretations are typically right, but Steinburg during his dialague with Judge Mary stated very specific that he felt that the preferreds and equity were mediating for something more than nothing... So from that comment he made right before Judge Mary cut him off doesnt make sense with your observations.

What does Aurilous have to do with the mediation between the debtors and LTW's? I don't understand why they would want to be involved.... any help would be appreciated.

Why did EC agree or changed the depo set up for tomorrow with Owl Creek until April 28th? Got be a good reason....

ilene... Thanks for all the updates from court... Very Very helpful to see and hear what is said amongst all the players...

Judge mary approves aurleious to the mediation table... Judge says it's better to let them through the door sooner better than later....

did the judge just ask asheby from equity committee what the thought?

William... keep the posting coming... Your posting have helped me at times that I'm at my lowest point. NJ just likes looking at the glass half empty most of the times....

uzual... thanks for posting the info on Susman Team... Looks like almost all there cases worked out a settlement....

In poker you act confident as if you have something solid or you bluff and have nothing... This exactly what is going on right here... nobody really knows and one can only speculate either way... I'm just hoping the silence and poker face means they got the solid hand... we shall know soon...

Rockie... I second that!!!! worn out but not selling till the end...

William48... I'm just hoping that Susman doesnt hold a poker hand with nothing.... I do hope it's a solid hand such as a flush, straight, or pair of aces...

venom1... thanks for that.... this silence and hold mess is just exhausting....

Extreme Silence by Susman Team is alarming..... the mystery is alarming for debtors, SNH or equity??

William48 thanks for that break down, I needed that after seeing my shares go down as low as $13....

Man it's so calm here on this board, susman team, tps, LTW's, blackhorse that it's like being lost in Sea. Scary thought to be lost in sea with the unknown of a major storm that might wipe you out or drifting into a paradise island. I hope it's locating a paradise island....

So have the shoes been shipped to Macy's and all the high profile stores yet?

thanks Strike for getting the shareholders word on the street....

I suppose investors are moving investments around... Nothing really going on around here for now...

What do you think would have happened to the share value of WAMU equity classes if Rosen would have shown a scenario that equity was in the money taking the FJR into consideration.

My guess is that you would have seen an upward swing in all classes if this would have been disclosed in the revised DS.

Is it possible that Rosen explained this to JMW as to why not to disclose this example, as to the possibility to get a possible false lift off of each equity class.

Is it possible that the Susman team, TPS, Blackhorse was presented a possible scenario as to not tip off retailers. (explains the silence or no objections)

Or is it just possible the Snake Rosen is just again did as he pleases and basically not pay any attention to what JMW or the court recommended during the hearing on March 21, 2011.

Anybody else have any possible scenarios???

Thanks!!!

William 48... Thanks for your perspective and I concur with you sir...

Blackhorse made the biggest noise this past hearing, if you were in the outside looking in, I guess you would make a lot of noise. Susman team is sitting on the bomb with control of the insider trading investigation. They may have some major ammo as to their silence and calm presents.... IMHO

If things were all Rosey in Camp Rosey then why go after PJS executive depositions... Rosey camp fear something and they can't get there hands on.... It's driving them crazy and he is looking to probe what ever information he can get.

STRIKE EAGLE.... I agree something is going to be unleashed, something big....

NASCOW... So true... I have heard that it's extremely difficult to have a POR denied once but twice would more than likely be a miracle...

I'm hoping that they disclose a true global settlement before the hearing....

There is know way that the judge could have read over 1000 pages and then come to the conclusion to approve the DS... NO way in hell.... She strictly approved this DS based off NO objections from Susman, Equity, TPS, Blackhorse, LTW's.. All the major objectors did not object and as some has said signed off to the DS.... This is the only reason why Judge Mary approved this DS to Confirmation. So ask your self this very question why were there NO objections from all the major players that objected last time.....

Yanik... I am also considering going to Delaware this time around. Hope to meet you and hopefully have the opportunity to meet all the shareholders that attend the hearing.

I must tell you that your speculations are exactly how I feel things are going down... Some people are good at writing objections, others are good with numbers and some have a great presents at each and every hearing.

The one thing that I'm good at is reading, and listening to peoples actions and reading through the lines. I must tell you that I know what I heard, and I also heard the Judge cut off the LTW attorney as to not spill the beans or let out what's not public.... Plus the equity committee attorneys silence spoke volumes... You can add the cry in Rosen's voice about the PJS valuations. Things are heating up and this is all a stage you can count on it. Look at the H's dropping off a cliff, why? aren't they going to own WMMRC? To many signals in the air that don't add up....

Somethings going down and I feel it's good for equity... I can't guarantee you exactly what we will get but i have confidence that it will be life changing for those that ride the storm.

I"m locked, loaded and waiting for the GOLD!!!!! CYA in Delaware then Vegas my man....

Chief... I heard the same broken record last time... the POR will be approve and guess what it didn't. If you want to be a indian instead of a Chief go ahead but don't forget this conversation....

I heard for myself at the last hearing that the LTW attorney stated that the Debtors was in mediation with TPS and equity. He said they were mediating for something more than nothing. There is shtt going on behind closed doors..... Equity has been way to low key, at the hearing, no objection to the revised DS, come on the writing is on the wall... They have something or they are talking settlement!!!

You have to have balls of steel to keep your eye on the prize, and the prize can be life changing. Believe in your team, believe in all the hidden signals given to us. You have to keep the faith or you will be left out in the cold.... I still believe and will not sale one share!!!! Till the End.....

Ask your self this very question... Why did Susman team, TPS, Blackhorse, LTW's not object to the disclosure statement???? Something is up and I can't but my finger on it.... If equity was all freaked out about getting this one step closer to losing it all, why would they not object... it doesn't add up... IMO there is something going on behind the scenes that shareholders are not able to see....

I think that SNH might be selling H's before things are heating up with allegations, or maybe cause they know they will not be owning WMMRC anymore. They were not in it for a $34 dollar payoff, they were in it to own the company that comes out of Bk...

Why haven't the Susman Team, TPS, Blackhorse, LTW's file an objection to the revised DS?

gophilipgo... Thats a good agrument, but Susman team never even asked the judge to depose Blackstone. Don is stating that he thinks Judge Mary will approve the deposition of PJS executive.So why wouldn't client privlege work for equity...

Welcome back pigfarmer... Pigs will be flying soon!!

Seems to me that Judge Mary asked for specific changes to the DS which were not changed by the debtors. So my guess would be that Judge Mary would not approve the DS until everything was satisfied. What's got me scratching my head again is that equity nor anyone else has objected and has somewhat ok the revised DS. What about the shareholders that objected to the DS would they not object to the revised DS? It seems as though Judge Mary doesn't want to go into having a hearing for the POR until it has a better chance of being approved. Not sure what's up...

Fssh.... Thanks for the response. I guess my question now is why hasn't the Susman team deposed Blackstone to seek valuation holes.

Don, So do you see Judge Mary approving the request for deposition of PJS executive????