Good One!!!LOL...EOM

As outrageous as this is,looks like the Old GM got a big discount compared to the "rape and pillage" billings the WAMU estate is getting from WGM........

And all this time I thought DD meant "Dead Dog"!!!!(Oh.........and that space-junk didn't hit anything or anyone either....That must mean we are going to get a big pay-out on WAMUQ!!!!!)

Perhaps not......they hired Partnoy before mediation ever came up,no???

But you think she picks up on the old GM over-billing too,given it's the same stinking law firm???

Dirty Rotten Scoundrels...all of them!!!!I wonder if the LIBR will take notice of these flagrant over-billings???

Many Thanks...EOM

Great news...truly great news......Professor Partnoy eats hedge funds for breakfast!!!!AINMVHO

Does anybody have any statistics or ideas how "mediated" BK cases turn out usually in Delaware??

I know this,WAMU,is a very special case,but it would be nice to know that if mediators are appointed,do they usually come to a settlement,or just fall apart like our first attempt at settlement...

Just asking!!

No wonder the creditors are scared to have us hire him!!!GLTA

Gotta be the same dude,no????

"Portnoy's Complaint"???What is this for???And why are the creditors against it???TIA!!

More like a two-year low!!!Haven't seen these quotes since March/April 2009!!!(at the height of the financial crisis!!)...

I wish you were right,but all the big banks are down around 3% today,some even worse than JPMC....

JPMC stock at levels not seen since March 2009!!!Going to tough to get a stock swap out of them!!!

Thank you austin 01!!!!LOL

Yeah,but Kevin Starke is still "doubtful"........LOL!!!!!

Yep..I get the impression that little by little,the pressure is mounting,and in our favor,finally!!!!

I second the motion..no politics here...just WAMU stuff........Thanks Gmenfan

I was actually repling to the last political rant and the board advised me it had been deleted...Great Work Mods!!!!

Very well put tlo!!GLTY/eom

I'll go one step further........if the pot needed any stirring,SG and company would have been doing it already...

INMVHO,the only way we see some money here is two things:

1)THJMJW stays on the straight and narrow,and...

2)SG is able to "out-lawyer" Rosen and Co.......and that includes holding the sword of Damoscles over the hedgies heads....

Again,GLTY and write to your congressman.....see how that works out for you....I can't 'cause I'm an ex-pat and don't have representation.....(seriously)

Apologies VLV,but where have you been the past 3 years??Look back on the hundreds(or thousands) of posts where we have sent messages,almost spam-like,to hundreds of media outlets and reporters...

Remember all the stuff we sent to Glenn Beck,??to Charles What's His Face also from Fox???To Matt Taibbi from Rollingstone??

The truth is,the only traction we REALLy got was from the WSJ on the Nate Thoma article....See where that got us???

And what really cracks me up is that people associate this with Solyendra......(which will also be forgotten by the media within a couple of days too!!!).......

Forget the "Big Picture"!!!This case is going to be settled on the minutiae....again,AINMVHO

Start Stirring .........and GLTY

Excellent catch General!!!!!

LOL.......Maybe I should go around the corner to the betting parlour and see if they'll take odds on the mediator and by what date!!!Have a good weekend!!!

Fine..point(s)taken....I guess I'm just trying to be more optimistic on the time-line..

I'll take your input as "worst-case scenario" and hope myself for a speedier process.I can live with that!!

But don't you feel the parties are at least going through a short-list of potential mediator candidates,or will THJMHW shove one down their collective throats of her choosing????

After all,a good part of her reason for moving to mediation is to save time and money??

How will the parties look if they show up on the 7th,October saying they haven't done anything towards expediting mediation??RIA

I see a lot of matters being pushed to October 7th....Hmmmmmm...that's the same day THJMJW wants to have a status update on mediation!!!!Anyone???

Brilliant,and not too far off from what was said on the Bloomberg Pod-Cast yesterday....Many Thanks Catz!!!

I've been all over the Bloomberg TV web-site about 3 times,and I can't find it!!!Anybody????

I know it's early,but so far,post of the day..Let's hope at least some of the posters "get it"!!BTW,Do you agree with me that she has NOTHING to go after JPMC with during this BK case???(DC "may" be a different story).

Thanks Catz.......and I agree that closer to market time is better,although i must admit that it seems that most people may READ what you post,but damn few take the time to try and understand/absorb or learn from it.

BTW,not much action on the German markets......

I just wish everybody on this board would take the time to listen to the Bloomberg Radio piece posted 5 times yesterday.

The BK expert clearly states that Walrath has gone native,way out of line,but in OUR favor!!!

He even went as far to say that she risks getting run out of Delaware for actually denying TWO PORs!!!

Geeezzzz....what more do people need to to know for them to realize that the judge is against the hedgies and on our side as much as she legally can.....And as far as JPMC goes,since they are not accused of anything(in the BK case;DC may be a different story!!),then she has nothing to go after them for nor with.....

no minute mark,but it was towards the very end...Claw just answered my query anyway...Thks to all.....

Then what summary judgement was the fellow being interviewed referring to??TIA

Time for my "siesta"....usually when I wake up ,the stock is also way up,so let's hope we don't break any patterns today...back in an hour or less........

and please,let's not underestimate the talents of the SG team....eom

Trading and manipulation...what else is new??LOL

Great Stuff dm57....Thanks(EOM)

Can you at least elaborate a little more on the jist of the story??Was it directly linked to WAMU????

Link please???TIA