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Gillyeeeee?
that explains it
They probably put her on a plane to Sweeden, or was it Switzerland?
Wish Ilenes could request audio check from the court!
me too. standing by.
Audio?
I think JMW was leading TPS to water. Wonder the impact of the TPS atty. rhetorically asking the question; where is Joe the security holder's name listed in the registration record? Where is his new security?
Is it similar to the mortgage title transfer situation that held up foreclosures? Does the deal need to be finalized first, before the automatic transfer event can legally occur? Why hasn't JPM to date done what the contract specifies? I might understand a month delay, but 2 years? Common, man.
Why don't these nut jobs buggout already.
He didn't get screwed...that's just bound to be the BS line.
Anyway, if this BS line was true, then couldn't he just go and tap that good ol' emergency fund for another $95B or so?
He//, why not just 'check in' with ol' Sheila. Bet she's got another bank she can 'seize' illegally.
Oh yes, that's right, the rules have changed. She can seize whatever the he// she wants now, without any obstacles.
Mabe she's leading the horse to water.
And the hits just keep comin'. Thanks for passing this gem along xoom!
sound?
hope someone's in the know.
whoa. interesting timing. i'm feeling 35% chance tps wins.
what did u see?
I bet it would be fair!
I have a competing plan too.
I don't like this plan. Try again.
I'm on cloud 9 if and when I'm counting the money while looking at it in my checking account.
Right!
Just watched Trading Places over the holiday with our kids.
Now I can see the po-ed Duke & Duke-ish politicians and bankers and lawyers screaming:
'Turn those machines back on! Turn those machines back on!'
You are absolutely right. I'm purely speculating. I'm just saying what if it is a certain US bank, and what if there is dirt? Only the key people involved know what may come out. If they know what will come out, and if it is proof, then a proactive move might be to try to make things right.
No one knows the bank in question. No one knows whether anything will actually surface. Imagine if it does.
If I'm JPM and FDIC and WGM I consider this strategy in light of incriminating documents that quite possibly may be exposed to the world:
Minimize the damage this blow will inflict.
The documents will reveal, IMO, if they pertain to the parties in this case, all the dasrardly things premeditated which harmed so many people once they were committed.
If even a hint of a scent of a trace remains, following the release from Wikileaks of this evidence should it involve these parties, that suggests they did it in part out of fear, which led to confusion, which led to crimes involving illegal seizure of property, then they still might be able to soften this devestating blow.
They currently still have the option to pay a fair price for the property seized to all of the holders of the various forms of stock, including commons. In the event they are 'turned inside out' they would be able to say 'in the end, despite the complexity of the situation, financially we made things right according to the spirit and letter of the law.'
I realize it does not make things right as harm was done that cannot be reversed. Some lost their lives literally. I'm just saying there exists an opportunity to save a little face, ease a lot of eyre, secure those releases, and factually state that an attempt to make things right from their perspective was made.
Continue the insanity, and you dig a deeper hole. When someone shines a light down in that dark hole exposing all there is for the world to see, what will they be able to say? That all depends.
Stay classy ilenes!
Thanks for the response. Good post.
There is an auction, and then there is an 'auction.'
There is bid rigging, and bid rigging = 'bid rigging.'
There is FC, and FC = 'FC.'
xoom and the board,
I know what I believe it means that SB used the term auction in quotes in this email to JD. I'm also aware of the date it was sent. Can anyone spell out for me what it proves? When was it the 'auction' was said to have taken place?
I am not yet aware of how this is incriminating. If it is, and I suspoect it might be, then taking out an ad for $5K would make sense to me.
Large Green,
How might delay, into 2011, affect the NOL situation? Might this void a portion of them depending on how long the delay continues? What is the cutoff date, if any, when NOLs for a given year may not be used to offset income?
gandalf,
Interesting thought on the examiner receiving an extension. I hope THJMW doesn't go this route, unless this is the only way for equity and all other options are exhausted. The ex. 'didn't have time' yet found time to rip equity a new one in the initial several paragraphs of the ER. I don't want this guy, unless it is a last resort and he pursues with a vengence the potential $30BB offense he stated was worth pursuing for equity.
Pay for the releases. Make things 'right' by paying for the solvent bank that was (nationalized?). End this circus amicably for all parties and the nation that lines the pockets. Revel in what was 'acquired' for relatively little at $30-?BB in settlement. That's what should be done if the court contines to ignore the relevance of accounting for assets.
AIMO.
EDIT: And no, 'settling' as suggested above does not make things right in the traditional sense. It would not IMO balance out what was really done to the nation, let alone shareholders. It is at a minimum what should be done, IMO.
You make it very clear. In limbo no doubt. I wonder if a trial even occurs.
Thanks mattchew.
mattchew,
Do the assets listed by BR include the SJ $4BB? I honestly don't know. For that matter, do they include the tax returns?
Specifically, does anyone know what BR's assets consist of?
Hope your recovery is swift. You are needed here!
I know what I'll be watching with the kids tonight! After I give them the WAMU update that is.
You gotta love that character!
mattchew,
If I had that list I'd have passed it off to SS pronto, just like you would've! EOM
Hello. Mr. Crabs here...and I like Money!
Do we have anyone in court today that could give us their take on JMW's demeanor?
You got that right. I'm comatose. Haven't even had any turkey yet. Haven't even seen the Lions game yet.
A settlement would take me out of it though.
...'It was factored into what we owe at some level'
Based on whose numbers? BR's...I don't know what his numbers stand for, does anyone really?
Anywho, I thought the MARTA claim issue was placed by the wayside, as in not factored in to any numbers, until the actual value of the claim could be ascertained, if necessary. Wasn't it cut down from approx. $40BB - $50BB to potentially only $10BB?