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Would RICO be a possibility for the estate to receive if any "shenanigans" are brought forth and proven?
Who is our "LTI representation"? Is it LTI equity representation's job to see that "book value" is paid and comes to the estate?
My guess is, all the Washington Mutual real estate, alone, was worth what JPM paid for at the reported WM seizure "fire sale" price. I sure hope it is ruled that JPM pays book value to the estate for that, too. Wouldn't that be a legal requirement?
So who has been representing equity sense Susman's firm left? Anybody?
What good does that do for equity if he's not really trying to help them?
If Rosen is that bad, why does he represent any of WM interests?
How can what Alice is doing help escrows?
Maybe President Trump will encourage a review of the WM seizure and the aftermath. Wouldn't that be interesting?
Good deal. I didn't know that. I thought Rosen represented equity.
Does anybody feel secure in knowing Rosen fought "tooth and nails" for equity's best interests? If it's proven that he didn't, will he be exposed and reprimanded? My hope is, that he is strategically keeping any talk in BK court of potential assets for equity quiet. So it doesn't effect post BK distributions of safe harbor assets to escrows. Is that conceivable that he's really trying to help equity in the "big picture"? Is that just wishful thinking?
What's with the $36 billion? Is Alice claiming that's what been accounted for that belongs to equity?
Wow, that's a powerful response by Alice. I don't see how this can be dodged by the court. Maybe she should have been our attorney.
With so many skeptical of Rosen, how'd he keep his job representing WM shareholders interests?
Somebody, please educate me briefly on how some Washington Mutual assets managed to be in safe harbor, avoiding the seizure and immune from bankruptcy. The assets, WE HOPE, are sitting there for escrows. Are those safe hobor assets what's likely "under seal" to keep out of BK's reach.
Whatever is "under seal" needs to be revealed, eventually. What all needs to happen before it can be revealed? It must be something very significant. Surely, something that important didn't just go away and was expected to be forgotten. Does Rosen have anything to do with whatever is "under seal"? Is there any possibilty he could have manipulated anything that was supposed to be "under seal" ?
Is Alice, possibly, doing a comparable service for escrows to what Nate Thoma did for WM shareholders?
lodas or anyone, can something "under seal" be overturned by a court order and revealed openly?
So Alice's hearing could open "Pandora's Box" as far as the silence regarding retained assets? If so, I'd appreciate lodas, or anyone, explaining, how so.
Will Barr investigate the entire Washington Mutual seizure? As well as the aftermath.
Would Barr actually look into any misgivings?
How would the releases apply to going to court to request an audit of JPM's and FDIC's books on this matter, if need?
Wonder how Rosen would reply to tanjazielman's post. It looks pretty telling to me.
We definitely could have used much more compassionate communication over the years.
So Judge Walrath actually implied that there is 10 Billion in a Living Trust with escrows being the beneficiaries?
How many of you would have signed the releases knowing that 10 years would pass by with still no distribution or even definitive communication regarding escrows?
lodas, how do you feel about escrows chances of getting substantial compensation for their markers
Do escrows marker holders have a respectable law firm looking out for their best interest? If not, why not? I'd think they'd work on a contingency basis with so much money possibly at stake. Escrows need a "watch dog" making sure their legal rights are being looked out for. And they get what they are entitled to.
Don't any "hedgies" ever get old?
Does Alice's recent court actions benefit escrows holders in any way?
How many of you escrow holders believe Large Green's Holy Grail/Follow The Big Money Players theory has merit? I still am trying to figure out why the hedge funds involved haven't "raised any hell" about not getting their money after such a long time.
Who would control the assets outside of WMILT? Would it be A and M? Would Rosen have anything to do with controlling those assets?
Large Green, maybe a more practical question would be, where is "fair and reasonable" after all these years of waiting for it?
Boris, what the hell did Susman's world class law firm do for us? Isn't their efforts what, supposedly,led the the "Fair and Reasonable" claim? Why isn't Susman accountable for the inactivity regarding escrows after all this time? His law firm should stand up for us if any possible improprieties have happened. Their pride should bring them back to make sure things they agreed to are being implemented. Isn't that their duty to defend their honor and the people they represented?
Best to you lodas. Yes, our sight is precious. For me, reading is a hassle without my glasses.
Can escrows benefit from what Alice is doing?
Don't think I can. Maybe the estate, thru Susman, can, if some possible improprieties have occurred. Didn't he use to represent us in getting the, so-called, "Fair and Reasonable"? Wouldn't he be concerned if his work is mishandled, legally?
Maybe Susman and his crew would be interested in looking into some things. Looks like there may need to be some "cleaning up" done.
Somebody, please tell me what Alice is claiming.
Then Judge Walrath needs to be asked to specify what she meant by that. Because it's not apparent. At least not to this person who signed the release and got escrows. Been waiting a long time for "Fair and Reasonable". Who drew up the plan that Walrath declared "Fair and Reasonable"? They should have an idea of what she based that statement on. They should be asked.