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And besides all that,the only person who has confirmed attendance is our darling Ilenes,who I am sure looks better in her own clothing rather than a XXXL T-shirt.....
That's all true,plus remember the crack about "you equity committee guys costing us(debtors)a million dollars a month"(or was it $1 million a DAY???I don't recall exactly.......
correct, and WithCatz was correct too.......This is far from over INHO.......
Then we have a hearing scheduled on Feb.8th........
Perhaps nothing will happen until the hearing on the 8th???Ilenes will be there giving the color commentary!!!
Thanks....I think he's the most evil of the whole bunch of crooks...A big phony!!!!
As usual,no big deal.....he was on his soapbox saying how great things are,his opinions on the US Government,how much he wants to invest all the cash that JPMC is sitting on,blah,blah,blah..
Of course,all in his usual condescending and arrogant style......The only thing that makes me sicker is CNBC's David Faber licking Dimon's you know what...Ughh
Nothing about the theft of WAMU nor his GF Shiela!!!!
Dimon on CNBC right now!!!!
Really???When this this happen??It still comes across the CNBC ticker with a German flag next to it!!!
I've thought much about dropping the TH in THJMW United,but I've decided to wait "for the fat lady to sing"!!!!
If in the end she defrauds us,I'll be dropping a lot more concerning her!!I'm still holding out that she'll "do the right thing"!!!GLTYA
And BankUnited just came back to life with about 1 billion from Private Equity and is now listed on the NYSE.....$I billion for 70 effen branches....do the math and figure out what WAMU shareholders could have gone down this route!!!
Poor Shiela lost $5.7 billion on Bank United,and it happened in May 2009,well after WAMU...I guess she learned her lesson,again,too little,too late!!!!!LOL
And the "CURRENT"Treasury secretary???What a joke???What about Paulson???(Oh,I forgot,he's ex-Goldman Sachs so he's "too big to touch"!!!!LOL
What a farce!!!!!
5 hours into Frankfurt and only ONE trade of 96,000 shares..we're down to 0.041 euro too!!!
A few more trades on the Xetra,but nothing to brag about(+/- 300,000)LOL!!!!
I agree...too little,too late!!!And I highly doubt it will influence Rosen,Fdic,Dimon,THMJW or anybody else...
Maybe Susman and Nelson can pry something meaningful from it to use in court,but I really doubt it..
AINMHO
Xetra +7.3% @0.044 euros with 1.2 million shares;Frankfurt flat @ 0.043 with 1.7 million shares
Oh Boy,this is getting complicated.......Makes me think we are going to be here for another couple of years(at least!!!!).......All INMHO.....
Don,could you please elaborate on your comment:"the NOL'S are attached to the shareholders,you can't have them without them"........
I don't understand this point exactly(as well,I'm sure as others here)and it certainly sounds very important towards any chances of success for us.TIA
Nope....not a once!!!!!
I just wrote(email) to CNBC Squawk Box to ask if they will ask David Tepper of Appaloosa what he thinks about possibly being deposed by EC lawyers re-WAMU.....I doubt Kernen will pose the question,LOL!!!!!
Makes me sick just listening to the guy for the past 40 minutes,and he's not finished yet!!!!
At least there was a code of honor in the Brooklyn housing projects when I lived there!!!!LOL
Joe,you're doing a GREAT job on the color commentary since I can't listen in.....keep up the good work..TIA
I hope you're right JMac9,I really do!!!
I just made some popcorn,but I saved another bag for Feburary 8th too!!!!
OK,before uzual scolds us(in the best way) ,we need to keep the comments to an absolute minimum to be able to figure out what's going on in court..
Good Luck Everybody and special thanks to ilenes and anyone else in attendance!!!!
Let's rock'n'roll...........
Read my post again...I said the ARTICLE made us look bad,hence,made our EC look like grabbing at straws...I have NO idea what SG might have up their sleeve(and neither does anybody else here,apparently).
Did anyone,and I mean anyone on this board predict that our EC's first big move would be to go after hedge-fund insider trading instead of FDIC/JPMC collusion,etc,etc????
He looked OK at the State dinner for the Chinese President last night at the White House,LOL!!!!
After reading it twice,it makes(INMHO)our position look really bad too!!!Is this the only thing our EC/SG can come up with??
Certainly doesn't look like the smoking gun we've always talked about....I know it's only a crap article,but it makes us look like our EC is grabbing at straws or trying to catch falling knives and not going after the bigger prize!!
Where's the $33 billion for starters????
Hence the "LOL" at the end of my message...sarcasam......
Yeah....I would keep a lid on all the euphoria here in the past hour........never a basher,but this could be a "Hail Mary" pass from the EC???
Opinions????...or,where are JW and NJ when we need them???LOL
I agree....and even with all of our DD,the press reports always come out highlighting other issues rather than the ones this board has raised.....Not complaining;don't get me wrong..there is some amazing research,effort and DD here;it's just that a good percentage seems irrelevant regarding what's important to the judge,debtors and our EC.....
No rant Chris....you raise some very serious questions and doubts !!!Many Thanks.....
Thanks very much.....Some here would lead one to believe that the EC(or any other interested party) would have to wait until Feb.1 to file another POR........I think it's very important
Thanks Gmenfan..I don't know how I missed it;I'm one of those sickies that reads ALL the posts!!!!
Catz,I agree with you,but ,for example,does the EC(or any other party)have the right after 1/31 to file a competing POR or not???
Don,any idea what role the US Trustee has to play at this point??TIA
Many thanks Cat...lesson learned........
Thanks gys......I'm just more relaxed knowing that even the reporter is saying that this is taking really long for a BK case!!!
I have full trust in the SG team and Willingham...I just can't see them throwing the towel in at this point!!!
It still made me break out into (a slight) sweat!!! I'm much better now,thks!!!!!!
It also(the podcast)makes it sound like it ain't going to be exactly "easy" for Rosen to cross some T's and dot some I's to save this POR/GSA!!!
The only thing that concerned me about the podcast is the comment about the Judge not cowtowing to "vulture"debtholders who bought the debt at a big discount........makes me think of someone(moi!!!)who bought shares at a big discount.....
I swear I'm not trying to open the pre/post seizure debate before everyone jumps on me!!!LOL
It just gave me pause...........
Then it makes sense.....Nelson's presentation is dated December 7th,2010.......
Do you recall if it was a recent confirmation hearing??In December 2010???TIA