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what's this settlement Rosen was talking about at the beginning? the one he said only needed a bit of tweaking?? and that he'd be able to present at next week's hearing?? is it da one or just something minor?
thanks again.. i wanna hear it from her mouth haha
do you have the link? thx
yea same.. maybe that's when the live feed came back on..
is the hearing over? any one got mp3's #6 and onwards? (or do they exist?)
i hope the judge reads or has read this letter before the hearing today.. and keeps what it says in the back of her mind.. reminding her justice is really what this case is about.
stupid MM games
i just hope walrath confirms the EC today.. that itself would be a mini victory for the day.. and she could probably do it over the bench..
as we keep marching on ... when will they be fighting over the value of the assets 'sold'? i.e. providian, etc etc.. or are those simple things to deal with that will be decided as part of any settlement?
another month before venable can be our lawyers? too bad they can't deal with this this week or the hearing in early feb?
what does that really mean though? i.e. they have nothing to hide? or no choice but to fork out the info?
i think as long as judge W denies the motion to disband EC on thurs, then we'll be in good hands. joyce, the rest of the EC, the EC lawyers (venable?) will know what to do from that point onwards.
withdrawing? wth.
has some deal been reached such that the WMI lawyers aren't gonna go for the jugular?
its time for walrath to rule the 4 bil, either that or start giving us back assets.
i wonder if walrath will finally rule on the 4 billion.
its amazing how many people will listen to some guy quoted in an article. just cuz he's privileged enough to be 'interviewed' doesn't mean he calls the shots or is privy to all that is worldly.
i sure hope judge walrath makes her mark this Thursday.. it's time to smack everyone in the face and put everyone in their place.. no time wasting, no more 'frivolous' claims. she needs to put this train wreck on to some kind of track again so that hopefully we'll see resolution in the short term.
green in frankfurt to start this week!
i hope we get fdic/jpm onto their knees and willing to settle within the next couple months.. as patient as we have all been.. it's still frustrating.
short and to the point. i like how the UST came out stating they're in charge. gooo EC!
i think i missed something tonight.. where is it that judge W signed Cross as official EC attorney?
I wonder if it's too late for the witch Bair already.
She better beg her buddy Dimon to pay up soon or see her career go down the drain.
cramer was probably paid to talk his diatribe then.
yea what did he say? he pumping or bashing?
i hope sure hope so.. its gonna be fast and furious over the next few weeks. we have like 5 court dates within the next 6 weeks.
hopefully judge W stands up for the commoners.
DC has already thrown the ball back into her court. If Judge W can't make some decisions on the 28th.. then a) something is REALLy brewing behind the scenes or b) she is incompetent and doesn't mind letting this drag out forever.. for the sake of all.. i really hope it is a).. or better yet.. at 4:01 pm.. the lawyers present a settlement to the judge.
there's no hearing on jan 21st if that's what you're talking about.
there's no hearing on the 21st though?
ignore my lack of knowledge but what exactly does this mean for tomorrow - Jan 19th:
** Extension requested 1/15/10**
WMI reorganization plan due: end of exclusive period (Del)
how is tommorrow different from the final deadline for the re-org plan coming in March? and has anyone heard any word about these dates being postponed again?
well like some of you have mentioned jan 28th will be telling. 3 months since her ASAP for the $4 bil SJ. if anything she should confirm the existence of our EC. once again though, i find it curious that the hearing next week is at 4pm.. there won't be much time for either sides to talk much.. therefore, for the sake of getting this moving, it better be a ruling day.
maybe if judge W made some rulings, we'd be further along...
or is this all a smokescreen for settlement??
that sucks.. could be more delays....
i agree. does anyone know when their 29 bil in bonuses is suppose to be handed out?
he said 'don't hesitate to contact him'.. maybe we should all spam him.. too bad he didn't leave a phone number.
unreal indeed. i like how the media makes a big deal of jpm earnings or lack off today.. and yet totally glossed over the 29 billion dollar worth in salaries and bonuses they announced for their staff earlier this week (or last week?).. I can't remember. 29 billion dollars.. crazy.
i really can't see how we won't get paid in some respect.. there's no denying jpm schemed to take down wamu a long time ago.. and facts supporting this keep coming up. its too bad jpm shareholders might have to pay for dimon's greed one day..but that's justice.. and if justice still exists in this country.. we deserve it.
i wonder if jan 28 will just be a ruling day lol, where judge W just goes on for 1 hour ordering this and that. it better not be one of those take it under advisement useless hearings again.
i agree too. p's at the moment look safe to hold. i don't think there are many other stocks on the pinks that trade for $80.. we're just waiting for the next round of news and we'll be off to 30-50% of FV! :D
i guess diversifying into p's and k's was a good idea.. gives you somewhat of a piece of mind.. but at the same time.. go wamu commons!
probably some ridiculous 8 digit figure.