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Jack, you are exactly correct I did say that but you are missing a vital important piece of this. That is JPM/FDIC threw Rosie and the Horsies under the bus as they NEVER planned on being deposed and yes I will say they did not do so on their OWN account. They were forced to and had NO CHOICE in the matter. Obviously, the Horsies (some) turned over evidence to Susman and may have ALMOST had a settlement. So, they did everything in their power to keep from being deposed and that is why I said when they were being deposed, there would be no way they would protect Rosie and JPM/FDIC.
I will still say you will see no objections from Susman made public as I repeatedly alluded to and you WILL NOT see a full blown Confirmation Hearing. Look at the facts, the Criminals have had a total blackout for almost three years and you think they are going to allow Susman to dissect all of their illegal dirty laundry in public? No way and you can take that to the bank! You will see some form of an agreement on or before 7/13/2011 unless they move the POR out which I highly doubt. There is NO WAY Rosie goes forward with POS POR 6+ without material changes positive to Equity because if Rosie went forward with the exact POS POR 6+ it is tantamount to bankruptcy fraud due to him being notified by Susman of WMI valuation by PJS/BOD and you can also take that to the bank!!!
What is so funny is that I would almost make a fairly large wager in that I agree wiht your eight ball. I will define settlement on or before 7/13. By that we will know if Equity is officially in the money and not cancelled as an actual settlement could be partial, whole or a combination with some form of litigation continuing after exit from chapter 11.
Surmising the date of 7/8-The dates seem to be aligning.
When Sheila Bair originally announced her departure, it was early June and this was announced I believe around the March/April time frame. Then recently (May) she announced that she would be leaving her post on July 8th, 2011. When most people announce they are leaving their position it is normally around the first of the month, the 15th of the month, the very end of the month, but the 8th of July to me seems strange. When one looks how Susman’s objections to the POS POR 6+ kept getting delayed and then finally filed but redacted in total seems to fall in line with Bair’s departure. All of the stars seem to be aligning to me. I just cannot see the Confirmation Hearing happening as most expect it. Once again the Criminals have kept this blacked out in total worldwide for almost three years, kept Susman’s objections from happening for numerous reasons and then we expect this to be discussed in total on 7/13. This will not happen or there would have been no reason to go to the extent the Criminals have to keep all of this from the public. What one will see, if any Confirmation Hearing at all will be an hour or two to formalize what was already agreed to.
http://reversemortgagedaily.com/2011/05/09/fdics-bair-to-depart-her-post-in-july/
When the Judge let TPS have access to the Equity Committee’s material, this put a dagger through the heart of Rosie, The Horsies and the rest. This was a clear shot that if they do not have an agreement that TPS will probably break this case wide open, thus exposing all of the Criminals and what actually happened in September of 2008. I knew POS POR 6+ was dead when Susman had hand delivered to Rosie and his alliances the valuation of WMI by PJS and BDO. There is no way Rosie will continue with POS POR 6+ without material changes, as I have said this is tantamount to bankruptcy fraud and there is no way Rosie is going down for any of these people. At the worst, he would pull WMI out of this so called Global Settlement. With the actions I have seen with Susman’s objections that kept getting delayed and then redacted in total, Sheila Bair twice announced departure and then final of 7/8/2011, Geithner’s potential departure soon and the date of 7/13 for the Confirmation Hearing that will only (IMHO) be a formality, this travesty is almost over.
I say almost over in terms of knowing that at least Equity WILL BE IN THE MONEY as opposed to being cancelled. It would seem that the Criminals all are planning on deep sixing this forever and in total. I WILL SAY this travesty will BE OVER between now and including 7/13 as far as knowing for sure that Equity WILL BE in the money. There are too many developments happening such as the recent decision for ANNICO to go after JPM and other very devastating actions that could actually blow this wide open and formally sink JPM. With Bair’s departure of Friday, Jul 8th, 2011, and the Confirmation Hearing slated for 7/13, it seems very apparent to me the stars have finally aligned. Really, when you look at the facts in front of us, the Criminals are down to VERY few choices if you are like me and feel that Rosie is NOT going to go ahead with this POS POR 6+ without material changes. This is due to him being FULLY informed of WMI’s assets more than once. Between now and 7/13, this will be very quiet, very few filings and will continue to look like NOTHING is happening and then one day between now and including 7/13, the huge announcement WILL BE MADE. Stay safe, enjoy the July 4th Holiday and above all, take care of the people fight to allow us our freedom!
PJS is Peter J. Solomon, a firm who specializes in valuation of organizations who need an evaluation of their assets/ liabilities and other. This firm has been working on WMI's (hopefully) total valuation pre/pos chapter 11 filing for about 15-16 months in total.
http://www.pjsolomon.com/
There is no way IMHO POS POR 6+ will go forward in its current form as Rosie is not that stupid to be officially committing bankruptcy fraud. He has been shown the valuation from PJS (assuming equity is not sold out) so without changing POR 6+ it would be the same as suicide. One of a couple things has to happen besides a potential delay, a new and improved POR, Rosie pulls WMI out of the G.S, Equity or someone submits a competing POR or the Horsies all agree to an agreement with Equity to take WMI out of chapter 11 with the New Company and continue litigation against the perps. You can take to the bank the POS POR 6+ will NOT go forward in its current form without changes and any change at this point would have to be Equity positive.
It was a filing showing that some of the Debtors legal team have been served with a copy of Kevin Anderson's PJS valuation of WMI.This would have been the second service of filing as Rosie got his one week ago last Friday,so they can no longer say they did not know of ALL of WMI assets so to continue with POS POR 6+ is tantamount to bankruptcy fraud. Rosie WILL NOT continue with this unless Equity is included or it is changed to reflect additional assets.
Cheech, what the document filed is service to the parties that PJS valuation had been finished and hand delivered to the parties stated and BDO has also had their professional opinion tabulated as well. What this means between the lines is PJS's valuation is what WMI had pre/post chapter 11 filing. This is officially notifying Rosie of ALL assets that WMI had and we know Rosie has sold, quit deeded, transferred assets that does not appear on any monthly operating report. Now that he has been notified of assets the Estate should have, he can NO LONGER use the technicality that he was not told or advised about these assets and to continue down this POS POR 6+ path IS bankruptcy fraud.
Rosie's G.S. & POS POR 6+ is cornered-Few choices left!
At this point in time regarding the history of this case which is fast coming upon three years, I would have bet almost anything that Rosie would have NEVER thought that he would be in this position he now finds himself. We have several possibilities of which cancelling Equity seems to be VERY slim, even with a VERY corrupt system along with a VERY slanted Judge. I love how Susman seems to be working around this Judge setting up the possibility that even Rosie will not follow through on and that is POS POR 6+ without changes positive to Equity. This recent filing to me makes it almost impossible for Rosie to continue without committing absolute bankruptcy fraud. Now Weasel/Gotcha/Mangle have been officially notified well enough before attempting POS POR 6+ confirmation that MORE/OTHER assets that belong to the Estate have been found. I will not even talk value here, although there has to be SOME value with the NEW evidence called Estate assets.
http://www.kccllc.net/documents/0812229/...
Susman has also set Weasel/Gotcha/Mangle up for multi billions in malpractice lawsuits, misrepresenting Equity, failing at fiduciary responsibility, coercion and many more illegalities to numerous to mention. These documents have not only been served on Rosie but also on his co-conspirators like E&Y, who cannot say these newly found assets/evidence does NOT change the makeup and value of POR 6+. With all of this being served, there is no way people like E&Y will even try to rationalize newly found evidence is worthless and hiding behind only Rosie’s numbers is also illegal now that they too have been informed well in advance of the Confirmation Hearings on 7/13/2011 or later. I have said before several times after blacking all of this corruption out worldwide for almost three years, there is no way the Confirmation Hearings will happen on 7/13 without Equity included or later and have all of this corruption exposed. Not to mention if Rosie tries to push this ahead with NO changes, then this becomes immediate bankruptcy fraud and if the Judge allows since the court has also been informed of the newly found evidence, then she too should be taken down as an accomplice to these crimes against the very people who owns/owned WMI equities.
This travesty is fast narrowing down to what the criminal’s choices have left. If JPM/FDIC still want to throw Rosie and the Hedgies under the bus, then Rosie will have to pull WMI out of the G.S. Rosie could also try to buddy up with Susman, but you can bet that will not happen unless Rosie pulls WMI out of the G.S. immediately. Without changes to POS POR 6+, you can be GUARANTEED of one thing and that is POS POR 6+ CANNOT and WILL NOT go any further without changes. To do so would be tantamount to bankruptcy fraud and more. Many people I think have forgotten that JPM/FDIC COULD be working around Rosie and directly with Equity with Rosie being told by his boss JPM to let them handle the inside details and to be available when JPM/FDIC/Equity come to an agreement of some form. There are several possibilities but cancelling Equity is fast becoming an almost impossibility especially with TPS entering the fray with Equity who has NOT signed a confidentiality agreement with the criminals like Equity had to. This means all Equity has to do is hand TPS some vital tidbits and details that could end up as news in some major journals, thus forcing them to capitulate. There is one thing you can be assured of and that is Rosie will protect himself at all costs, even if that means Equity is in the money!
Treasury Secretary assuming Dimon is in the running. This country is really showing it's UGLY colors...from tax cheat to bankrobber!!!
Viva, do NOT forget if you believe Susman has the Horsies on insider trading; Susman also has effective 6/29/2011 the Horsies on PERJURY...my, my, my, I love that word!This means multiple crimes within these chapter 11 cases that I do not even think Walrath could approve without worrying about BIG BERTHA herself!
Perjury trap was planted! Delay or deal by 1200 midnight eastern on 7/1/2011.
Most people read today entirely wrong as things did not happen that MOST wanted to see. Drama, handcuffs and more would have been nice but not reality in this court. Like a magician, do not look at what the magician wants you to look at because the magician is creating a diversion. Look at what our side did or did not do and focus on the results of today. There is no way Susman was/is going to show a vital card (s) during an Omnibus leading up to the important dates. Keep in mind I did not think May 13th (Susman’s original objections due)would happen and I do not think the criminals will let Susman show his objections on 7/1 without either a delay or some kind of deal. These criminals have spent three years covering, hiding, corrupting, slandering and libeling to keep this out of ALL WORLD news outlets. They have even had the reporting at each important hearing slanted much to the criminals side. These are important actions to not lose sight of. We will continue to see posturing by both sides.
So for today, many people think nothing happened and they think either Susman is incompetent, lazy or worse, paid off. I have NEVER sensed this with Susman as I did with the examiner and have NEVER sensed he did NOT have a plan. With most successes in life, timing and execution play very important roles and the same applies as to why Susman did not have certain players on board until it was time. He did not want to show any more than one has to. I feel the main event today was to get all of the Horsies on board for perjury and that was accomplished multiple times. I still say insider trading is easy to prove and contrary to what most will have you believe. With discovery approved for Susman, all he needed was dates, times, trades and where were you when?
I have no doubts he has this and now if we make it to the Confirmation hearing without Equity (I say no way), all Susman has to show is some of this evidence and yes folks he does have it. That would mean perjury on top of insider trading which would solidify Walrath NOT being able to approve the POR. Keep in mind, by Susman making this move today and playing dumb as a fox; he may have forced the criminals into committing another crime called perjury. If you do not believe this or believe he has sold us out, then you should have sold a long time ago and/or should do so now. Something very, very large is in the making and for one I have no doubt it is my brokerage account, so never mind the magicians as the real tricks have been quietly executed and are in place.
Continuity, I am not necessary talking about just valuation. I am talking about assets that have not been shown anywhere during these chapter 11 cases. We know Rosie has quit deeded properties, ignored others, not shown most of any of the properties they wanted to steal. Let me use this for example, I say we has three subsidiaries that you have not shown or listed during this case and I have shown proof they are WMI’s and have value. Rosie either has to show these and include some form of value or IMHO, that is hiding and not bringing the value to the Estate which is bankruptcy fraud.
4 Horsies + Rosie have been thrown under the bus by JPM/FDIC?
It would seem to me that JPM/FDIC have thrown the four Horsies, Weasel/Gotcha/Mangle and Rosie under the bus due to no settlement at least so far. I have said before, that I cannot believe the criminals would let Susman’s objections into the wide open, not to even mention a full blown Confirmation Hearing that could last days. It did not happen on May 13th so the new date is now fast approaching on July 01, 2011. After the massive cover up, blackout worldwide and everything the criminals have to keep this under the World’s radar, I still find it very hard to believe that this will not be settled or at least Susman’s objections delayed for whatever reason. It just does not make any sense when one looks at the criminals actions for the last almost three years.
It would seem to me that Rosie has much to lose personally, professionally and much more to let this get out in the open. I still say that Rosie could have gotten by with bankruptcy fraud, technically due to the fact his marching orders were from the Board of Directors. When Susman had PJS’s professionally drawn up valuation of WMI with BDO and others involved, hand delivered to Rosie, it would appear Rosie can no longer hide behind that technicality. So in other words, if Rosie continues down this path without including or discussing what PJS has said there is, it would seem at this point has officially committed bankruptcy fraud. I just cannot imagine he can be this stupid to trust other higher corrupt Government Officials if they have promised him immunity. I would never do the crime to start with, let alone doing it with a promise of some sort of immunity. I do not think one can make a crime legal, no matter what your capacity is. I would look for Rosie to pull WMI out of the Global Settlement, short of any agreement or settlement.
Bizreader, I agree one hundred percent but the way you cite how it should happen sounds/looks like a good Law and Order episode.
Walrath-Did she EVER really plan to sign a POR without Equity?
Now, I know I will get much flack (except from Gibson) from posters wanting to think if this post is from an imposter, and the answer is no. I am one who looks at both sides of the coin without my head stuck in the sand and searching for the correct outcome or what form of the truth the end will bring to enhance my potential profits. With that said, I cannot get through my mind why this Judge would even consider Thoma’s objections when he stood in court and discussed the potential insider trading of the Horsies with the court. If the Judge was/is as corrupt as (sometimes) I and many other have made her out to be, then why, why would she let Thoma’s objections carry on to the point the Judge discussed them several times in her denial of the original POR? She knew the Horsies traded (or should have) when JPM accused them of it and demanded the 2019 of which the Judge never followed through on. This Judge could have VERY easily listened to Thoma and took it”under advisement” only to never be heard from again. With a Judge doing this for seventeen years, she had to know that Susman would not only seize on this opportunity but also prove if given the proper tools and so far he has been given the tools.
I have been around a very large corporation for a long time and I know many other people involved here probably have been also. With that said, then many know what the term “team player” truly means and the bottom line means you do not disrupt the process by being a opinionated and argumentative with whatever the process or discussion is. I always thought if Judge Walrath wanted to be a team player with her higher authorities, then she too would have to be less argumentative, understanding behind closed doors and to the point of whatever these higher authorities were wanting her to do at least she had to pretend she agreed with them and give rulings to show that end. I would think by now the Judge would rally have to be extremely angry (inside-not showing it) with her so called higher authorities for not taking some of the stolen loot and settling this travesty. Instead these sick, greedy, corrupt and out of control higher authorities expect the Judge to fix all of these criminals corruption to the extent of possibly destroying herself. Maybe, she let Thoma’s inside trading accusation in for one reason and that with a crime being proven, this ultimate corruption could never be approved without a settlement including Equity. I still keep going back to why the Judge let this huge piece in when she could have easily ignored this as “hearsay” and quickly moved on to other issues and this would have been totally forgotten and now look at where we are…just saying…fair and balanced-maybe!
fsshon, this is excellent and I agree that this was an inside job and they would take control of the securities after exiting chapter 11, but how do they know JPM would not have hosed them as I fully suspect they would?
fsshon, this is excellent and i agree that this was an inside job and they would take control of the securities after exiting chapter 11, but how do they know JPM would not have hosed them as I fully suspect they would?
William48, settle down and do not bite your nails as there is no need for that. Susman already has the evidence on insider trading as that was the easy part. I think the reason he wants even more information is to nail Rosie and the firm of Weasel/Gotcha/Mangle plus JPM. Keep in mind by JPM/FDIC forcing the Horsies into being deposed due to no settlement, they effectively threw Weasel/Gotch/Mangle under the bus also.
Most people know that Rosie was involved with the Horsies from day one and is also guilty and even more so, since he is an attorney. I look for Rosie to pull WMI out of the G.S any hour now, as it is now his time for loss of standing in society, loss of license and prison time. His buddies in prison will need some attorney representation from future rape and murder charges that will happen from their prison, so it is only fitting that Rosie be there and available!
Well I think is is VERY safe to say the gains from here will be LARGE!!!
Rosie's nightmare! July 01, 2011-An exciting date for WMI and Equity!
When this past May 13th was approaching I thought this was an extremely important date for WMI as Susman’s objections were due followed by the Confirmation Hearing on 6/29. I could not see how the criminals could get past May 13th without everything that was hidden for the past almost three years coming to light. I was correct as sit did not happen but more delays due to so called settlement talks. Who knows whether these were really serious or not but my main point is the criminals were able to continue to hide three years of corruption with success. We learned at the last confirmation hearing that Susman was not allowed to show in court what he wanted t due to not advising the court ahead of time, hence PJS’s valuation hand delivered to the criminals this past Friday.
So now we are at a crossroads with Susman’s objections due again on 7/1/2011, which will be even more disastrous for the criminals. This is due to the Horsies being deposed and WMI going to be deposed on 6/30/2011. Is there a settlement before 7/1 or do they let Susman put out for the world to see just how corrupt this mess has been for the past three years? If the criminals past actions are any indication of future results, then this will not happen. Anything could happen to delay the inevitable, but obviously something very positive to Equity WILL happen soon. There are several possibilities that could happen in the next couple of business days such as one or more Horsies pulling out of the Global Settlement which will keep this exciting. IMHO, I feel JPM has thrown the Horsies under the bus which would include Rosie, by forcing them get deposed by not settling to prevent that from happening. I cannot expect them to have protected the criminals, so I am sure they destroyed whatever chance POR 6 had by throwing their former bosses under the bus during these depositions. One would think Rosie would protect him from bankruptcy fraud by withdrawing WMI from the Global Settlement.
Now for the interesting scenarios that could come to light. I think with Susman now having the evidence confirmed of wrongdoing, insider trading, corruption, and more, that this brings great alternatives. One being because WMI is/was solvent, they could prove with PJS’s valuation and BDO’s, they could safely exit chapter 11 as a solvent entity with no equities cancelled. Just resume paying the interest and debt on those securities. I say they could also back this up with an Equity based POR that I think would have to be submitted ahead of the confirmation hearing so the criminals cannot try to pull a fast one on the EC. I feel this could be entered with Susman’s objections on 7/1, 2011 and maybe even closer to the confirmation hearing depending on legalities. Susman could also introduce a “white knight” around this 7/1 date as well. It appears Equity has several VERY POSITIVE alternatives to keep from letting this Judge get a chance to sign Rosie’s POS POR. This next week will be the MOST positive for Equity since this case has been in existence. WMI is one lean, green and growing machine that will be printing BIG MONEY very soon!!!
LARGE!!!
TURN THOSE MACHINES BACK ON...
Yanik, the Criminals over at Weasel/Gotch/Mangle was hand delivered PJS valuation and the word spread like wildfire inside/outside of their offices. Obviously, they do not think any laws apply to them. Just ask Rosie what he thinks he has done wrong and he would answer, I have helped the Estate tremendously.
Knick I believe this is the ANNICO suit that Judge Collyer in DC threw out for ABSOULUTELY no reason other than being in the criminals pocket. She was able to delay it for about a year thinking the WaMu thing would be over and it would all be a mute point. I swear we have an under cover Government allies that has been pulling for Equity since day one and the first Trustee McMahon. Equity keeps getting good news just in the nick of time. There are three US Government branches and I think we have unkown allies that have been fighting for us and against all of this corruption VERY quietly, hence the timing of this way over-due appeal!!!
Never, I am going to believe your source because to me, it just makes sense. When one is around a large corporation for a long time; if you pay attention to business and what is going on in your corporation, yes I agree one will hear these things. Generally, the lower level people who keep themselves informed about what is going on may not have the dates correct, but they do get it.
I will use a merger for example, these people at the corporation will know ahead of time that a merger will happen and will even have it narrowed down to one or two other companies the merger will involve. Generally these people will not have the exact time line and maybe several months off, but they will know way ahead of the announcement. Same principle appies to this WaMu example, but the timeline is very close and no doubt IMHO.
Signing impairment for EC documents? Plus or minus?
I am wondering what the problem could be with the Judge signing the motion to compel the Hedgies to turn over documents and answering Susman's pleas for shortened filings?
He also wanted to make a special appointment with the court to discuss confidential material and Susman specifically said he did not want the appointment with an already scheduled Omnibus Hearing. He wanted the meeting during the week of July 20th or ASAP in the REAL sense of the word.
Lawrence, come on and quit giving this Judge excuses as she has seventeen years doing this. Like one poster said, is she retarded and I say no. She is working with her partner Rosie to protect her Government Bosses and this is just simple corruption in its highest form. Call it what it is. Susman has long known this and that is why he is working the Insider Trading part of it as this is a crime which will be really hard for her to cover up without directly exposing herself to the crime.
fsshon, I wonder if the Judge will sign these motions to shorten and motion to compell, as I believe Susman had his in since last Wednesday or Thursday? I know when ever Rosie has anything submitted, she can not seem to sign them fast enough. Yes, I realize she approved discovery but I am concerned that Susman's were not signed last week when time seemed to be important. I cannot see how they could meet 7/13 anyway, but I believe Susman was actually wanting to meet the 7/6 Confirmation Hearing with his expeditious filings. What are your thoughts? Maybe we see documents signed this evening and if they are not it will be VERY troubling IMHO!
Maybe you have the days inverted.
mord, you are correct and that I fully believe as I read it also. The only thing out of Rosie's mouth that was correct was when he said Equity classes would be in the money, under his other scam plan.
fsshon, excellent and well thought out reply. There is no doubt that A&M are a huge part of this travesty. There is no way billionaires do not defend their investment such as Bonderman, unless something way below board has happened to get their money back or they would have NEVER been a billionair to start with. AS you say Rosie, maybe switching sides and I agree however, that would mean the samething...settlement. It may not be possible now and much depends on how Susman plans on playing his cards for Rosie to switch back to Equity.
IMHO, there is no doubt one or several of the Horsies will put Rosie at the settlement table along with A&M and even if Rosie was not at the exact settlement table, the EC's conflict counsel will have found emails or cummunication nailing him. Also do not forget Quin Emanuel, as they had a secretary who left right after their problems with Weil came to light and I feel she or another one from Quin Emauel gave information to Susman and/or Venable information to nail Rosie on current and past behavior. At any rate, I still say a settlement or something VERY positive for Equity has to happen BEFORE number one, depositions and/or number two, Susman's objections/Confirmation Hearing come to light. At the very least Equity is included, which will mean a Confirmation Hearing that takes under an hour.
fsshon, I think you could be on to something but I will also go out on a limb that few may agree with but that is OK. If my limb breaks, maybe I can then jump to your limb as yours would make the next best choice IMHO and here it goes. Hopefully, you take no offense to my other post, as I certainly did not mean it personally but more my frustration with this travesty.
I have discussed here frequently and before how the Criminals have spent the last three years hiding, manipulating, practicing bankruptcy fraud to the hilt and many more illegal, unethical and inhumane acts to keep Joe Public from having a clue. I also discussed how can the Criminals let May 13th (Susman's original objections due) happen and most of all how could the Criminals let June 29th (Confirmation Hearing) happen without Equity? All of the assets, liabilities, illegal transfers, quit deed transferring, wind mill farms, airplanes, over 100 subsidiaries and most importantly a true asset/liability valuation that will show WaMu was a solvent entity before the illegal seizure. This will come to the forefront with Susman's objections and even more so in a true detailed Confirmation Hearing that will have to last longer than the one during the first week of December 2010, unless this becomes a sham.
Having said all of this and withholding much more, I cannot see how the Criminals can get past Susman's objections first (no clue when/if there is a due date), and not to mention how they can get past the first two depositions this coming week? IMHO, if the depositions go through, Rosie will be fried with bankruptcy fraud. I have no doubts one or more of the Horsies will put him in the so called "Mastermind" status of this POS POR in early 2009. So my handicapping of this mess is that there is a true settlement that Equity could agree to (could of happened this weekend) or Rosie has to pull WMI out of the G.S. as IMHO, he will first work to protect himself versus his beloved new bosses. It would be hard (maybe literally) to work around Big Bubba! I just do not think Susman will be any more professional than he has already been to the Criminals as Susman wants out of this very corrupt Delaware system.
fsshon, you said the following "I still think Walrath is Honorable, I just think she screwed up by trying to protect Chase from Bankruptcy. That was not her decision to make and as we now know JPMC and FDIC-R do not have legitimate claims and therefore are not contributing anything of value to the GSA and therefore the GSA is not F&R."
If the Judge is in a position to protect Chase from all of their illegalities in the theft of billions and billions of assets this is called aiding and abetting the criminal which is a crime and should be far worse than a crime for a Federal Judge. This individual is supposed to be upholding the U.S. Constitution and the law of the land that so many have died for in the past and currently fight to uphold. Fsshon,I admire you and all of the work you have done and are doing but if you have come down with Stockholm Syndrome...there is a cure for this.
By the way the crimninals always use this excuse when they are caught...we had to to save the world and this is why Chase is as corrupt and powerful because they just get bigger and bigger with each economic downturn through corruption instead of being put out of business. This is akin to breeding cancer as opposed to trying to find a cure.
Key to Settlement-Susman’s objections due date-When? & Depositions!
Susman's objection due date should be very telling as we are in the exact same position as we were in when Susman's objections were originally due on May 13th, 2011 with Confirmation Hearing on June 29th. I had a hard time believing the criminals would let Susman put all of this exposure out there for the public to view then and I feel the same way now. This is a repost for an answer to Susman's objection due date.
The Criminals spent almost three years coercing, threatening, cheating, and much more to keep this out of the media, print, editorials and other worldwide. Between this new objection due date (does anybody know?) and the Horsies getting deposed, I say there has to be capitulation on Rosie's part or settlement. I say this because I am sure that the Horsie's or at least one of them will sell Rosie out and then he goes down for bankruptcy fraud.
Susman's objection due date should be very telling as we are in the exact same position as we were in when Susman's objections were originally due on May 13th, 2011 with Confirmation Hearing on June 29th. I had a hard time believing the criminals would let Susman put all of this exposure out there for the public to view then and I feel the same way now.
They spent almost three years coercing, threatening, cheating, and much more to keep this out of the media, print and other worldwide. Between this new objection due date (does anybody know?) and the Hosies getting deposed, I say there has to be capitulation on Rosie's part or settlement. I say this because I am sure that the Horsie's or at least one of them will sell Rosie out and then he goes down for bankruptcy fraud.
Knight, it does not matter that she is leaaving. All you get is another Shiela Bair with a new name. He has been briefed and knows what is going and and if this is not settled before she leaves the new Chair will carry on as if nothing has happened. They all stick together or he would not have gotten the position.
goph, I agree 100 percent they are in it for themselves, just as we are, but that does not mean we are not helping each other achieve a common goal that happens to be the same...our money back and more.
Repost: Week ahead-Very telling-Watch actions closely-Could be decisive!
I am going to repost an article that I wrote back on May 8th leading up to May 13th when Susman's objections were do and the Confirmation Hearing at that time was scheduled for 6/29. I feel we are back in that EXACT position again. I cannot imagine the Horsies being deposed and even if they are, I feel the due dates of Susman’s objections are key and very telling. The criminals have spent almost three years blacking this travesty out worldwide in print, media and other. I just cannot imagine the criminals allowing the objections to disclose Insider Trading, assets, real estate, selling assets without court approval and not to mention having a Confirmation Hearing WITHOUT Equity. I say these two actions DOES NOT HAPPEN unless Equity is included. So the due date of Susman’s objections is going to be very telling.
The week ahead will show if the Hedgies will be deposed. I still say none of the last three will be deposed and yes I did not think Aurelius would be deposed either. I have since had thoughts on why they were that I think makes a lot of sense. It appears they were forced to be deposed, and the reason being (according to billings) would be they are VERY guilty. Now, if one is going to dismantle the GSA, it would make sense to have the guilty people on record showing they were part of this crime of stealing the reorganized WMRRC, hiding assets (bankruptcy fraud) and zeroing out shareholders. Then Susman could make a deal with the other three Horsies to prove verbally and in writing (throw under bus) Aurelius is guilty, thus cornering the Judge (who wants to sign current POR) into denying the POR or will prove she is aiding and abetting the crime of bankruptcy. This play is truly brilliant and this would explain why Susman did NOT give Aurelius ANY choice as Susman needed this on record to prevent the Judge with coming up with some lame excuse to sign the POR and leave her NO WAY out, unless ignoring crimes is on her agenda. Quite frankly, the EC has NEVER looked so good! If we see the other Horsies delayed or moved this will tell me Susman is on his way to taking control of the Estate. Then we would either see an 8k filing very soon, disclosing a deal with the Horsies or since we are so close to the 5/13/2011, he will just include it in his total objections due 5/13/2011.
Next we get to look at the real valuation of the entire POR and even though this is extremely important, I feel the above is the only way we can get the POR denied and that is because the crime of insider trading really destroys the criminals overall strategy. We have already seen this Judge give everything to the Government and the ONLY thing she may want Equity to have are the NOL’s and she expected Rosie to do this which he will not. I do not believe she would cave into Equities favor versus turning Rosie and the POR down. I am sorry folks, her actions are far to telling on what she WANTS to do so with that said I feel Susman has to make the crime his MOST important stance (even over valuation) if Equity is to get charge of this Estate. The Judge will make sure there is no appeal heard in Delaware for the sake of Equity, before she has a chance to sign this POR, thus mooting the decision if there ever is one. I also believe this is why Susman has been working on Rule 65, to overthrow this Judge or invoking a stay if in fact it goes that far. I still believe we have multiple plans of attack and I feel strongly that Susman has to work the angle of a crime being committed to get control. The criminals can come up with many weak excuses, other paid of criminals and so much more to reinforce their under to no valuation of the Estate and the Judge will no doubt sign this POR, based on HER PAST ACTIONS!
I have said this before and will say it again and that is we have multiple plans of attack planned and Equity has been quietly working with TPS, Blackhorse and others (behind the scenes) to ensure this POR is denied and/or coming up with our own POR to be entered sometime and maybe even this up coming week. Susman knows beyond doubt this Judge will approve this POR unless he has something extremely damaging and that goes back to proving the crime of insider trading and the forced deposition of Aurelius. I feel there will be multiple reasons the POR has to be turned down, but the only reason (POR is denied) will probably be if Susman is able to successfully tie the Sr. Note Holders to the crime and I feel very confident, based on billing records he CAN and WILL accomplish this. Many times in the past I have said we would never see a ruling on the infamous four billion and see a total asset list/valuation. The criminals have kept this blacked out for three years, controlled the media, threatened people to keep anyone from finding out, so most people expect that this is going to be on the front page news during the Confirmation Hearings or before? Now what is your guess?
Lawrence, EXCELLENT analogy and I agree that Rosie is almost powerless!
Lawrence147, yeah, I think you are correct but it would seem to me if Rosie lets Susman take another deposition the information would come out (no more professional courtesy) and Susman would destroy Rosie.