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Rosie's forehead-Multiple tire tracks!
I am curious here but just with the emails that Gropper testified about coming from Rosie and now we know are in evidence, isn't this enough to fry Rosie and the entire Global Settlement? I am looking for knowledgeable answers to this question and thank you in advance.
Uzual, not to worry as that works BOTH way and also helps Folse who no doubt is getting tired as well.
Is Rosie at this hearing as I have not heard his whining voice yet?
WithCatz, I would like to first, thank you and all you have done for the true honesty, integrity and well seasoned reasoning in the past and I am sure going forward with this case. These are key points you list and I agree whole heartedly and without hesitation. Keep up the EXCELLEBT work, take care and good luck to you and EVERYBODY who is serious about justice and the Judicial System as a whole.
I changed courses on the Judge-If No Deal-G.S. POS POR 6+ denied!
I may catch some but I have thick skin so “no worries” here. I may upset some in the legal field but I am going on actions of the court and let me say FIRST, they have disgraced the U.S. Constitution and the U.S legal system, so “no worries” there either. I look at the Judge as a high ranking corporate employee and dare I give her credit for a CEO title, regrettably yes I will. With that said I have worked around one of the larger corporations in the U.S. for many years and have learned the corporate structure very well. I know how it is to be in a position in management where difficult decisions are made in areas such as finance, marketing, operations, diversity and much more. It goes without saying that not everybody is going to agree, so ones actions are very “telling” in terms of your advancement. How do you disagree for example? Do you fly off the handle, bury people, threaten people or is it done professionally? As one grows through the ranks, much should be learned, earned, respected, saved and experience taught to others as they taught you and of course groom your replacements. After this Judge has protected her so called corporate employees such as JPM/FDIC, I would think she would be VERY upset at ‘these people’ for forcing her to continue to look like a criminal who is aiding and abetting multiple crimes. This Judge has to be thinking without giving any idea to her fellow corporate employees, why have you NOT settled this with some of your stolen money as this is really starting to boil. One would have to assume she does not want to be taken down, if this should not go how they had it planned and this is two years OVER what they had planned.
I feel the this Judge is under the exact same principle although it is not suppose to be this way and none of them will agree but this Judge’s actions in this case are just too telling. So I will get to my point of why I have change my course and view on how this Judge will arrive at a decision on this so called Global Settlement. There is no question that this Judge and Rosie had been handpicked for this case. With this case almost out of TOTAL control and no REAL ending in sight other than the hope for a settlement, this Judge has serious problems in her court along with real personal problems as well. With the two new decisions such as ANICO, Stern, one or more of the Horsies filing objections, insider trading without question, assets larger than liabilities only masked by more fraud, Maxwell’s opinion on a very successful ongoing concern and much more, the river’s bottom has fallen out of this case and it is ready to explode into a full blown worldwide catastrophe with worldwide negative implications. This Judge has no other decision other than to deny unless she want to bring true devastation and worldwide attention to the real corruption that goes on in the Delaware courts. They may not want to sacrifice all of this for JPM. This Judge gave them three years, 85 billion in unjust enrichment monies so as with any abuse, one has to know when to hold them and when to fold them. This Judge will HAVE to deny the G.S. with not having to rule on difficult decisions such as jurisdiction, fair and reasonable appeal she cannot win otherwise truly exposing her totally one sided “case altering decisions.
The beginning of the end and FINALLY!
With JPM/FDIC effectively throwing the Horsies and Rosie under the bus we are down to the wire. You can rest assured of at least one general fact that will happen. That being since the Horsies have been wasted by the main player here being JPM, you can bet they will not hold back if they have to testify which has to make for a VERY disturbing weekend for the Horsies and Rosie, their passive leader. Then an amazing twist just minutes to hours before the Horsies had to testify and be grilled under oath, guess what, expect the unexpected-somebody died. This is the end of the beginning. Normally when jail time is facing several people directly and with Raja sentencing on insider trading charges expected around the first to middle part of August, I am sure most little games are about done. When and if (will not) they testify they will not only be facing insider trading charges, now because of Susman’s strategy they will also be facing perjury charges.
Now we know they cannot settle this on their own, but they can certainly destroy the POS POR 6+ while decapitating Rosie at the same time. Now I know Rosie is not going to jail for these Criminals at JPM/FDIC, so as I have said before Rosie will either pull WMI (if JPM/FDIC does not cooperate) out of the Global Settlement, delay or settle. So now it is JPM/FDIC’s turn to act and what they will do is anybody’s guess due to their extreme corrupt, threatening and destructive way of doing what they call business. We have FINALLY reached the point where people actually have to worry about losing their freedom and yes this is the only thing these kind of people understand. Stay tuned as Equity is in a VERY good position and our time NOW is down to days-maybe only hours.
Finale to the Confirmation Hearings-It should be very interesting!
I have done plenty of research on Team Susman and so far we have not been sold out and at this point in the Confirmation Hearings, it appears the Susman group is living up to it historic and successful history of winning cases. With that said, if Susman himself show up more than likely it will be near the very end or at a point in this court process where he delivers “the icing on the cake” or his “case altering” information. My guess on this “case altering” evidence or information may be two-fold. With this I mean it could be PJS/BDO offering what could be a back door entry of a new POR by suggesting using the known numbers the POR SHOULD look like this to feel the court’s appetite, followed at some point by a NEW POR.
This in turn backed by some of the known parties making Equity whole, exiting chapter 11 and continuing on with a solid business plan. This could also be backed by interested entities that could make use of the NOL’s in the manner they are designed for. There are several opportunities and to suggest there will NOT be “other” interested parties in one form or another is being naïve. Smart and astute business people are not going to let the theft of worldwide historic proportions slide by unnoticed. For those “naysayers”, keep in mind one thing, there will be many more positive actions happening for Equity before the end is written. With that said, the main “case altering” positive result will come from EXPECTING the UNEXEPECTED!
Mord, as always enjoy your posts and of course your response makes a lot of sense. Thank you, take care and good luck as well!
One Question and DO NOT take it the wrong way?
I do not want to be a downer here but realistic. If this Judge was NOT going to approve this POS POR 6+, why would she continue the Confirmation Hearings before ruling on whether she has jurisdiction? This is of PARAMOUNT importance. This is also disturbing because as soon as she signs this POS POR 6+, Rosie will immediately start dispersing the funds and a very short time late equity will be cancelled. Do NOT misunderstand me, I still believe Equity will be victorious, but this question is troubling to me.
It is time for your ABC's!
Here we are folks at another crossroads for this travesty that has resulted in multiple crimes being committed and the original crime as bad as it is/was may start taking a back seat to the OVERALL cover-up. It just does not appear the Criminals have any common sense left as greed; corruption overpowers their good judgment, just as any abuse of drugs and alcohol. I am back to the common sense level that when you stand back from a distance and look at the mess all of these Criminals including Weasel/Gotcha/Mangle have found themselves in, it would be very hard to believe if you did not know. Who would have thought that the very top people in the US Government and some successful organizations along with the legal profession would have made such an embarrassment, mockery and showed the level of corruption of the Unites States in present day? This case alone would make any third world country look like a Saint.
I feel we are down to these three choices and while delay may be the most popular choice, I still feel strongly that unless a settlement occurs or a delay that Rosie has to pull the Global Settlement. I just do not believe Rosie can go through with POS POR 6+ without enhancements or change and if anyone can explain how Rosie could avoid the charge of bankruptcy fraud if he does, I would like to hear from you. I say this assuming Susman and PJS/BDO have finished WMI’s pre/post chapter 11 filing valuation in total. We know for a fact it was delivered to Rosie and others through court filings. It would seem once Rosie and company have been notified of the assets that are missing, he would have to show them and I will not get into value, other than to say the assets would have some value. It would be interesting to see the Posters thought on this topic. Unless a settlement is in the offing, I would expect some sort of filing this evening and it could come after 9:00pm Eastern Time if there is one at all. A settlement IMHO, if there is one would probably come next week some time.
A…Delay
B…Deal
C…G.S. pulled
fsshon, I think you may be on to something here. To me this makes much sense. You know that I have repeatedly said here and on Y, after blacking this travesty out worldwide for almost three years and they are going to show the world everything during three or more days starting this week? I have never believed they would allow this corruption out in the main stream and I still stand on this.
They may get through the slow and boring stuff on the first of the hearings, but they will NOT GO FULL STEAM on this travesty. Not to mention that Rosie was notified of all of the OTHER assets and if he continues to push POS POR 6+ without enhancements/changes, he has officially committed bankruptcy fraud and he IMHO, WILL NOT do this. He would pull WMI out of the Global Settlement first. Get ready for the end of the beginning and watch equities fly VERY SOON at a broker near you!!!
Wow, Wow and MORE WOW's...thank you
How can Walrath begin Hearings before ruling on Jurisdictional issues?
With the Confirmation Hearings fast approaching on 7/13, how can this happen without ruling on what Walrath can legally rule on? Kind of like putting the cart ahead of the horse and she will make a further travesty of this case if she allows this to start. It is very alarming to the point of these Hearings going forward tells one the outcome is already predetermined. The way this court has protected JPM/FDIC, the outcome would certainly not be in Equities favor which means if she approves this POS POR 6+, Susman would have to file a stay under exigent circumstances to prevent the cancelling of equities and payout of monies. There is so much wrong at this point it would seem the only rational thing to do is delay these Confirmation Hearings in order to sort out this courts jurisdictional issue (s).
Next I cannot see how Rosie can go forward as I have said several times after being informed of what is/was actually in the Estate and where these subsidiaries and other missing assets are. After having said this several times, is there anyone who can explain how this would not be bankruptcy fraud? This assuming Rosie goes ahead with POS POR 6+ without any enhancements or changes to answer Susman and PJS/BDO valuation of the Estate pre/post filing that Rosie was served over the last two weeks? It appears JPM has thrown Rosie under the bus after forcing the Horsies into depositions by not settling this case. There is no question with what has been shown the EC will be able to prove insider trading and not to even mention the other crime of perjury by the Horsies, thus triggering more monies to the Estate which would put assets greater than liabilities. These actions will most definitely solidify this court as a true Kangaroo Court in Delaware.
I still look for one of a couple actions happening before the second day of Confirmation Hearings if not before. If there is not a delay, a settlement then one would have to assume that Rosie would have to pull WMI out of the Global Settlement before entering too far into the Confirmation Hearings to the point he drowns himself. One would also have to assume that Rosie will not risk prison for these Criminals, so he WLL take one form of action or another before it is too late for him. I look for filings/rulings/decisions to happen before the fireworks actually start on 7/13/2011. Keep in mind folks, I find it EXTREMELY difficult to believe that after almost three years of coercing, threatening, libeling, slandering and a total blackout worldwide on this case, these Criminals are going to air this ALL out starting on 7/13. I will say again, I will be TOTALLY shocked if this happens and I will still be looking for a NEW POR VERY soon.
Delay, Deal or WMI/JPM/FDIC ends G.S?
Here we are folks at another crossroads for this travesty that has resulted in multiple crimes being committed and the original crime as bad as it is/was may start taking a back seat to the OVERALL cover-up. It just does not appear the Criminals have any common sense left as greed; corruption overpowers their good judgment, just as any abuse of drugs and alcohol do. I am back to the common sense level that when you stand back from a distance and look at the mess all of these Criminals including Weasel/Gotcha/Mangle have found themselves in, it would be very hard to believe if you did not know. Who would have thought that the very top people in the US Government and some successful organizations along with the legal profession would have made such an embarrassment, mockery and showed the level of corruption of the Unites States in present day? This case alone would make any third world country look like a Saint.
I feel we are down to these three choices and while delay may be the most popular choice, I still feel strongly that unless a settlement occurs or a delay that Rosie has to pull the Global Settlement. I just do not believe Rosie can go through with POS POR 6+ without enhancements or change and if anyone can explain how Rosie could avoid the charge of bankruptcy fraud if he does, I would like to hear from you. I say this assuming Susman and PJS/BDO have finished WMI’s pre/post chapter 11 filing valuation in total. We know for a fact it was delivered to Rosie and others through court filings. It would seem once Rosie and company have been notified of the assets that are missing, he would have to show them and I will not get into value, other than to say the assets would have some value. It would be interesting to see the Posters thought on this topic. Unless a settlement is in the offing, I would expect some sort of filing this evening and it could come after 9:00pm Eastern Time if there is one at all. A settlement IMHO, if there is one would probably come next week some time.
A…Delay
B…Deal
C…G.S. finished
D…Other
Good morning Jack. Thank you for everything you have done and I always look forward to your friends discussion.
SF, now I think people think I am crazy when I talk 50-100 dollars a share knowingly it would be worth more like 140 dollars a share Wwith damages the criminals have caused along with the total net worth of the Estate. Then there is unjust enrichment off the cash we had, but now yours is really a stretch. What really irritates me now is that I hear people talking a dollar or two a share and I get very mad at myself that I am down from 140 dollars a share to under 20 dollars a share. As a matter a fact, at this point I am just hoping we are not sold out again. I have no feeling and no worries that we are, but until I see something in writing, I DO NOT TRUST ANYONE except my little friend, the Rally Monkey!
I will take my chances ANYDAY with a jury as that is the ONLY thing these criminals are afraid. They know they would lose this case in this atmosphere. They could not even take a chance on the jury because the award the award would destroy JPM and the FDIC.
fsshon, you are in my opinion ABSOLUTELY CORRECT in that the Judge signed this for TPS to be able to get the EC's material and twist their XXXX. I agree the Judge did this to ESNURE settlement of some sort with the EC.At this point I could care less about motives as long as there is LARGE GREEN for WaMu securities and all of them!!! I imagine Susman's Laywers were listening to this Omibus and when the Judge SHOCKINGLY gave this to TPS, they probably had the papers to TPS before Rosie was able to clean his drawers out after TOTALLY soiling them!!!
Rockie, one must have sense of humor to be able to withstand so much corruption for almost three years and to be able to carry on with many more purchases of WMI securities!
SF, WOW, like WOW, I do see it so it MUST mean they announce the deal on 7/7/2011 either publicly (doubtful) or through and 8K filing. Way to go SF by CONFIRMING my thoughts. As Cramer would say, you better get a BIG truck, back it up and load it to the gills!!!
Night, thank you for letting me know as I do not have time for that kind of fecies as we have enough with Rosie!
Hopefully the stock will NOT be cancelled and will continue to trade and then will trade to whatever value the market deems it is worth based on the legal outcome, settlement, return of assets and anything else the settlement would entail.
No, hold for the gold and pray that Equity survives all of this criminal element!
Obviously they know something and chances are all of JPM's competitors know that JPM is the US Government bank and are mad as hell, but they cannot do anything about it fearing similar reprisals. That does not mean they can't leak information to certain parties and help spread some information. I still feel WMI has some allies in Government and elsewhere as strange actions seems to happen a very opportune times that have kept Equity alive and now almost in the driver's seat!
Yes as Rosie would say they are working "hand in glove" with each other and the criminals are going to be cornered. They keep playing and acting carefree with this time bomb, it is going to go off propelling this travesty into the stratosphere. Here is HURRY and HURRY...KAAABBBOOOMMM!!!
Chiron, time marches forward but that does not mean this POS POR 6+ will and without material enhancements, rest assured that POS POR 6+ is dead in the water and you will probably be notified by an 8K filing but it will be to late for you due to the fact if you had any sense, knowing what you know, you will have sold. That means you will not enjoy the positive 8k filing that will involve Equity. You shoud move on and sell and do it at 9:30 eastern time on 7/5. As Diamond Guru says, thanks for playing!!!
Lawrence, excellent analysis and I am surprised many more people do not realize what you just said. Let me add to that and that is what the Judge recently signed for TPS...that the EC can share with TPS any evidence they have and keep in mind TPS never signed a confidentiality agreement with the criminals. That means if TPS want to they can take this evidence and maybe some makes it to news sources if the criminals do not want to make this case right with the proper amount of funds.
William, the level of frustration is at an all time high and rightly so. I am still in the camp that Susman is behind the scenes calling the shots for the most part. I want to know as well but keep in mind the last time many posters ganged up on Susman and that was for not telling people how to vote. I am in the Susman camp because I have done much due diligence on he and his history that everything I know about his past and this current case; he is proceeding EXACTLY as his history shows.
Keep in mind Susman seems to speak silently about this case. What I mean when you look at this past voting sham and he did not say anything, I take it now to mean this POS POR was not going anywhere and so far he is spot on. I agree now that Susman has sent Rosie the valuation from PJS/BDO which Rosie cannot go ahead with POS POR 6+ without Equity positive changes, otherwise this is tantamount to bankruptcy fraud and that will not happen. So now Susman elected to redact the entire objections to POS POR 6+ and here again Susman is speaking silently, meaning we would NOT have redacted everything if Equity was/is not included. We shall see soon but I feel very comfortable where Equity is at this place and time.
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.