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My guess, Susman is aiming at $15/share and would settle for $12/share. Whatcha think?
gyspsy, do you know if Susman is currently directly involved in settlement talks?
HALLELUJAH! Please post what you find out. I feel Susman's presence at key court hearings is crucial, if nothing else just to counteract Rosen's apparent posture with Walrath. To me, one thing that Susman's lack of appearances at crucial court hearings recently may indicate is that serious settlement negotiations are in play. And, hopefully, Susman is an active participant in those settlement negotiations.
I certainly hope you're wrong. But we'll see.
That's exactly why Susman needs to actually show up in court and assert himself.
Why not Susman, Dimon and Bair talk the WAMU seizure over in court in DC? Wouldn't that be the fair and reasonable thing to do in order to restore confidence in the US government financial system?
I hope that's what Susman is thinking.
We NEED Susman's presence in court. What's the deal? If nothing else, to counter Rosen's apparent impressiveness on Walrath. There are some huge decisions pending and Susman needs to be more of a visible factor.
Wow, that's kind of like a temporary halt. IMO
How much, potentially, could the debtors be liable for, financially, to shareholders?
Why is RSMI still trading? Are there any, possibly, positive reasons? How long has it been sense Brad or Ray have made any comments to shareholders?
Susman's intensity is the key for shareholders. How badly does Susman want to "put the screws" to JPM, FDIC and Rosen? That's what it's going to come down to for shareholders to get a fair settlement or just compensation.
Some serious claw back is in order, too.
Obviously, we do need to push the "true and total" assets valuation issue to the max. Hopefully, eventually, Judge Walrath and our representatives will give this issue, which is of immense importance, even more attention than the IT issue.
I really do wish that there was more public awareness of what transpired between JPM/FDIC/WMI and WAMU. More public empathy would really help our cause going into these crucial court decisions. And probably help shareholders in our quest for a possible fair settlement. IMO.
Let's hope the "true valuation card" is played by SG to the max. Why wouldn't it be? It certainly doesn't seem to have been maximized, as yet. Maybe, this vital information is "under seal" and something that shareholders are not privy to.
Seriously, what will it take to get "2Xs value plus"? Around the $16 range. Are we making strides in that direction?
I take diamondgura-one's guesstimate to be in the $16 range.
Don't believe we'll get 3X at the present. But if SG keeps the "pedal to the metal", who knows, might happen "down the road". Great job SG in prep for this week and at the hearings, so far.
That's exactly why it's time for Susman to show up in court. Susman needs to put an exclamation point on this IT issue in front of Walrath.
Can SG appeal if Walrath "bungles" the IT decision?
I feel Ron Paul could get a lot of support for the nomination if he'd take it upon himself to lead the charge to investigate this.
"What I have always found hard to believe is that people don't understand the fraud that was committed in the first place to bring this bank down."
Someone please address the pertinent question william48 posed in message 321137.
Word is, Steinberg will be there Monday. Mr Susman, sir, please be there to "join in on the party". Sir, what's the deal on your absences, recently? WE NEED YOU IN COURT to even have a chance to win this monumental case. Don't you see that, sir?
Susman probably wouldn't show up (for whatever reason). But I'd say there would be a good chance to get another delay until Steinberg can be fully available. Considering the circumstances of this delay. Wouldn't that be "fair and reasonable"?
Will Maxwell be providing expert testimony next week on Solomon's total assets valuation? If so, that's something to look forward to. He seemed to establish himself as a credible witness today.
If that's all that the Solomon report delivered. Unbelievable! And a huge disappointment to me as a shareholder.
Will we get a Solomon assets valuation total today in court? Including possible hidden assets. We need to get down to this "meat and potatoes" issue and stop "pussy footin'" around.
How did Ben Mason do today?
Our time is coming.
I'd like to see that "RABID ANIMAL" actually show up in court to defend his clients.
William48, do you feel there could be some kind of strategy in play for Susman not being at these these monumental hearings? Personally, I just don't understand it.
How will the MMs handle this filing tomorrow morning? How can the share price not go up, at least initially, in reaction to this filing? This filing could be HUGE!
So what is Rosen's responsibility toward shareholders?
Why doesn't Walrath remind Rosen that he is supposed to be representing shareholders? Or maybe Susman could remind him in one way or another.
How does Dimon's possible Treasury Sec. appointment affect the Washington Mutual bankruptcy case?
The WAMUQ gang is out in force. There are a lot of eyes watching Walrath, Rosen, WMI, JPM, FDIC, Hedgies, etc. Should be interesting.
There seems to be some serious momentum building at the present. MMs might have some problems holding this train back next week.
I'll be surprised if WAMUQ doesn't close in the .20s, minimum, next Friday.
All I wanted was assurance that Susman was, indeed, being aggressive enough on shareholders' behalf. Now we seem to be getting that. Bravo!
That would be an "in the middle" type settlement. And that's often what settlements come down to.