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This waiting game stinks!!!! How long does it take to deny this POS POR.... Come on Judge Mary get her done!
Best time for Judge Mary to get her opinion out is this friday and then she's getting the heck out of dodge. Not a bad idea possibly.
Thanks for the Great ReCap!!!!
Jerle, You bring up a very good observation... I like it! Now get back in your cage...lol
Come on long way baby..... Nice!
Art.... You are a BAD Bro!!!! Thanks!!!!
As in the Movie Braveheart..... HOLD!!! HOLD!!!! HOLD!!!! HOLD THE LINE VICTORY IN NEAR....
I do hope it drops more this week... I just made another ach deposit into my scottrade account and will be buying alot more this coming weeks. Come to papa baby!!!!
TPS attorney did a superior job getting the PSI report findings from congress in to the record. IMO this is huge......
during the hearing judge mary asked TPS attorney what he thought the claims were worth based off the PSI report. TPS attorney responded that he thought they were significantly worth in excess of the 97 million hurdle... Yes that's right the 97 million dollar hurdle is what he said. Judge Mary says alright, then TPS proceeds by saying for example there are of potential recoverys and findings on WAMU, Long Beach, Goldmen Sachs they collaberated on atleast 14 billion dollars and some of those could be recovered by the estate. Judge Mary says since she has to access a value to those claims, she will allow TPS to provide a 10 page summary of th PSI report into a summary of value findings of those claims in the report. At this point Rosen is pissed and brings up the 30 billion dollar off set claims from Marta, FDIC and TPS attorney shuts him down as saying that the court knows and everyone knows that those claims are worthless, but it's cute to threat everyone with worthless claims.
I think this was a huge victory for TPS, and equity to get this PSI report sworn into the record and that Judge mary will use this summary to assess a value of potential recovery of claims for the estate. Sorry Rosen but Judge Mary is tired of all your bullsh-t horse play in the court.
NO Balls NO Glory........ You have been in and out of this holding like no other....... Please !!!
They like Cake, I like Ice Cream so let's ask for both..... Bold statement from Bollin from appolossa that keeps chapping my asrse.
"I might add... I mean never mind".... this guy is trying to cover his arse.
Mr K's is a liar.... Big Fat Liar.... NOt speaking the truth liar...
yes!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This attorney for the debtors is going to use up all the time that Mr. K has for today....
Chiron... She also cannot approve the POR with the IT allegations and the limited authority she has with Stern, Anico... The IT has been clearly proven by mutliple SN's this week. Bad faith negotiations by Debtors will be proven and has been proven by cross examination of SN's....
Judge Mary is pushing the debtors to get to the witness, she can read that they are dragging, and delaying....
1991.... I agree.... your right....
I almost feel bad for this guy for centerbridge... Almost!!
what time is the hearing tomorrow? tks....
his attorney advised him to act humble so the judge would show him mercy.
Of course your statement is true and as per Bollins comment he who has massive amount of shares can gain negotation powers.
YEP... No consideration at all for equity being in the money by all parties during any of the negotations.
Just having the knowledge of a potential deal would be considered inside information... Please this is all BS...
TPS attorneys not saying, cross examining much... they must be satisfied with Equity representation.
I second your comment...
parker and seth have done a superior job baiting and now caging bollin into a singing canary....
Seth got him here... to admit that parties with considerable holdings can gain settlement negotiations against defending parties. Thanks for clearing that up for us Bollin... This is a big admittance by Bollin and he didn't like it...
settlement talks is considered confidential information.... Securities Exchange Act says Confidential Information used for buying stocks or bonds is considered insider trading....
YOU BE THE JUDGE..... Nolo's Insider Trading Plain English Law Dictionary.....
The use of Confidential information about a business gained through knowledge, employment in a company to buy or sell stocks and bonds based on the private knowledge that the value will go up or down. The victims are the unsuspecting investing public. It's a crime under the securities and exchange act.
So you be the judge is material information beneficial to making a sound decision for buying stocks or bonds? I say personally say yes.... I say that we due more research on the defination of insider trading rules of the security exchange act to come to a more conclusive determination of this material or non material slang being used.
Grooper suddenly remembers certain things during Ecksteins cross... this guy is unbelievable....
I think Parker nailed him that there is only one model and the model was updated as settlement discussions progressed. The model was in place since 2008 and the traders for Aurelious used this model to trade from. What a waste of money spending $150,000.00 dollars on a sound proof room when confidential information was being updated on the model your very own trade personal used to make trading decisions from. BAM... that's good for me on this slick prick Grooper....
What's coming is the Judge authorizing that Aurelious produce the documents which include the emails between them and Freid Frank, and the models.... This will be the kiss of death for Mr. Grooper!!!!
Well it's obvious with Mr. Grooper's statement that he doesn't want to give the court the wrong impression has been his goal during his tesimony the entire time with I don't recall....
Here come the emails... bust his arse...
It's obvious that Judge Mary will have to grant more production documents from Aurelious since Grooper cannot remember sh_t... particually emails from Fried Frank and Aurelious...
Grooper is doing a good job discrediting himself on anything that he says or remembers... Judge Mary knows what this guys goal is...
Why would you admit to having a sound proof office that you spent a outrageous amount of $150,000 for and then to admit that it wasn't even built during the trades that are under question..... Do they think we are all stupid or what.... Oh better yet when he did speak in regards to inside information he would walk 30 feet away so nobody could here him.... Wow that's some state of the art listen proof technology. Your fund is buying 10 to 20 millions of dollars in funds and your listen proof technology is walking 30 feet away from everyone that could potentially hear your inside information conversation. I hope Judge Mary doesn't by this BS.....
Of course it's a investment when you have inside information....
This MR. Grouper went from knowing everything with his attorney asking questions to not remembering anything during cross examination.. Complete BS....
The litigation fund was to sue the directors insurance companies.....