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Att: ALL BLUEBIRDS!
Ahem.... I know you like Don. So do I.
Buuuuuuut ...... You can't count "Walrath for Rosen" out of the picture.
Plain and simple. It's a non-gender specific club for the corrupt!
I am not doubting what you say. My question is how many times have a lot of people said they have to settle quickly because if they don't they will get in BIG trouble over this that and the other thing AND... nothing happens. We have been down this road many times. I just hope the road you just laid out is correct.
{:>)
Knowing Walrath.... She could also conclude that the sun will rise in the west as far as we know.
KicK some serious gluteous maximous!!! That letter ranks up there with the best of them! I just hope that idiot Walrath pays attention to your letter. She is part of the problem behind all of this charade.
I certainly hope you are right or otherwise we are DOA.
JMW will sweep everything under the rug UNLESS she is painted into a corner so tightly with a loaded gun pointed at her lovely head. It is past time for Susman to step up to the plate and do what needs to be done.
I truly hope that you and Large Green are correct BUT all of this has been said about JPM, FDIC, and WGM with no results because Walrath is letting them get away with murder. She won't do anything unless Susman comes up with the definitive smoking gun and still there is a 70/30 chance she will sweep it under the rug. I hope you both are right.
Thanks. Hopefully it will add to the ROI along with releases etal.
What would happen to prefferds if commons turn to squat?
She is part of the "club". She is interested in preserving her own arse and doesn't give a rat's arse aboutthe truth.
He can call it anything he damn pleases. He is trying to make adjustments just enough to satisfy JMW hence the motion in hope of getting her approval before 1/31.
So far, NO ONE has created enough pain for JPM OR FDIC OR WEILL and co. for them to move towards settlement not even a denied por. Until, 1-31 passes or a serious competing por shows up or someone comes out with enough damning criminal evidence that can not be ignored then nobody will come to the table. So far Walrath doen't appear to care about the serious conflict of interest by WMGR AND QE nor the fact she has been seriously lied to by Rosen which is bk fraud. Y??? Many possible answers.
The debtors only did what was expected of them which was to ask the judge to enforce the agreement that was in place and agreed upon by all parties. Which maybe a ruse in itself. The reason being why wouldn't you keep objecting to something if you have objected to it in the past? If you didn't keep objecting to it then wouldn't that raise a red flag??
Our team has shown some of our cards but nobody knows how many and how truly important they were. Only the EC knows for sure and they are not talking, rightly so.
But you never know what lurks in the hearts and minds of men....
You can bet "somebody" is up to no good. As in the past, the paper flurry will come right at the last possible moment so as not to let the opposition have enough timd to respond. This has been going on for some time. Waiting until the last moment usually means something important is going to go down.
I am 100% with steel58. She is a political appointee which means she is a political animal first and a judge second. In a case this big... her decisions will be mired in as much politics as law and this is based upon past decision i.e. EC and Examiner.
Many thanks for the info.
What is TTNP?
For me, IMHO, like this stock, it buyer beware.
It was a general message in reply. I did not accuse you of anything. However, I am sick and tired of people throwing others who have valid opinions of the law and perceptions. In this assinine society it is expected that everyone to be 100% correct 100% of the time. It is ludicrous along with political correctness. Sorry, I did not mean you assualt you personally. Just a general rant. {:>)
EVERYBODY's interpretation of the law and their predictions have been correct and incorrect and all over the place many many times. People like Bopfan, MarynBob, Don, Usualsuzpect, Medhi, and Mordici have run from most positive to negative. But all of them have been more correct than incorrect. There is not anybody who has been correct or incorrect 100% soooo STOP throwing them under the bus unless you can prove you have done better. That is a waste of everyone's time, effort, and energy.
Does anyone know of an excellent legal website besides lawyersrus.com to answer questions like the many that have been asked on this and other boards?
Thanks. But does it not still require a vote by those who can vote as in the last por?? I do not know I am just asking. BTW... do you know of a good website to look for legal info??
I believe it all depends which is the first to be approved by those who are voting on it.
From what I understand, not cemented, all competing plans can come forward, argued and voted upon one at a time like the last POR. I believe they conduct this, if there are multiple plans, as they come until one is agreed upon.
Hopefully, we will start to see some action this week. JMW bought us some time but the clock is ticking and we are still running out of time. It seems to me that S&G need to start applying some serious pressure to everyone. I understand what and why they did in running the POR process, they had to. However, exclusivity is over, POR denied, and it is a new ballgame whereas earlier S&G had to play with the situation that was in progress when they took over this mess. No longer.
It was posted today on the blogs that WMFsb was not part of the deal. Does anyone recall that and have a link?? Thanks in advance.
JMW opened the door for someone with some biguns to get a settlemnt done because she doesn't want to make any decion other than on a settlement that everyone agrees on. She opened the door on January 7th to allow this to happen either by Rosenfart or someone else such as Bonderman, WalMart, or whomever. For a change I do after disagree with you on one small fact. Rosenfart was never for "us". He is and always will be for himself. He just worked for us.
IMO I think she is poltical and just smart enough to push this can down the road until someone has the brass ones to get this case done with a settlemnt.
It is time for the EC to take charge and bring the nuclear arsenal to this party. We all have been waiting patiently and appropriately so for the POR confirmation process to run it's course. It is done, finished, finito. If there ever was an opportunity for someone to walk through the door that opened on January 7th, the time is now and Susman, Nelson and company are the ones to accomplish this concept.
Everyone has to understand some "facts"....
1.) Judge Mary was a politican before becoming a judge.
2.) She is also a political appointee which party does not matter.
3.) Political appointees are not necesarily the brightest bulbs as demonstrated by her opinions as well as other politicians. This may explain previous rulings i.e. EC and Examiner.
4.) She also knows how and why she is where she is and I am sure she has been reminded of it many times.
5.) Her view point will have a decided political slant to the situation because she is a political animal and you can read whatever you want into that facet.
6.) Unless there is a settlement, what she decides could be mired in politics as much as the law.
7.) Knowing all of this... I sincerely hope we have a settlement before she gets a chance to rule on this case.
Everyone has to understand some "facts"....
1.) Judge Mary was a politican before becoming a judge.
2.) She is also a political appointee which party does not matter.
3.) Political appointees are not necesarily the brightest bulbs as demonstrated by her opinions as well as other politicians. This may explain previous rulings i.e. EC and Examiner.
4.) She also knows how and why she is where she is and I am sure she has been reminded of it many times.
5.) Her view point will have a decided political slant to the situation because she is a political animal and you can read whatever you want into that facet.
6.) Unless there is a settlement, what she decides could be mired in politics as much as the law.
7.) Knowing all of this... I sincerely hope we have a settlement before she gets a chance to rule on this case.
I hope you are correct when you say shortie is going to get burned on Monday. The POR being dead is the first step of the next phase of the process whatever that is. Screw the media including FOX, WSJ and CNBC etc because they don't have the will to do what is right which is to expose this whole business. I still think JMW is trying to get everyone to settle hence this mishmosh of a ruling. I also agree with you about Susman except for one thing... it is time to stop f%ckn around and bring the nuclear arsenal. You never ever bring a knife to a gunfight.
Exactly. So I do not know where a lot of people say that they are going to settle soon and yada, yada, yada. IMO I don't think JPM, FDIC and WGMR are in enough hurt yet. So what will it take to create enough pain to get this thing done?? What is the threshold? Proof and public knowledge of fraudulent conveyance?? Allegations of other criminal behavior?? An outside POR?? All of it or none of it. I don't know hence the questions?? One thing I do know is people will only budge if there is enough pain or enough pleasure to make it worthwhile.
Thank you for the clarity. As always, you are a wealth of information and a Great American!
So when do they stop fighting?? They don't seem to have stopped yet and we will probably see evidence of that this week. Will it take a competing POR?? Evidence of fraudulent conveyance being conveyed in public?? I don't know.
A Question For All.
Has JPM/WMI/FDIC reached the point where the pain is soo bad that they need to settle?? We have thought that this was the case before but they are still trying to win this war.
JPM was in a very serious financial situation due to their derivatives and other instruments of poor investment. Since they handle medicare, they had an inside avenue to get WAMU for next to nothing. Dimon had Bair's ear from before day 1 and she fell for it hook, line, and sinker. He was a favorite insider of Obama. I just wonder what happened to him to fall from O's grace.
I agree with you and am in your camp otherwise I wouldn't be here dealing with this stressfull situation since before day 1. I don't need it but I happen to have been treated more than very fair by WAMU since Katrina hence my investment into the company.