"Hopeful it moves forward"

"If it falls apart"

"reserve our rights"

All very key phrases used by our equity rep during the hearing that spells out that maybe the deal will go through.....

It's obvious that Rosen and the crooks have been lying to the court all this time. Now the EC has possible proof of the IT allegations and now the crooks want us to lie to the court in regards to not finding any evidence of the IT allegations. Our we nobody better than the crooks by keeping the truth from the court and exposing these piece of sh_t crooks. What ever Susman found better be worth keeping the truth from the court. I would have rather seen these crooks suffer for all the pain they have caused throughout the WAMU Community. Susman you better have brought home the cheese and bacon!!!!!

It's very simple to look at the perspective of favorable in the sense that all equity was about to be wiped out... Now equity including commons have been given life. The question is what type of life. It's unclear for every catagory of equity when it comes to what has the equity committee agreed to as a compromise settlement. Is this really a compromise settlement? If you observe closely in regards to the Hedgies not wanting to be deposed you would assume Susman had them by the nut sack. With P.J. Solomons numbers being released you would assume that the debtors might want to agree to a settlement instead of having valuation numbers thrown around the court and media. Is it possible that JPM and FDIC have been brought into this settlement so they can get the releases they so desire, and how did Rosen and equity think they would get around TPS as to not tip them off as to a potential settlement in the works. This clearly must have been addressed by Rosen, Debtors and equity during negotiations. They must have negotiated some terms that they felt TPS would accept. What ever the settlement is, it must have been worth Willingham, New Equity Members, Susman Team, P.J. Soloman moving forward into securing this proposed settlement. So I keep asking myself is this a Compromise Settlement or a slam down Settlement. Your guess is as good as mine.....

I agree with your comments and I hope this is the time that we all longs finally break bread together. There have been many Valleys and some Hills, but I pray that this settlement is favorable towards all equity. It almost seems to good to be true that we are near a settlement..... Just been burned many times in the past so it's really hard to get excited about the terms of the settlement.

If your looking for a settlement to proceed, I'm assuming good.

The silence by TPS is very telling.....

Don't matter if this hits .10 cents or even .04 cents... I'm a true long and holding for the Gold.... thats means waiting another 5, to 6 months or even longer....

I hope they take it down to the 04's again... I"m waiting to the end game anyway....

Susman's billings in March had discussions of settlement offers and this was prior to the Deposition for Aurelius...

Go to the WMI press release that was released last week and listen to the last hearing....

I agree... I feel the P's are the better bet... but of course the U's will be in the money having some ownership in WMMRC. Atleast thats my opinion....

I agree with your comment. The EC has accepted a compromise in regards to a settlement. I'm not expecting numbers in the 2 times range speculated by many, I hope I'm wrong but just don't see it happening.

I watched the documentary Inside Job last night and it really makes me sick how the Goverment and all these hedge funds, banks, politicians screw over the common people. I really wish now after watching this documentary that Susman would have taken out the Hedgies....

Screw all these SOB's.... This was a prime opportunity to nail more hedge funds and exposing them to the World how we will not allow this type of criminal activity.

I truly hope that what ever Susman and the EC agreed to settle for, was worth putting a lid on this theft. It just seems to me that our legal council, and Equity Members agreed to bury the bodies along with all the other bodies that have been buried by the evil empire.

Maybe Gov, Beth, and many other shareholders are right about exposing these crooks and giving them what they deserve. I truly hope that Susman and EC members got enough hush money for everyone.....

I have one of those wifes....

I would agree with you in regards to that fact... Greed Caused this collapse, but every bank was doing the same thing. Unfortunately WAMU was not allowed to sit at the negotiating table that many other big banks had, and was illegally taken by the FDIC and sold to JPM for peanuts. This act screwed many lives, and jobs. NO dollar amount can be given back to those that sold there shares. You would be surprise how many pre seizure holders still to this day own there shares waiting for some type of redemption. All I pray for is a reasonable settlement that will give pre/post seizure shareholders some type of closure from this theft by the big boys......

Do you realize the Settlement Noteholders bought most of there interest in the penny land range... So I guess it's ok for the noteholders to collect full value but screw the small retailer. Man some of you people really have some nerve. What side are you on?

Because nobody knows what the exchange rate is going to be for WMMRC shares for your WAMUQ shares.

Talkoption you talk a big game with numbers, and your potential explanation of possible breakdowns of exchange make sense... I hope your right with your calcualations, and assumptions. The one thing that you must remember since you haven't been following this case very closely is nothing seems what it should be.... but I do appreciate your wisdom and expertise.

Yes Sir...

Rosen said they would work through the weekend...

with very little representation from TPS and DIMEQ at the last hearing speaks that they will be taken care off... yes paid off in my humble opinion.

There is no way in hell that these attorneys that represent TPS and DIMEQ would be not present or not say much...

I agree with that statement... little jab at the judge...

It was a pleasure... Always trying to help how ever I can.

TPS attorney mentioned at the hearing yesterday that they have many concerns in regards to the value that the settlement offers, since they were only contacted on Friday in regards to proposed settlement. hmmmmm

Susman Team has always rescheduled every deposition. This time it says CANCEL. It's obvious that they have reached a settlement... Now we sit back and wait to see what Susman and MW have agreed to settle for....

Looks like Susman will be going after auditors possibly for errors and ommision claims from there insurance policies....

I like that breakdown.... hopefully they use this method.

I like that breakdown.... hopefully they use this method.

I'm puzzled by the comment made by the Aurileous attorney saying they were not on board with this deal... anybody catch that on the audio? So are three hedgies involved on this proposed settlement or all four?

I agree...

I'm more interested in knowing what will preferreds get in regards to share rate exchange into the reorganized WMMRC and what percentage ownership will equity (preferreds, commons) own of this new reorganized company.

Did you get that from the audio... i'm listening just now and didn't hear that part.

1st time I have been on the board today. Can someone tell me if Rosen disclosed how much of WMMRC equity would own???? are we partnering with the hedgies?

I'm sure Danno's audio will get jacked up during anything that might be interesting discussed during the hearing. Oh well it's nice to have Super llene on our side.

Thanks Catz... 1st sane post of the day...

I agree it's different this time... and if Rosen doesn't come up with some BS story about the news press come Tuesday you better be in could this could sky rocket come Tuesday.

I believe that this was a warning shot by hedgies, equity, and now debtors to JPM and FDIC that you better settle this now than later. Never thought I would say this in regards to debtors, and hedgies being a possible allie.

Prayers from Texas....

I second that thought.... Everyone Enjoy your Weekend...

Beth,

I would cart you all over Texas if I had to. You are a very special person that helped turned this terror around for equity. If it wasn't for you and Nate, and many others equity would have been smoked by the evil empire. I'm just glad to be apart of something so historical. Little fish typically get eaten by the big fish, but in this case there were to many piranhas...

Most longs have been waiting for over three years for good news and finally we get the good news and all of sudden it's questioned as to why.... Enjoy the positive press for once, and have confidence in your representation to try and maximize the value for equity. I for one have been waiting for this moment and I want to enjoy it for once. This is far from over put it's definately moving this train into a direction that will produce value for equity. The details are not clear and more validations will be for coming. I trust that Susman and are experts will do everything possible to negotiate a fair and equitable settlement for all of us. Relax and enjoy the ride you have been waiting for....

Fssh, Totally agree with you.... Thanks for everything you have done for this board and this new family.... You contributed tones and tones of hours and excellent DD to this venture. Hope to meet you in Vegas!!!