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Ilene just got up to speak...go girl!
Some one knows the value and does not want to say it......weeeeeeeeeeeeeeeeeeeeeeeeeeee. If it was 1 dollar why not boast about it, because it would simply show that there is not money for equity. WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!
1 or 100 billion...LOL
Susman is not there!
Just texted her she said that "ER is excluded."
I know right when he was about to talk about the flaws fo the Examiners report...ill mark this as a question for ilenes?
LOL do this without too much damage...funny as hel l...damage to who?!
I won't especially if something spectacular happens, but I won't hold my breathe...still patiently waiting!
I hope or take a long vacation!
Strike and Ilene I won't be there tomorrow...:(. Work calls and I can't get off...sigh...well Ill look forward to hearing from you all!
CWG they said a bank still operating or existing today. WAMU is not such an entity!
I don't believe it's JPM, rather Citi or Bank of America...if the examiner or EC couldn't get docs...how the hell did Wikileaks get docs?
Just my opinion...back to lurking and trying to get caught up on posts!
Oh, hi Ilene good to know I come first. ;).
Man now I gotta compete with Brian and oil. Man this is rough oh we'll I'll just steal some water to win liens affection. Lmfao. Hi all hope everyone had a good thanksgiving. Looks like I got a lot of reading and catching up to do damn over a thousand posts since I last read.
Okay off to finish my road trio from fla back to dc.
If you ask me that makes it even worst when you consider that if it was done (credit lines established month's after the GSA) for the simple fact the GSA/POR has been a moving target that has changed since the first version and has given away even more money to JPM and the FDIC since the first version. So if you ask me that statement holds no weight and makes it look even bad when you consider just recently the GSA changed again with a V6. Now had the GSA still been V1 the May 12, 2010 GSA referenced than I could see this statement being used in a positive way for them but the fact that this thing has changed and added even more gifting of monies to JPM just as recently as last month...makes it look even worst and a true conflict of interest.
Seems like they are trying to play on words...IMHO
And why y'all flipping I'll be addressing Rosen to tell him his milking of the estate is over and the vultures will own his b--ch arse!!!
Don, what PR?
LOL...sowwy! :)...back to lurking and work!
Well now wouldn't that be something...don't see how we would be undermining as we simply want all of the truth to be exposed...after all isn't that what the very purpose of this commission and report! :)
Should work now...
When were the NOLs discussed at the 10/18 hearing!
WOW now this is very interesting....
FCIC Delays Report Despite Republican Opposition, Citing 'Very Powerful Interests' Seeking To Undermine Investigations
hmmmm can you say FDIC and JPM...well looks like we won't be getting any juicy tidbits from the investigation before Christmas! Sigh
http://www.huffingtonpost.com/2010/11/17/fcic-delays-report-angelides-powerful-interests_n_785205.html
Solomon and Ashby billings may have some juicy tibids in them...hopefully!
agreed. Because whatever is filed and its contents or what is not filed will be very very very telling! Not to mention only 8 days before turkey day and 5 days before JMW comes back from vacation...so she may or may not know whats going on at the next omnibus on the 23rd.
Yeah, I think the dates are very telling...I'd be really suprised if they allow trial to take place and let JMW rule on the POR, I have a feeling that as much as they are trying to ram the POR through they really don't want to go through with the trail and confirmation, especially if any of the EC's motions before the trial are damning. I think if they do file objections they will be very potent and damning. Hopefully they will focus include key facts about assets, the lack of examination in the ER, aspects of Hoffmans letter,and current value of carry forward NOLs...in a way that none of us could write and supported by laws and cases!!!
So i guess it's just a wait and see game...but Ill be there on the 1st and hope to get a chance to tell Rosen that he's F#%&*ed, with a big as smirk on my face!
Thanks Uz, but this latest motion and the going ons the past two weeks just makes no sense...Like others have said its a big game of chess and a bit of chicken at this point, which makes it hard to try and even remotely figure out what the Susmans, WG, Rosen and everyone elses strategies are at the moment.
I'm just in wait and see mode...though Rosen's latest motion does suggest that the debtors are slowly positioning themselves to throw a bone to equity and CYA in the event someone proclaims BK fraud. But I have no definitive facts other than the hints in the motion...so this is somewhat speculative at best. :)
I was being silly and trying to be light hearted. I am far from negative on WAMU...I just think folks are on edge is all and its human nature when emotions get played with, probably why you see the positive and negative. I'm sowwy...just go away from the board for two days then come back and get caught up on what you missed. It helps sometimes in not being glued to the screen and losing sanity...:)
Cant we just all get along...I personally think everyone is just a bit testy as we are in uncharted and not in the know territory. So lets just get back to doing DD and having fun and using certain posters posts as we have always done as a means to have some faith and keep things light.
I digress and return to lurking! :).
1 times value .05 coming soon...hold them tickets. And yes I do have DD to back this up...current price!
Uzual you think the WAHUQ holders know that there may in fact be more money for them and have voted no, because that is the only logical way that your assertion would hold any weight as it only takes a yes vote from just one impaired class for it to pass..., no?
Last post of the day!
I'm crushed not only do I not get to hear from the EC members or figure out for the life of me what's going on with this stock...my sweet dear Ilene is hanging with BR.
Cot dangit...isn't it enough you have taken money from me now you gotta go taking our sweet Ilene.
Well Ilene I hope you get some valuable Intel or at least sabotage his efforts. I still have faith that you are doing this for us and not because you've turned to the dark side...hell at least mail us all some water....hehehehehe
:)
Gotcha, but on another note what are they referring to when they talk about the Judge hearing legal arguments for summary judgment on the 23rd, specifically, the JPM attorney and Debtors? are they talking about the laying out arguments regarding the SJ for the 4 billion that the judge will make a ruling on at some point...I guess I'm a bit confused as to what exactly they are referring to.
Thoughts or insight to help me better understand...TIA
My points and sentiments exactly...and completely agree with the judge taking the examiners report as final and shutting down the EC and any further discovery process as I posted earlier. This is the only thing that makes logical sense given what we know...now we could be wrong, but that would have to be based on information that we DO NOT KNOW!
But it is interesting they are having a hearing a day before thanksgiving...
We keep saying TPS and the EC...but do we know FACTUALLY that TPS and the EC are working together...if so please provide some proof. I think that they are two separate entities fighting for thier own causes. So I think it is somewhat dangerous to assume that what TPS is doing will benefit and be shared directly with the EC prior to when everyone else will hear this information, which will be on Dec 1st at confirmation. Which the EC may or may not be able to validate or support without having time or knowing exactly what it is TPS has or will be arguing!
Then I stand corrected, but only 8 days to go through documents and etc for a significant and big trial is kind weird don't you think...or is this normal practice?
Still just doesn't make sense...thanks CATZ
They said "the items discussed in chambers have been adjourned to a later date" so essentially postponed...correct? not adjourned completely but to a later date...but when is that later date and why would the EC agree to this when there are no other hearing prior to Dec. 1st and surely the would need the documents and or materials from the discovery items to be prepared to argue against the merits of the confirmation plan on Dec 1st.
this is not making any sense whatsoever to me!
Thanks Dan, but the dates don't refelct the 11/9 they just show the two october dates!
Someone said that judge said this in open court yesterday...I don't believe I read that and had she said that it would have been plastered all over the board yesterday...
But I don't know...this is why I am diligently waiting for the Audio, as by the time I dialed in at 10:57 all I heard the judge say was were adjourned...And I thought there would be fireworks given items 30, 31, 32 were on the agenda...but as you know come to find out a chambers meeting adjourned those issues...why no one seems to know but the attorneys...sigh!
I heard some one mention that, I need to hear the audio, but my understanding is that it was directed towards TPS and it is quite possible that they could get paid off to go away while equity - commons and prfrds still get nothing...
So I need to listen to the audio to understand her tone and the context that she made those statements...but IMHO I think they were only directed towards TPS, which is different from equity...unless I'm wrong and there are facts proving otherwise...
Makes no sense they have everything they need and want to get a POR possibly confirmed, why would they logically settle now after fighting us this whole time...makes absolutely no sense...i think there is something else more sinister...
But thanks for another perspective!
Oh any word on the audio yet...now that's bizarre it's not up yet!
Okay but in sticking with your logic...what type of agreement beneficial to equity would make the discovery documents mute?
Becuase the judge said that she would use the ER as a basis moving forward and if he did not find anything it makes no sense for the EC or TPS to have additional discovery to also not find anything.
That is the only thing that makes sense as I try to wrap my head around this shid!