Congrats my fellow WAMU Family... A long wait to hear Rosen say equity is in the money....

Catz... Thanks for notifying Kelly from the businessjournal in regards to some items she stated incorrectly. Looks like she has made some modifications from her initial report.

My weatherman forcast tells me that with news today on the adjourned commencement of the confirmation hearing to June 29, 2011 instead of June 6, 2011 only means that discussions with equity in regards to settlment discussions and participation at the negotiating table is going good between both parties.

Rosen would no way move the confirmation hearing unless he had a good reason and a good feeling that discussions between both parties are escalating to point to make him move the confirmation hearing until the end of June.

Take into consideration the April billings from Susman and Ashby Geddes in regards to discriptions on billings stating pending settlement offers lead me to believe that equity, SN's, and now debtors are moving towards a solution which will include all WAMU flavors.

Now JPM may have been brought into this discussion after CDS claims against them.

I see todays adjourned of the confirmation as finally something good for equity to feel about. Let's enjoy this day and hope that these discussions bear fruit for all.

only the few such as us know the in's and out's of this play... Don't think you will see much movement on the share prices. If you really think about it with what we know, it's a great time to buy.......

I wonder if any media will cover the confirmation hearing being pushed back until June 29th and possible reasons as to why...

Other major positive clue other than the confirmation hearing being moved was a response that Lawerence recieved from Willingham today. Lots of important clues that MW mentioned in his response letter to Lawerence on Y board. For those of you who have not read the email, I suggest you do... It will definately give you the extra confidence in regards to what the equity committee is doing for all of equity....

Nice to see you back in the game with some skin.... I knew you would be back....

BAMMMMM..... IN LIGHT OF ONGOING DISCUSSIONS WITH RESPECT TO THE MODIFIED PLAN, AND WITH CONSENT OF THE BANKRUPTCY COURT AND OTHER PARTIES OF INTEREST IN THESE CHAPTER II CASES...

MUSIC TO MY EARS BOYS!!!!!!

I think thats what some of the heavy hitters around the Y board are afraid off, possibly that Susman and Willingham will accept a compromise offer from the Evil Empire. Most longs that have helped equity with out of the park objections and appearances like Nate would like to see Susman go for the GSA being killed and putting these crooks behind bars. They trust nobody after what happen with the Examiner, and we all know what happen with that. So I guess you have to be very cautious including the new hiring of BDO by Willingham.

I agree with you also that it's a sit and wait now... Some will have patience to wait others will move on... We sit and wait to see what is the best deal Susman is willing to negotiate and accept from the evil empire.

The writing is on the wall... Postponement of depositions especially postponement of 5 reshcheduled depositions only means one thing, Susman team is getting what they want in exchange of delaying depositions of the last three hedgies.

This thing in my opinion is headed towards settlement. The hedgies have no other choice but to get this settled with equity at any cost. Yes if that means throwing others under the bus to get a true settlement which will include all.

If Susman Team really wanted to hammer the hedgies they would be conducting depositions and getting these crooks under oath and nailing them to kingdom com. unfortunately they are not taking that road and are working with the hedgies by not moving forward with other depositions. Include the silence by the Susman team during hearing, no objections, settlement language in billings, hiring of additional specialty attorneys, and tax specialists.

In exchange for postponement of depositions Susman Team engages in settlement discussions and possible information in regards to unclean hands by all parties as beth stated in her objection. I see this headed towards settlement, once and for all ending this mess for all parties including commons. That's my swag.....

Owl Creeks deposition postponed until May 31st... This is the fourth time the deposition has been moved.... looks like the smoke is turning into sparks....

Did Dimeq withdraw as plantiff???? Thats what it sounds like to me. Anyone that has more info on this would be great... thks

You got it xoom...

Small World After All Scene to me....

Wyatt.... Holy Sh_ttttttttttttttttttttttttt!!!!!!!!!!!

Real.... I remember her saying something to that effect but she seems to be very instrumental with helping shareholders with filing objections with the court since she lives in Delaware.... Just thought she might have some insight on all this unusual behavior....

Lot's of Hmmmmm's

Thanks for the info Uzual...

Anybody heard from illene?

uzual..... What about objections from Ben Mason, Beth, or even Nate Thoma? How come you think they wouldn't object at this critical moment....

Well the Susman Saga, Suspense, Silence, and Speculations continue.....

wow..... no objection from Equity Committee yet... hmmmm

charlien... On the Y board brought up a very good observation that last time during objections being due there were multiple approvals of the POR including JPM, and FDIC...

Equity's Objection out yet?????

When will we see objections filed by TPS, Blackhorse, LTW's????? Will we see objections filed by this group?

Delays translate to possible negotiations between EC and SN's.One delay possible no discussions of negotiations, two delays possible discussions of negotiations, third delay ok maybe some serious discussions going on.
Susman and Ashby's billings for March outlined possible discussions of pending offers, and settlement discussions beyond the GSA in my opinion. Now take into consideration what happen with Raj verdict today, this in my opinion is not a very good time to be screwing around with possible allegations that can take you down from a criminal perspective and on top of that bad publicity which could affect your overall business model.

Now is the time to cut a deal and wash your hands before this sh_t blows up to a magnitude that you can't control. Its tricky cause now the SN's are not part of the GSA so it will taking some leverage to get debtors, FDIC, and JPM on board.... Guess we stay tune and see where this goes....

gyspsy.... Well I guess the Susman Team agreed to move the depositions further into May... hmmm let the speculations begin....

Raj... Has appealed the verdict. Big money buy there way out of the system. He will use up all his appeals granted to him by law and take his chances along the way to stay out of jail. That's what big money does, use as much time and money it takes to stay free of jail.

appolossa would be crazy to agree to move forward with the deposition tomorrrow after the verdict today on Raj..... Wait and see!!!

gyspy... I can't upload links, but you can go to mysa.com and go under the business section.... it would be great if you could upload the link for us...

local news in san antonio today indicated that former JP Morgan assistant V.P. who alleged she was fired for alerting her bosses to wrongdoing at the bank has quietly settled a wrongful termination case.

Linda Almonte, who had been a teamleader in chase's credit card litigation department in San Antonio, isn't going away quietly.

Almonte last year filed a whistleblower complaint with the Securities and Exchange Commision, charging that thousands of credit accounts set to be sold by chase were rife with ERRORS.

Almonte suit, which claimed she was fired for refusing to committ illegal acts, was settled last month. The terms were not disclosed.

Almonte conceded she wasn't happy with the outcome. "Let's put it this way: I lost everything, evicted from my home, and nobody in this industry wan'ts to hire me.

Almonte had accused charges of Fraud and gross neglect relating to the litigation and collection of some 23,000 delinquent credit cards, accounts, with a value of more than 200 million packaged to be sold by Chase.

According to the complaint, Chase is believed to have close to 5 billion in credit card accounts mired in litigation in late 2009.

More and More Wrong doing by this Giant Above the Law Bank....

Equity Committee request the services of Sullivan Hazeltine to serve as Delware Counsel for any discovery matters between Aurelius and Equity Committee, as conflicts rules restrict Ashby and Geddess from handling matters involving Aurelius....

Equity Committee just hired another law firm to represent them... hmmmm

nothing to discuss anymore all longs have massively speculated this to death, and really no heads up from our counsel. It's a wait and see what happens and what shareholders can do is help send objections that our due on May 13, 2011.... The more the better of all of us....

I'm assuming the depositions on Blackstone and P.J. Soloman are being conducted today.....

Chiron.... You need to chill and don't take out your fustrations on the board, it's JPM and FDIC, Debtors, SN's you need to be pissed off at.... at one time you were well respected around the WAMU flavors...

Why would sealing the depositions serve any purpose when all the big goverment agencies were invited. SEC, Attorney General, etc.... If they were at the depositions it's obvious that they have been exposed beyond Susman's Team....

Thanks Catz...

I could use the boards help... If someone has the court transcripts for November and December of 2009 hearings and also court transcripts from March and April of 2010...


Thanks a bunch for anyones help... just a WAMU brotha looking for some help...