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Monday, September 01, 2014 2:29:12 PM
For years now I have read your posts with great optimism understanding that other knowledgeable shareholders do not share your opinions (e.g., WithCatz, bkshadow, etc.). I really want to believe your scenario but have two questions:
1. You have often indicated that delays are possible after September. But, if Susman et al. presented damning evidence behind closed doors and “held the cards” so to speak in mediation, why would they agree to any kind of delay in the final P and A agreement past September?
2. You talk about tranches 5/6 being closed with money coming back to WMIH, escrows, or both. However, why should we believe that tranches 5/6 will be handled any more honestly than all the prior shenanigans? Or does the answer to this question relate directly to the “cards” held by Susman et al. in mediation?
Thanks in advance.
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