While it is true the Law Firm woul dhave operated as a Team and at least the Sr.Lawyers who directly litigated our case would have known about the massive "Hidden Assets' that WaMu Shareholders would be rightful owners of, still the loss of the Principal Lawyer and Head of the team is irreparable. In the beginning, the SG team represented us very vigorously and even seemed to have ironed out an "F&R Settlement" (as they claimed it)...The main lieutenants of Susman on the SG Team - Ed Sargeant & Justin Nelson and especially Nelson, were very vociferous and scored big points during the TRial proceedings, even 'bringing out' the $32B CASH Asset that WMI was supposed to have received, but was immediately 'silenced' by the Court, as it not supposed to be part of the case. From that exchange, we as Equity Holders understood that that there was much more than meets the Eye.
Then, we had the Insider Trading 'discovery' prosecution & 'conference meetings'. Again the SG team went off with a Bang but again the WMI-LT itself deliberately let go of the Culprits, for reasons best known to MW.
Even when the SG Team & Ed Sargeant put the 'GSA Settlement' and the proposal to 'sign off' our Releases in front of us, he assured in those Conference Calls that Equity holders would be taken care of and that we were signing in return for "F&R" recoveries... Even I recall, he gave out the "F&R" Recovery calculator spread-sheet, for every hypothetical $10B Assets Recovery.
BUt as time went on, something seemed to have gotten 'compromised' on the WMI EC side, especially our main and only 'Point Man' MW....As the Indian proverb goes "If our Gold is Fake, what is the point in blaming the Gold-Smith?" Slowly, deliberate 'Delays' seemed to be getting introduced, Assets seemed to have started to be 'pilfered', EC got 'disbanded, MW was given 'Cushy WMI-LT TAB Board Director' position, with Cushy 'salary' of $10000/MOnth and then FREE WMIH Stock to Boot, almost given 1 Million of them... So, What if the 1 million "Common Escrows"were of no Value, MW couldn't care less...At that point, the SG Team also 'disappeared' form the scene, as they sensed MW 'back-stabbed' the Equity-holders, and they were representing EC which no longer was in existence...
