News Focus
News Focus

WaS

Followers 33
Posts 1272
Boards Moderated 0
Alias Born 07/23/2008

WaS

Re: Billiam_2 post# 64766

Tuesday, 04/21/2009 11:59:49 AM

Tuesday, April 21, 2009 11:59:49 AM

Post# of 749756
I don't take issue with what's gone on in Judge Walrath's court. But there's a DC court involved with the lawsuit. If people are waiting on the lawsuit for the restructuring to happen, they're nuts.

Granted there may never even be a discovery involved in the suit, but regardless, if it does go that road I believe there will be a plan for restructuring out and about before a "lengthy" trial comes to fruition.

There's nothing Judge Walrath can do to speed along a trial in DC court.

That was my point. And yeah, I do believe that gives the FDIC plenty of wiggle room between now and when they might actually have to pony up some cash.

I don't think it will go that way and I hope like heck it won't... but I don't put anything past these shady folks.

"Judge Walrath will run this entire show based on law not on the whinning of the FDIC and JPM."

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today