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Saturday, June 06, 2009 8:20:17 PM
String theory is a Unified Field theory. Like everything is connected but exactly how is what we are trying to figure out.
I see that a big learning experience at hand. The Democracy, established to avoid tyranny, has not kept up with economics of democracy. So, we now have financial tyranny.
The judge in this case is apparently quite familiar with how BK firm owners have tried to shirk responsibility and how creditors will level unreasonable claims against a dying company. Here we have a bit of a reversal where the FDIC, a government supported entity, and a large predatory bank supposedly rode to the rescue of a bad bank, when in fact they continued the pillaging.
The decision about property ownership seems to be the pivot point here; if the 4 billion is given back to WMI then I will see that common sense is alive and well, if not then many of my suspicions will be proven correct. I have put my money on the hope that common sense property rights will prevail.
I believe that WMI management has asked for fair value or a trial. This stock price will go up if they get a shot at a trial and if they get the 4 billion, I think.
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