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Monday, July 20, 2009 1:59:57 PM
>Judge Walrath can not and will not be able to make the decision on the 4.4 Bil in deposit accounts until she is certain by way of BK Rule 2004 (legal discovery) that the money belongs to WMI. She knows JPM/FDIC lawyers are chomping at the bit to overturn her decisions in appeals court and that all bases have to be covered. Discovery will prove the source of the money, give it time and be assured when she makes the decision, she is making in light of all evidence seized by her regulators. Subpeona's went out last week, give it some time, people close to the case will keep us informed.
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