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Re: wcheng post# 110423

Wednesday, 10/21/2009 11:48:38 AM

Wednesday, October 21, 2009 11:48:38 AM

Post# of 734781
I doubt Judge Walrath will issue a bench decision on the matter. As Mordicai stated a few days ago, she will probably take the matter under advisement and if we're lucky, she'll issue a decision on or by the omnibus hearing next week.

The only thing I'm deliberating over is whether JPM/FDIC will promptly move to settle if summary judgment over the $4B is granted in our favor. Based on the latest filings, I think WMI (like the rest of us) is pretty fed up with JPM's seemingly endless array of delay tactics. The $4B just might be the needle that breaks the camel's back and pushes JPM/FDIC over the edge to settle.

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