Saturday, April 03, 2010 3:51:01 PM
Below is a post made by me yesterday.
I and my shares woud like to see all of the positive things in favor of WAMUQ come to pass, but the court doesn't follow the simple way that all of us would take to resolve this issue. Also, I will be happy to have you change my mind on 'Fraudulent Conveyance'. Please point me in the direction of your information on the subject. Thanks!
In addition, the latest post at ghostofwamu.com is in essence a rebuttal by FDIC-Receiver against a filing of the WMI Creditor's Committee that many would think should have been in BK court. It almost sounds like a charge of fraud but is not. The FDIC-Receiver simply states that the Creditors of WMI do not have the same rights as the debtors. IMO EOM
Fraudulent Conveyance -
More in formation at the link below.
I am not saying that Fraudulent Conveyance will not be heard in the BK, I am saying that no one has filed Fraudulent Conveyance for the judge to consider. It has been 18 months so far. There must be a reason. EOM
http://www.caddenfuller.com/CM/Articles/Articles38.asp
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