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David West

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David West

Re: Lawrence 147 post# 185760

Wednesday, 04/07/2010 10:02:31 AM

Wednesday, April 07, 2010 10:02:31 AM

Post# of 730157
Lawrence 147 -

I agree 100%. In fact, it is the duty of the UST to file 'Fraudulent Conveyance' against the debtors when it is discovered.

The most dangerous and least talked about thing that happened yesterday is what happened to the bondholders. I really don't think most of the board caught the importance of this act by the judge. The repercussion will be mammoth. If someone or something doesn't calm the WMB bondholders down, the ugly war that we have been talking about for 18 months will start. The enemy will be OTS, FDIC, and JPM. WMI will be dragged into it because of their behind the scenes skullduggery pre-seizure and post-seizure, which will prolong the agony of WMI Equity. IMO EOM

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