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Friday, May 07, 2010 7:17:00 PM
I held back for a few days in posting my comments because, I wanted all the reaction posts to the denial out of the way.
I believe THJMW made the right decision. If you listen carefully to her response it is very fair and worthy of analyzing but the great Fish has already broke it down for us.
THJMW has always ruled in favor in wamu, even when she doesn't appear to do so.
THJMW beleived up until recently that Rosen's was fighting for the estate. It became clear to all of us that it wasn't the case. The POS POR will be thrown out and although hind sight is 20/20 we must understand that this decision happens to help wamu. Just as the decision to not rule on the 4B that all of us complained about.... yet here we are with an EC and susman.
that being said my beef is with the EC....yes the EC. We were appointed in january and they haven't filed, motioned or even made a peep until the POR was announced why?
We had 2 important hearings, when Rosen in march announced they were close to a global agreement and we went to .70 pps and then dropped the bombshell POS POR in the following hearing, in that week why didn't the EC step in and say: "wait a minute we know nothing of this settlement"
Prior to that had they even looked into to any of the records, if they did the wouldn't need to appoint an investigator as they asked. So now we have to go back and try to go through the books and fillings, what the hell had they been doing for 2.5 months.
Sussman wouldn't have asked for an investigation if he was not sure of the outcome, or was he just bluffing?
You cant sit back on this, the EC IMO has lost valuable time and ground by just waiting. Why haven't they put the pressure on early. Even with negotiations at hand, get involved and when they exclude you get a court order.
EC STEP UP! DO YOUR JOB!
that's my 2 cents. Good luck all!
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