"The EC is gaining power. They are not just letting decisions roll over them."
Susman was the laughingstock of the courtroom today, and that will not change.
Things are looking just fine and dandy for WMI/Debtors, and Brian Rosen is in complete control of the courtroom and his career is AOK.
All of the spin in the world won't take away from the FACT that wamuq will always be out of the money, and the preferreds will get approximately 1% of face value, and those that bought today will certainly not be happy with their "distribution".
Numbers don't lie, people do.