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Alias Born | 10/26/2008 |
Thursday, July 08, 2010 7:10:23 PM
I enjoy reading knowledgeable people’s posts, especially the ones who are able to go to the hearings. I am one who likes to read peoples actions. In a lot of cases what people do and say can be completely different, such as what has been happening in court, from the Judge on down. Now let’s look at the actions of the EC recently. It seems to have happened quietly, have you noticed the EC is in control? It has been so long with Rosens one way court appearance, it would be easy to think they are still in control, trust me they are NOT.
The Sunman team had a piece of evidence they wanted the Judge to see before she ruled (just in case there were any doubts) so he showed them some truly damaging evidence, similar to what Rosen did to JPM/FDIC when the released the 800 pound gorilla in early December 2009, which showed the infamous emails from Tim M. of JPM talking about zeroing out equity. I believe Susman did the same thing here, but only the Judge and other important people were here. Now, that is a true action to me and the other exciting action was Susman agreeing to another delay. This is great news because if you have done any DD on Susman, then this action should tell you he is NOT letting Rosen bluff him as he is a MASTER at this.
So based on these actions, it is truly capitulation time for Rosen. Now, I believe there is no way Rosen is going to be cornered with no way out, as he can always rejoin the EC and take JPM/FDIC down, if they want to play games with Rosen and NOT settle. So I see Rosen telling the players, it is time and I am not going to prison for anybody. If there is not a settlement by July 20th, I would look at another delay especially positive for an imminent announcement and this would be much better than an Examiner for everybody, as the Examiner could add at least another year.
So, I truly believe the end or the announcement of the end is within a sixty day window. What is so great and unbelievable about this is, they are still allowing us to increase our positions for literally, pennies!
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