Nothing wrong with being negative. It causes people to think. Yes, from the information that we as DD people have been able to find the full value of the estate has not been recognized and violations to the estate. Susman's office appreantly feels the same. The assertion is only based on what was previously/publicly known. Now, it remains to been seen what is known by FDIC, JPM, and WMI as additional assets and information. As our judge stated, she'd hoped that a cooperative discovery would have yielded the information needed by the EQ to alieve their fears that assets were not maximized and there was corporate interference. The judge was disappointed by this lack of effort by all parties. Given the additional information asserted by Susman, the need for the examiner to yield the information seems the only resolution. Also, by Susman's efforts, the judge has put the removal of the WMI board on the parralel track as the discovery by the examiner. If the examiner provides information confirming Susman's believe that WMI failed/colluded, the board will be removed and a new one installed. Thereby completely undoing the settlement and thereby maximizing the estate in the benefit of the shareholders. Amazingly, Susman has created the powers/focus of the examiner in his request. Even more amazingly, the Judge is in agreement with Susman regarding them. Susman got everything he wanted to fight a better battle in the future. Center, the full weight of the examiner to extract documents without the annoying bickering. The judge has already told FDIC that she wants their obvious objection immediately so she can squash it. We now have to decide as shareholders if Susman is an idiot attorney who is pursuing a worthless/penniless case that will yield no reward and the UST is completely blind/psychotic in their assertion that there is value for shareholders and there should be an examination of this estate and proceeding. So, now we pick teams. So whose team are we going to choose? I'm going with team Susman. I don't believe that he is going to pick a dead dog case that will yield him no return. He's one of the top ten attorneys in the U.S. He didn't get there by picking cases that were losers. So far, he's made everyone change their stance on this case. We just to have to place our bets on our DD, our belief that there is more increminating evidence, and our belief that Susman and UST (and the judge) agrees with us. Let's see who wins. AIMO
