Uzual.. That makes perfect sense, "are you kidding?" What bothers me is THJMW continued to let the Debtors push forth the GSA that is essence was not legal on March 12th because it had not been completely agreed to by all parties, it was ploy and "are you kidding" should have been her exact words. Instead she let it in and accepted the Rose (EC) objection and 9019. Which in my opinion was brilliant, but so far has not been implemented. It seems that could be a confirmation issue.
What I want is for the GSA to be declared invalid and new Motion by one of the parties asking for the SJ decision. It is proven with valid reasoning that the money was sitting in the Park City Utah account (XOM post) at WMBfsb and can be proven as such. It is on the Consolidate Financial Statement for 2005-2007 released by WMI in March 2008. This statment was most likely reviewed by Dimon and Crooks at the FDIC to find falut with WMI's accounting of Assets vs Liability, (Dimon's statement to Banco Santander CEO) therefore artifically creating a "liquidity crisis" for a sub of a holding company and forcing WMI to raise additional capital. i.e The TPG deal that ties the hands of WMI to raise future capital for its subs, therefore soldifying the FDIC's hands-on approach to forcing WMI into seizure via. the Ptoject Filmore downstream action. Banco Santander backed out of the deal to acquire WMB on Sept 10th, because of something? What was it?
I agree with Bop and Mordicai. What she has been doing is boxing in the DIP, they are locked into their current version and have to now stand behind it (no revisions) or it will die a horrible and unsightly death. This is exactly what all of us want !!
Debtors have submitted their version, they will fight for it. Will THJMW approve it just to box them in further.. When Susman was asked by Ilenes if THJMW knew what she was doing...
ABSOLUTELY was Susman's reply.. Boxing in the Debtors and presiding over a Confirmation/Valuation fight might just be what she is wanting to do. Susman asking for a Case Trustee through the UST could be his next step.
He can legally make the case. The debtors continue to stand behind a POR that has illegal "givings" and "releases" to the other parties in it, that alone should be enough to warrant the appt of a Case trustee to push forth a new POR that includes all classes.
I am not sure what THJMW will do, but if this thing keeps following the path it has been on, she is going to TRAP Rosen and Crew.
We will see, because no Lawyer wants to destroy other Lawyers unless the opposing counsel blatantly manipulated the law into their clients favor "WILLINGLY!" A Judge however does not like it when they do it in front of them!
I like the Rope to hang themselves with analogy !!!
~Fish~
Sometimes You Just Have to See the Light Thru the Trees !!!
