Actually Ramirez, it is JPM and their cronies, working the stops and everythig else (media) they can, to get people to let lose of their shares. They know the Judge is she approves a shareholder meeting, will not let it go back to March 3rd as an Exit date, so they (debtors) are going to push for a more present exit date of ownership in voting. Susman will have no choice but to comply. IMO he nnever would have went down this road if he did not have TPG (the largest majority) ownership in shares in his pocket. He would have needed to quorum to move the BOD, he knows this, Hell he better "I do!"
TPG has to be on board with the shareholder meeting removal. It would give them complete control of the BOD. Now Susman knows TPG wants revenge on JPM/FDIC or he would not take a chance of letting them have control and then reversing their initial decision to "vote out the BOD and re-negotiate a real GSA."
If you are one of the best law firms in the country, you have done the "what if's, and's and but's." With investigators, private detectives and legal theorists." TPG has to be on board or a shareholder meeting threat is a HOLLOW ONE.
Ram.. It is corruption at its worst. I hope you will be a new breed of attorney's who will work diligently with your fellow new Law Associates to stamp out the greed on Wall Street. A book will be written in Shareholder view, but it is going to take years and years of effort to get the rats out of the way of the publics money. pensions and life savings. Taking a Kid's college education away because you are a Greedy S.O.B.. Should and will need to be exposed to make sure we never let this ever happen again.
I really have a HEART for the kids who can not go to college because "project West" took their college money, The seniors who saved all their lives so they can have a nice retirement in a sunny place. The young couples who scrimped and saved so they can purchase their first house. The single person who just wanted to let some money sit in a 100 year-old institution and grow an investment, because it is the right thing to do. The parents who were looking to make a better life for the family, doing without, so their children would have a future. It goes on and on and no one wants to wrtie about the Human Injury, no they just wnat to talk about Bondholders and Noteholders, like the Common man is a complete Jack Arse or something..
Wall Street is not going to like the Book !!!
~Don~
Gotta Go to Work
Sometimes You Just Have to See the Light Thru the Trees !!!
