InvestorsHub Logo
Followers 6
Posts 960
Boards Moderated 0
Alias Born 08/09/2006

Re: fsshon post# 266501

Tuesday, 12/28/2010 11:16:28 AM

Tuesday, December 28, 2010 11:16:28 AM

Post# of 730273
Don -- I honestly believe the examiner would have been given more time had he asked for it. We'll never know for sure, but if THJMW is staying true to form, she would have much preferred an examiner's report that could be used for at least something. IMO either Hochberg was bought off, or found something that could be very increminating and decided not to pursue it by filing basically a meaningless report. This would allow things to continue though at the waste of a few more million dollars. THJMW should have IMO began the proceedings at confirmation hearings with something like " OK. We have received no numbers to this point, by either documentation in GSA or in examiners report. If I don't get asset list during this confirmation hearing, the GSA will be denied and will be denied quickly, so either produce the numbers, work out a settlement with ALL parties, equity included, but DO NOT WASTE MY TIME.

The fallout of this case has the potenetial to be huge. I have to believe THJMW is trying to prevent by giving them opportunity for settlement. But again, I still can't believe there are no concrete numbers. Where is the valuation hearing?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News