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Lucullus

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Lucullus

Re: mattchew post# 271164

Sunday, 01/16/2011 11:14:47 AM

Sunday, January 16, 2011 11:14:47 AM

Post# of 730210
Yes, she ruled on presented facts - so the EC needs new facts to change her mind, but imo the EC doesn't have new facts, otherwise they would have presented them already to the examiner or at the confirmation hearing!

Only positive things for EC at the moment are:

1.The new 5 Billion NOLs in 2011

2. That JPM and FDIC have to pay for releases in the chapter11 case - but I doubt that they care about it. They will settle without releases from shareholders. This case will be over and they know that anybody has enough power to fight in court against them for years!

I actually see a little chance for prefs to get something but no chance for commons at least in this chapter11 case!
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