William, another very intelligent reply and you are correct. There would be no way that Rosie would want to take a chance on another valuation...why would they as they already have the results they want and our wonderful Judge gave all of our remaining assets to the criminals. Thus, the POR "fair and reasonable" and we still have too much money with the NOL's. What is one to do, since he cannot come out and give it to Charity? Maybe he can get more favors from the Government and use all the excess to reduce the national debt.
So, yes, William once again I think you are "spot on" as Rosie had to find somebody gullible enough, young enough, who probably expects handouts for every trivial thing such as waking up and telling him this will look GREAT on his resume. Not to mention, we will give you an astronomical sum of money if you just enter what and when we tell you to. They have to reduce by at least 500-to 8oo million dollar ranges and I would assume the Judge, if she does anything to the Hedgies, will make sure the amount reduced fits into Rosie's (skeptical-oh yes) range. I hope I am wrong about that but one's current and past actions cannot be ignored if you want to look at reality of where we are and how we got here.
I feel our real chance of winning in this court will be that Susman has to show the Hedgies committed a crime. Along with this showing the true assets pre and post petition filing. I am of the belief that we may not have to go that far as I feel the Hedgies have to be thinking about prison this weekend and they will not be deposed. As people say a good lawyer is several steps ahead, so Rosie is planning on devaluing his already devalued assets. I just cannot imagine this going to a Confirmation Hearing without equity included.
