Royal Wedding Fri/Worldwide news diversion & timing-Interesting!
Well we all know this has to and will end one day. Speculation will continue until the very day we either get a deal or get snuffed out. I personally believe we are close to SOMETHING happening and what I mean by that does not necessarily mean a total settlement. I have always thought this would never end in a partial settlement but considering how well the criminals can control the worldwide news on the subject of WMI, well it has given them confidence that they can keep pushing out the inevitable. There probably has not been a case in recent times where the potential of 50-300 billion dollars are at stake. So, I am reasonable enough to understand that this could go down in stages, especially since the true deal makers in this mess have been caught with the crime of insider trading which will dramatically change the course that the people in charge of making the final deal will travel. The thought of EC gaining control will only happen if the criminals give up all of their ill gotten gains due to insider trading, agree to work with the EC and for the Hedgies bosses to tell JPM/FDIC, they are not going to jail for ANYBODY and they are now going to fully back the EC.
I fully believe that if Susman has NOT been compromised (nothing tells me he has), this is the only route that the EC is traveling. I say this because I believe in judging on one’s actions and the recent actions of three new EC members, this case is going exactly according to Susman’s history of winning cases, no depositions taken and none ever will, the cases total quietness and many more smaller but yet telling actions. I will not say when but one can say and be exactly correct this case will end. It could go something like this, over dramatically with a settlement (unlikely now), case blows wide open (doubtful due to successful media control), EC is sold out (highly unlikely now) or this case end up being settled piecemeal (I am starting to believe this) and what I mean by that is over a Holiday weekend (prior to it) or a worldwide news event (special wedding?), the criminals could make an 8K filing suggesting that EC take control due to the above factors. Patience, good luck, due diligence are still required and take care WaMuer’s as this WILL end and IMHO, we will be OK!
