Let me preface this by saying I am not trashing any of these guys, in fact they are all quite great to read, so I hope this isn't deleted. But In terms of the camps of discussion on here, is it basically broken down like this?
THE CATZ CAMP- says take things at face value, if equity gets something, it's going to be shares in a new company. There is no money there because I don't see it, and you can't pull it out of the sky. Probably a very technically logic and conservative investor that says you can't add 1+1 and come up with 3. Brings a certain amount of balance to this board, and is correct, if this were in fact a level playing field, however....
THE LAWRENCE CAMP- says wait just a minute this is absolutely not a level playing field, and just because you can't see it, doesn't mean it isn't there, which is the crux of the argument, money was stolen and seized illegally and parked all over the place, covered up by several companies. There isn't going to be a new company, commons are going to get a settlement based on numbers that are at least partially based on what was stolen and that is not listed in plain sight. And the settlement isn't going to be peanuts, it's going to be epic because there is way much more than what you are hearing or seeing. These guys are all criminals and throw any naiveity out the window because 1+1 does equal 3 if you dig hard enough and find the other missing 1.
THE VOODOO CAMP- I'm going to go door to door with a bat and just beat the truth out of everyone and walk out of each of their houses with their safes of what they stole.
THE FSSHN(Don) CAMP- I tend to side more toward Lawrence, but every time a new filing comes out, I immediately start running conspiracy theory scenarios and say oh wow, this is going to be the deal of a lifetime, then the next day backtrack and start talking about something else.
EVERYONE ELSE CAMP- Tends to fall in between the camps above, and is truly riding high on emotions. But all feelings somewhat are derived from what Catz and Lawrence have laid out and fall somewhere in between those arguments.
Im just trying to connect the dots of where exactly we stand here on this board, especially for those of us who may have been in WAMUQ earlier, but not have found this board until recently. I think at the end of the day, it comes down to Steve Sussman vs. the evil and corrupted government powers more than anything. Can Sussman do it, that's what we are all betting on here and that is where the key to the safe resides at. He better bring the stone cold hammer to JPIG if they are kicking in anything remotely close.
I mean 30 BILLION was approximately the amount of bad CDO's Merrill Lynch had that essentially put them out of business and into the hands of Bank of America, so that amount is enough to ruin a company. JPIG just isn't going to settle with an amount like that so easy, even if they did steal it and should be returned, it's already been spent and reflected in their company, it's not being held away for safekeeping somewhere thinking they may have to return it one day. It would completely crush their stock, and even if that money was illegally stolen, which I dont think anyone here has any doubts on, it's a much bigger chore to prove it when you have to fight the conspiracy and corruptness of the political system in this country. If you think the goverment wants to see a JPIG meltdown especially in this environment, then I have some fresh new shares of Enron for you.
Again, it's Steve Sussman or bust in my opinion. Is he an assassin that can win in even the most unfair playing field. Let's all hope he is like Russell Crowe in Gladiator because that is the kind of performance he is going to have to come up with to defeat these evil and corrupt mofo's.
