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Re: oilstrike post# 319087

Wednesday, 07/13/2011 1:49:03 AM

Wednesday, July 13, 2011 1:49:03 AM

Post# of 749756
Aurelius, in there reply of 98 pages, they are trying to stack loose sheeeet in a pile but it keeps slumping into a stinking, steaming puddle:
http://www.kccllc.net/documents/0812229/0812229110712000000000031.pdf
page 17, item 30. (it sounds like I'm arguing with some teenager here... "only other" drink I had was beer."


"The only other information that Aurelius is alleged to have received
during the first confidentiality period – and the only basis for the Equity Committee’s charge of
improper trading – was the details of certain settlement proposals exchanged between the
Debtors and JPMC. However, Mr. Gropper testified that these proposals were “galaxies apart”
and that negotiations broke down well before the expiration of the confidentiality period.
Gropper Dep. 78:18-79:24. Not surprisingly, the Debtors specifically considered the
significance of the settlement proposals and decided on May 7, after obtaining input from
securities counsel, that the unsuccessful settlement discussions with JPMC were not material.
See Kosturos Dep. 72:5-9; 213:8-214:5."

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