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Thursday, August 25, 2011 5:49:38 PM
There is no doubt the Pro Se shareholders were superb as well as the EC counsel. I was very impressed, happy and have an excellent feeling because I know we cannot lose if the law is applied without coercion, threats, intimidation and other. Unfortunately, all of that is how we got to where we are, so for me to think that is not still playing a role would tantamount to being very naïve. However, I will say that I DO believe whole heartedly that the Judge would like the EC to have a least the NEWCO and NOL's which still puts Equity in the dollar (s) range versus zeroed out.
Here is my very troubling question that I cannot get past. We know that JPM/FDIC threw the Horsies and Rosie under the bus by not making a settlement before the Horsies were deposed and that also told me the Horsies would roll on Rosie, which they did. How can Rosie put Weasel/Gotcha/Mangle at risk for billions upon billions of dollars in malpractice claims, fraud, failure of fiduciary responsibility, conflict of interest by NOT issuing POR 7 without JPM/FDIC since they will not play? It would still seem to me that would have to happen or unfortunately for us, Rosie knows some sort of predetermined result. I cannot get around this as it just does NOT make any since to me unless he plans on doing it very soon like tonight or Friday night. I am interested in the board’s thoughts.
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