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Friday, August 26, 2011 2:19:41 PM
It means, I currently have most of the Opinion written and wanted to let you know it is gonig to be released real soon. We are putting the finishing touches on it..
"I didn't learn much today that will help me reach a decison in either directtion" You came in here and wasted my time "all day" because you felt it was necessary to sway my opinion in your direction. I did not learn much from this charade and I now feel it was a total waste of my valauble time. I have read the closing arguments of all of you, they were enough for the court to render a decison..Do not waste my time again with your frivilous claims!
My take, decision is almost ready, Judge likes the opposition much more than the crooks and potential felons on the other side. She is sympathetic to equity and especially equity committee members who were not afforded the same treatment by debtors as SNH's when it came to strengthening their investments, by having the same trading opportunity as the Hedgies... Oh she is going to burn these hedgies !!
![smile](/images/emoticon01.gif)
These debtors are screwed in more ways then one, hence lawyering up. They willingly allowed the SNH's to trade on non-public "material" info that any shareholder would have loved to have had. They willingly let them attain blocking positions. They knowingly let and most likely participated in the SNH's Insider Trading actions by not reporting this crime to the court, they are just as culpable and will be sanctioned and most likely censored by this court.
The Objectors gave THJMW all the info she needs to burn these crooks. Debtors disguised a Chapter 7 as an 11.. Uh-OH! Never intended to go after JPM/FDIC-R.. Never used Rule 2004 for what it was designed for. EC is going to be allowed to continue its investigations, the court has oblige and bring in the DOJ, even though Obama/Daley/Dimon will do everything they can to stop an investigation, because it may just lead back to JPM legal offices and downstream to D&O of JPM.
IMHO... We see the Opinion by Labor Day Weekend.. Most likely an EC favorable Opinion will be released on the Friday before Labor Day, so the public can read it, decipher its meaning and be ready for the week after Labor Day..
GSA "fair and reasonable" is going to be reversed on the "bad faith" proven by a preponderance of the evidence enlightment to the court and denial will be the nail in debtors coffin, because the scathing opinion will be an indictment on the crooks and criminals.
POR is going to be denied.
EC is going to be praised.
UST is going to be requested to get involved and find a 3rd party disinterested case trustee to take over and handle the DIP responsibilities. UST may be chastised.
Jurisdictional issues will be addressed and DC will be brought "front and center" for adjusdication preference.
IT will be addressed and this Judge is going to "throw the book" at the SNH's and debtors. She will address the law behind her ability to disallow the SNH's claims.
EC may be put in charge because of the disallowance will bring them ahead of the SNH's!
![wink](/images/emoticon03.gif)
Worst case is reverse some of the assertions in my opinion only!
~Don~
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