This case will resolve ONLY when the internal feud is settled!
I will say Equity has made it and will NO DOUBT survive! Now, I have just made a very bold statement and I feel comfortable enough with how this process has gone recently to double my position in common shares. So let’s look at where we are. The reason the FDIC signed the last two extensions is because the way the court was protecting the CRIMINALS, it appeared to these same CRIMINALS that a signed POR by the court was assured and unfortunately, I almost felt the same way. I will make another BOLD statement and say the FDIC will NOT sign on to another extension unless Equity is included and I also feel the FDIC may be working with Equity directly. I thought the FDIC would have worked with Equity directly a long time ago, but the way the case was going there was obviously no reason for them to do so as we can clearly see now.
The Judge made it very clear that she will not hold another contentious POS POR hearing and believe it or not, guess what, I actually believe her. With that said, why in the world would the FDIC sign on when they have a free opening, the court made it clear no more contentious POR’s, FDIC is free to make their own deal with releases and this leads me to the one hundred billion dollar question, why would the FDIC sign something now without releases for FDIC-C when they can force JPM to pay more? So folks the fight now is INTERNAL with the CRIMINALS and who will balk first, JPM or the FDIC or Weasel/Gotcha/Mangle?
Do not forget Rosie who has a firm all set and ready to implode and become the next Arthur Anderson based on all of their malpractice/bankruptcy fraud. Equity is in the best shape and for ALL practical purposes this Global Settlement is DEAD without Equity. I would like to add one more very positive note and that is the information that most of us have gained here is/will be almost as good as insider information due to the fact there is virtually no reporting on this worldwide for over three years and when it is reported it was/is altered to fit the CRIMINAL’s agenda. There will probably NEVER be another chance to buy a stock in a solvent organization for under seven pennies on the dollar that could in turn be worth anywhere from fifty cent on the dollar to seventy eight dollars per common share. Now how do you like that spread?
AI
