Wall Street, thanks for your earlier posting expressing concern if any of the DIMEQ "old timers" are still out there. Yes we are though none of us are young any more.
Also, I note that several weeks ago that you were posting positive comments about the PIERS on the WAHUQ board. Since you like the PIERS, let me ask you a few random questions so that we can play along:
A) How has Team Rosen done overall on this WMI bankruptcy case from your perspective?
B) Does it bother you to see Akin Gump bring in a small army of attorneys and support staff for the DIMEQ trial and bill the estate (e.g. staying at Hotel DuPont at $450+ per night) while contributing nothing of value?
C) Can you explain the statement wherein the SEC provided a written opinion that the LTWs "effectively separated the combined entity into two components: the contingent asset and the remainder of the company." Has the DIMEQ now unspun/despun (sorry, but I do not know the correct word here)?
D) Do you think it is meaningless that current FASB rules clearly conclude that DIMEQ should be classified as a liability for accounting purposes?
E) Do you think Cha Cha makes sense in her argument that press releases are more important for someone like her to review other than the underlying legal document? If so, should we ignore the 12/18/00 press release from Dime Bancorp stating that the substantial portion of their economic interest in Anchor case was transferred to DIMEQ holders?
F) Do you think there is any obligation by Washington Mutual, Inc. BOD to DIMEQ LTW holders?
G) As an owner of the fulcrum security, does it bother you that Alvarez & Marsal admitted that they never read the DIMEQ LTW before they agreed to GSA which among other things resulted in JPM (thanks, S&C) getting a $250MM+ tax benefit on the Anchor Savings goodwill income tax gross-up that they were not even aware existed?
I could continue on but kindly "chew" on these for starters. And, I will answer your questions but I do need to see substantively better quality queries (as contrasted with your marginal previous ones) if you want to engage me.
