Tuesday, November 29, 2011 9:15:21 AM
Quote:
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It said Weil, Gotshal & Manges LLP is lead counsel on the case.
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You know what that means for AMR shareholders[?]
Um, would the correct answer be:
A). That they will be sodomized and raped by the attorneys that at one point in time were arguing that WAMUQ did not "need" an Equity Committee, as they were more than adequately represented by BR of WG&M, to look after "their" interests?
And even though it would be reasonable to infer that they were talking about WaMu shareholders when they referred to "their interests" everybody should clearly have realized that the "they" that WG&M were actually referring to, was themselves. Because after all, the legal Canon of Ethics calls for attorneys to put their own interests in front (and ahead), of their own clients' interests. [sarcasm]
[RosenRAT and A. StrokeRAT have asked JMW to approve a POR that calls for paying off the Dime Ltw's in WORTHLESS WAMUQ stock, where even an infinite amount of Q shares wouldn't begin to approach the number due/owing, if you believe that WG&M will do ALL in their power to Zero out the Q's.
Tellingly, they have NOT asked that THEY be paid in WORTHLESS WAMUQ stock, as they are only "looking after 'their' interests," and they would much rather be paid in CASH. The "they," of course, referring to the attorneys "representing" the Estate.
And if Equity has no bread to eat, well, let them eat cake. WG&M, A&M, and the rest of this crew needn't worry about eating cake or bread, as they will be dining on nice Porterhouse steaks so thick, that they might very well choke on them.
So, to AMR.Q shareholders, forewarned is forearmed.
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