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Enterprising Investor

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Re: Enterprising Investor post# 106

Friday, 06/29/2012 3:51:37 PM

Friday, June 29, 2012 3:51:37 PM

Post# of 386
Stipulation And Consent Order Resetting Deadline For The Filing Of Objections To Chapter 11 Trustees Motion Pursuant To Section 506(c) (6/29/12)

Deadline to file objections is 7/16/12.

The Credit Suisse role is as Collateral Agent. The Counterparties are UBS, Citigroup, JPMorgan Chase, Bear Stearns Investment Products Inc. and RBS. Each has the ability to file objections.

Needless to say, the Trustee is also pursuing much larger claims against some of these parties. The end result could be WAMUQ-like down the road.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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