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Thursday, September 12, 2013 10:59:04 PM
Escrow money will come in to LTI through any settlements. That is why attorneys for the LTI and bondholders want the trading docs from JPM, Goldman or other investors naked short selling the stock as alledged in the court filings with Judge Walrath and Collyer.
You should read the filing by LTI from last Nov. They claim they have solid evidence of Goldman naked short selling the stock. In the bondholders suit in Judge Collyers court, the judge ordered JPM to turn over their trading docs AND their investors docs last July.
LTI and bonholders would not be pursuing this if they didn't have strong case. This has been the our case all along: WAMU was targeted for take down at a firesale price. Goldman betrayed it's client by making more money naked shortselling the stock and JPM got WAMU for a paltry 1.9 billion.
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