goodietime, 'cmon, I've stated many times...
...it was a take down, and very wrong.
...colluded by regulators, government agencies, the Fed, both administrations, both parties, Wall Street, K-Street, etc.
...of course the value was materially over the $1.9B JPM 'stole it for.
...of course it was used to guaranty TARP.
...of course it was strategic planning by JPM et al.
...of course WG&M 'didn't represent the interests of the debtors, at the equity level.
...of course the Examiner was a 'hired hack.
...of course the settlement noteholders made a fortune off the insider information about the deposit account and the NOL tax law change to 5 years.
...but, after years of fighting, restocking the Equity Committee, and getting WMIH and $75M, there is 'no going back.
...for me.
...if you, or anyone else wants to, 'go for it.
...if you signed RELEASES, good luck.
...I'd be behind you all the way.
...however, I don't believe anyone will get standing in any jurisdiction.
...but message board posts don't count as court motions.
...there are NO COURT MOTIONS by all the theorists of the alternate assertions.
...that doesn't endorse what happened.
...again, of course the value was there.
...again, 'they stole it.
...again, we won an equity committee, legal counsel and professional consultants fees (OMG, they were 'tax ignorant), and they 'had their day in the bankruptcy.
...and the rest is history.
...so, who is doing what about it where?