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volenspros

04/02/09 5:02 PM

#19485 RE: Bourbon_on_my_cornflakes #19484

a quick drop in / drive by.

it doesn't matter if they ship MU to china. NO distance will absolve jpm's liability for MU's actions. they were responsible for supervising his decisions. it's called respondeat superior. MU was acting well within the scope of his duty as trustee and he failed - miserably to comply with the andrews kurth list of "do's and don'ts".

it's time for big daddy bank to pony up some dough - a lot of it and possibly ALL of it since the crimes happened on their watch as trustee.

and when they cough up that much cash? MU finds himself on the street, unemployed, and unemployable due to his horrendous self-dealing track record. MU, you deserve the fate you created for yourself. and then?

i hope someone slaps that sorry sonuvabitch with rico charges. go to jail mikey. maybe you and madoff can be cell mates.... lol.

good luck folks. the pro is having an acl reconstruction next week which leaves me high and dry as far as attending the trial. i knew this day would come i just didn't believe april 13 would stick. darn my luck. but hey - looks like we'll have plenty of fans in the peanut galley to pass on blow by blow reports to those of us who got stuck at home.
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ronpopeil

04/02/09 5:07 PM

#19486 RE: Bourbon_on_my_cornflakes #19484

Won't work Lord Vader. MU was acting within the scope of his job and thus, as per agency law, JP Morgan is on the hook.
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gyspsy

04/27/09 2:39 PM

#20640 RE: Bourbon_on_my_cornflakes #19484

Doesn't matter what JPM tries/thinks etc. Fact remains that MU is/was working for JPM as a trustee for MOSH and sorely "neglected" his fiduciary duty administering the trust. Heck he tried to sell the trust properties some years back already and lately within the last 2 months,,, I got reams of paperwork where he failed, to put it nicely.

The ball and suit remains with JPM and Dimon. I do not care "how big they are" and "too big to fail",,,heard it all before in other cases.
Settlement? DUNNO, I'm sure Gibbs is running out of options or has run out already, but I for one would like these 3 Jesters in court for cross examination for the Jury (average Joe) to hear and judge.

Kim and Buzbee are doing an amazing job so far with the help from us peons as well. They should get paid well for their effort as well as all unit holders, return of the properties which PXD claims is worthless - HAH, why haven't they given it back some years back? backpay for layout/charging the trust, Interest etc++++++++ 3x penalties to boot for all 3 defendants.

GYS