OK that's enough Mara we need to get everyone on board and start analyzing the new brief filed. The thing is over 300 pages long, it took me 2 hours to read 100 pages. After reading it, I see no reason in "God's Green Earth" why JPM would not want to just settle/buyout this monstrosity and move on to bigger and better things. WMI has a trademark claim of 6Bil alone, not to mention all the other claims.
So are you ready to take this thing apart of see where us shareholders stand after all the dust has settled? Mordicai, Jackson, Biz, Jay and everyone else on this board. Let's get too work on deciphering this thing.
I would like to know what series the trust securities were issued in when they converted to Preferred stock? Is this the P's? This seems to be a big sticking point.
If WMI contributed all the cash over the 6 months to WAMU, was it a loan that needed to be paid back or was it just a cash infusion that can not be recovered?
What right does an entity who purchases another entity have over the selling entities tax refunds when it is not in the agreement to sell? I understand it is not included in the P and A.
Is it considered a fraudulent transfer if the FDIC sells a bank for less than its value at the time? What law holds this to be true?
Is JPM going to be able to be held accountable for the negative goodwill in the amount of 1.9Bil if a Judge rules in our favor? Also if we get the 4.4 Bil back in all 6 accounts what does this do to our stock price, since we are after all the other debt?
That's a start!
TIA
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