I don't think anyone is in anyone's pocket anymore after watching several high profile people go to prison of late. The citizens of America are sick and tired of the crap!
Today JPM tried to sell that WMI was the one picking venues. JPM said it was WMI who wants certain things decided only in BK and not DC. The judge told JPM, well if you were the attorney for the debtors I'm sure you would pick the BK court as well. The judge said a number of times she understood WMI's strategy of using the BK court. Still, she said she wouldn't overtake BK.
FDIC and especially JPM is simply getting their balloons popped before they even get off the ground.
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