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rramirez82

12/18/09 12:33 PM

#128459 RE: fsshon #128457

Well said Fish!

rramirez82

12/18/09 12:33 PM

#128460 RE: fsshon #128457

Well said Fish!

XOM

12/18/09 12:42 PM

#128485 RE: fsshon #128457

Exactly, fish. WMI's team cannot state the outcome of unresolved issues in open court; to do so would undermine Judge Walrath's authority. They can only argue, "given current MOR figures, there is nothing for common." The Trustee's duty (unlike the FDIC) is to ensure the "just, speedy and economical resolution of cases" in the public interest. Obviously the UST's motion spoke volumes about the urgency of equity representation.

I think it was funny how everyone was having fits over a "sortable list" of equity holders...

UST: "You sort it."
WMI: "No, YOU sort it!"
UST: "YOU sort it and deliver it by the 21st."
WMI: "No, and we'll deliver it on the 22nd."
HMW: "ENOUGH! Deliver it on the 22nd and sort it then."