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Dragynn

01/03/10 1:10 PM

#132382 RE: Chiron #132376

Exactly Chiron. And the "revised settlement" talk we see in the filings, is about to have to be revised yet again due to the EC.

Getting more expensive by the day for JPM, soon what they will have to pay to settle, will be greater than than the billions they are currently making each quarter from Wamu's assets, and the stalling will stop. But IMO, I think they waited too long with that strategy, criminal charges will change everything, and RICO will triple the bill. Moody's is definitely screwed, again JMHO, but they will be hung out to dry HARD, WMI may end up owning Moody's, as they aren't worth the potential damages they could be held liable for.

Agreed twice, I can't respond to PM's, but you are absolutely spot-on in your assessment.

DudeBug

01/03/10 2:43 PM

#132412 RE: Chiron #132376

The UST presented a viable reason for a delay when he said he had been asking for the sortable Equity Shareholder's list since early December.

Doesn't bode well for the attorneys to have the court force the info from them .. so I don't see Judge Walrath letting them push anything through without the EC after they deliberately delayed or refused to provide the info to the UST.