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JV44

01/19/10 12:27 PM

#139130 RE: byrddog #139111

The Judge is intentionally stalling like I've been saying for many weeks....But the SJ is no doubt in favor of Wamu...If it was in JPM's favor it would have been ruled on and Jpm's stock would have been over $50 all with full approval of our govt....She is stalling because the headlines would read JPM loses 4 billion dollars to WAMU!!!!...WORLDWIDE NEWS!!!...That is why...Also I have no doubt that she was told to stall too...
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rickszy

01/19/10 12:40 PM

#139139 RE: byrddog #139111

The fact that she has not ruled on some very pertinent issues defaults to the “settlement talks” scenario! IMO, if we see no rulings up to and including the 28th hearing, I would reasonably feel that settlement talks have and are currently moving along nicely!

Of course, the short term benefit of some JMW rulings would be immeasurable confidence! Something that we can see and digest and savor! A huge morale booster! The pps would undoubtedly reflect favorable judgments as well!

I guess what it all boils down to is JMW had better have a damn good reason for not taking action on many issues that have been before her!

At least we shareholders, after having monkey wrenches thrown in our direction for far too many months, have thrown one back in the form of the EC!

… rs