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Chiron

01/19/10 12:54 PM

#139148 RE: diamondguru-one #139146

But at what point does judicial responsibility and prudence come into play? She can't delay this forever.

XOM

01/19/10 12:57 PM

#139149 RE: diamondguru-one #139146

DGO your view is shared by WMI's lawyers:

'"IF" and "WHEN" the Great Judge rules in WAMU'S favor of the $4 Billion DOLLARS it GAME OVER for the FDIC and JPM.'

From Atty. Michael Carlinsky during oral argument before Hon. Rosemary Collyer Dec. 4, 2009 :
MR. CARLINSKY: ...But a determination in the Bankruptcy Court as to these six categories of assets, frankly a determination even on the deposits and on the tax issue may resolve the entire global dispute in this case, the cases in bankruptcy and I'll knock on wood and hope that that will in fact occur.

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