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Dragynn

02/04/10 4:05 PM

#146917 RE: rramirez82 #146905

If you say so Ramirez. I'll PM you during "happy hour" tomorrow regarding earlier, I don't have a paid account or I would have already done so.

I believe the U.S. Trustee pointed out, that she didn't even have the power to deny the EC formation, unless she had solid proof that the UST had acted in some way fraudulently in asking for it, is that not so? So i'm not that impressed with a quick gavel bang there. And she let the FDIC off the hook, at least temporarily, and IMO they are the most guilty party in America right now, they caused 1000 times the damage Madoff did.
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DudeBug

02/04/10 4:08 PM

#146920 RE: rramirez82 #146905

RR .. I agree. I believe Judge Walrath has made her decisions based on factors we have not been privileged to. If her waiting to rule on the SJ until AFTER the EC is in place to protect the equity shareholders, then I'm grateful for her delay. She and the UST have been the ones looking out for equity shareholders unlike the other legal professionals involved in this suit ... contrare to what some of them say.

IMO ... I also feel the frustration and anxiety in waiting but I feel with time we will see the true results of why things have moved as they have! Besides ... this ligitation is not over the cost of repairs to a fender bender ... this is over the fraudulent conveyance of BILLIONS of dollars that can impact many.



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jhdf51

02/04/10 4:23 PM

#146937 RE: rramirez82 #146905

Nice and sensible rramirez..good post!

~JHD