Replies to post #18695 on Washington Mutual Preferred fka WAMPQ

[mordicai]

and the trustee, the court, and the ec's input.

[BerechiahOne]

Exactly!!!!

[Joshfm]

Okay, a question about that meeting: Are we going to be electing a whole new BOD or just electing 2 new members?

[climberprof]

The whole members of the WMI Board or only the few people from the current WMI board?

How many people on that board anyway?

I think this the only chance the EC has against the JPM/FDIC.
If the judge does not approve the EC's motion to hold a sharehoders meeting it is absolutely over (I think it is already over anyway but there might be a small tinny chance for more negotiations).

What can JPM/FDIC do to prevent EC to hold a share holders meeting and change the WMI board?

They can pay, but I guess they will do if there is anything else hey can.

Climber

[hestheman]

Which may have been a great chess move on the part of the EC. Maybe they can have Weil disbarred at some point.