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diamondguru-one

03/17/10 12:49 PM

#175343 RE: 21Reggie33 #175334

for one "WMI" is "THE HOLDING COMPANY" !!!!! THAT cannot be Seized by anyone....THATS a FACT !!!

Where is the HOLDING COMPANYS "SUBS" ????

Where is the $25 BILLION in CASH ????

Where is the HOLDING COMANYS tax REFUNDS ???

Reorganisation for the HOLDING COMPANY ???
Hmmmm
I'll sit back with MY tickets and wait to see the Bomb shell news!

it will be a sad day for people selling and sitting on the fench

This will happen within a blink of an EYE...Pooof...PAID in FULL !!

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climberprof

03/17/10 1:13 PM

#175363 RE: 21Reggie33 #175334

I think almost we are host.

Our only hope is the judge approving the EC's motion to intervene and motion to hold share holders meeting to select new BOD.

Whatch for the documents coming out from the court.

If the judge approves those two motions of EC then the game changes and we might have a chance again.
On the other hand the judge knows that if she approves those it might take another 6 more months may be even a year to resolve the things because of EC. She might see this as a "delay" for the creditors getting their money. I think her job in BK make sure that the creditors get their money not make sure EC gets something.

Our only hope is the judge right now approving those two motions.

AIMO.

Best
Climber