Replies to post #21158 on Washington Mutual Preferred fka WAMPQ

[drrugby]

on page 24:
"Third, the examiner would bring something vital to the table that the Debtors cannot bring:
An independent, objective assessment by a person who was not a participant in the events that led to WMI's collapse and has no personal interests stemming from that participation that could create conflicts of interest.

That is particularly important with respect to the examination of potential claims of misconduct by the Debtors' own management and members of their corporate boards."

Got to love that part.

Go WAMU..

DrR..

[trailblazin]

yes, with Susman I think things are going to move far faster than we've seen in the past. I don't believe he will mess around. (Especially if he is not charging hourly...although I've not seen any evidence yet how they will bill.)