IMO Susman:"let us do the examination or appoint a 3rd party examiner." Judge:"OK you do the examination because I don´t want to drag this case on for another five months and waste more money!"
Climberprof Im kinda leaning in your direction. When she said they have been turned upside down so far and if there was a smokeing gun they would have found it by now. Looks like they stashed it away pretty good. Anyway what is the 2004 rule about and what does it do for us. Basically the judge is saying that WAMU is investigated by a lot of parties and the EC can use that information AND also use Rule 2004 to do any investigations they need. So... I am so confused... Is the EXCLUSIVITY window now closed on ROSEN??? I thought that May 5 was the deadline? I would also like to no the answer to this question 2.
More worry is WMI Bondholders had been taking JPM as same party gany since when, and once BOD is replaced, stupid old Bondholders will lost control and eaten up by the JPMfox !!! I personally don't have much expectation on shareholders meeting or new BOD. That's a high possibilities that it is controlled by JPM as well. Possible hopes at this moment are (1) a reasonable settlement (2) Sussman + Solomon will get a nice thorough Discovery and all info will make JMW rule (3) Go to Trial ASAP !!!
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