**I listened to the audio again today on my drive this morning. Walrath has clearly, finally been pushed too far by Rosen, WMI, and even the FDIC. She sounds appalled at what is going on, and certainly was ready to give us 2004 Discovery, and the Examiner. She has finally seen the light that WMI is working against its own shareholders, after the Wall Street vs. Main Street mentality of the 2008/09 crash to still see this happening must really stoke her ire.
That Watchel case threw her off and the EC, but it was merely a door stop and something that the legal eagles on Y have already refuted as BS.
You can really here the fear in Rosen this time. He is very very concerned here about an examiner, as are the other parties. He threw shyte on the wall to stop this and it worked - barely, for 2 weeks. Once Walrath refutes Watchel, look out.
At this point, JPM/FDIC and Rosen should start getting concerned. The wall of Walrath has been broken, and they will have a very hard time fooling her in the future.
I really wonder what Rosen has been promised here, or threatened to make him so vehemently against equity. Either way after listening to this, it amazes me the PQs are still under the 3% of face value mark, and I have to agree with Mordicai that these are being held back on purpose. Most hedge funds, etc, have got to see that we are in better shape than ever now.
Market Data 
Markets 
AI
