Replies to post #1928 on Dime Bancorp Inc (fka DIMEQ)

[philipmax]

Thanks Jared (I've been following your great input for months )

Like others on this board, I am suspicious of the powerful forces against us, namely, JPM and the FDIC.

None of us would be in this pickle if the FDIC abided by the original Court ruling of Judge Block. We won on Appeal (not a small feat by any means).

Now that we have the Law, The Facts, and the Logic on our side, I still suspect fowl play. We are fighting both, Goliath and the Gov't.

I therefore think that it might not be a bad idea if Broadbill and others put in for Tax Credit adjustments, just in case. It can't hurt. It might even put a spin on the argumen, changing it from denial, to "negotiations on the fine points".

[Adamantane]

But there is a brand new wild card in this deck, or appears to be to me, anyway. (Being a non-lawyer tends to lead me off in directions that people with more knowledge tend to avoid as dead ends.)

Namely that because of the tax adjustment issue, Judge Block suddenly has a dog in THIS fight.

Might that not open the previously closed door for Judge Block to weigh in on that bit, at least with respect to DIMEQ. Previously there was nothing in what came before him that legitimately tied to the mechanics of distribution or the WaMu bankruptcy. But now there is because it impacts his tax arrangements.

Just because it always has been completely outside the realm in which he had to operate, does not mean that Judge Block would have no opinions on the DIMEQ distribution matter. Knowing how reasonable he is, it's highly likely, I speculate, that he views this matter as we do, and perhaps now there is the opportunity for him to at least tangentially become involved here. And federal judges no doubt chat when their jurisdictions bump into one another.