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kas444

07/01/10 11:52 AM

#216761 RE: fsshon #216760

I agree with you!! We don't need the judge to think that we are greedy bastards and end up getting upset and ruling against us!!! Let it play out.
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wamuvoodoo

07/01/10 11:53 AM

#216763 RE: fsshon #216760

fssh the court is dissrespecting us ,if i go i'm doing it only if things will continue the way they been ,of course i wouldn't do it if we got great results but if not i'll take the early exit
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jhdf51

07/01/10 11:57 AM

#216766 RE: fsshon #216760

I agree.
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pennyrich

07/01/10 11:59 AM

#216768 RE: fsshon #216760

Let me through my 2 cents in with Fish here. The LAST thing we want at this point is to disrupt the hearings with a lot of whining. Let SS play this out for us. He and the EC are our voice in the proceedings. THMFW will hear them out in court. Catz did the right thing at the right time to get the documents be offered on file for the record. That should have been SS's Job but so be it.
Relax and let the EC and SS do the talking. We have been in this position before. It’s what I call the void before the storm. Those of you that are impatient have not been here long enough to see the games that are played with this stock before the hearings.
Buy on the dips or sell.
AMHO
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steelheader7

07/01/10 12:00 PM

#216770 RE: fsshon #216760



Agree Don gotta have some class ,even though this drags on and on.I believe we are in good hands and it has to play out and let them hang themselves ! Trust me i fully understand the frustration.
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drrugby

07/01/10 12:47 PM

#216820 RE: fsshon #216760

FSH, Possible Timeline..

After thinking about recent filings. I conclude..

THJMW asked Rosen "Why the rush?" I know know why..

Appeals court was stayed 30 days till May 25th.. For which 45 Days later THJS was going have an appeal hearing on 2 August..

Thus the rush.. July 8th is working 17 days prior to Aug 2nd.

The POS DS needed to be approved and POR confirmed prior to that hearing.

Now WMI/JPM/FDIC has received an extension to Halloween.

"Boo" now thats scary..

So, lets back up from those stayed dates and figure out the new plan of attack.. by EC and others..

Appeals Future dates: 31 Oct (Not done).. Appeals hearing would be planned 45 days later.. Mid Dec 2011..

Thus: Future amended V5(insert rev. #) POR must be confirmed by Mid Dec and V5(insert rev. #) DS must be approved 17 days prior.

Which back dates to the future 9 Nov 2010 omnibus.

IMO: EC, CC and Debtors will be submitting competing POR's.

Now looking forward to upcoming omnibus dates..

8 July 2010. This hearing looks about discovery..

My expectation @ 8 July.. hearing..

1. Is to understand if Debtors provided docs as outlined in the document that Debtors Proposed.. on June 17th..

Now to the next step.. EC Discovery..

2. I think EC may get Discovery of JPM (maybe FDIC) to determine value of assets transfered and further persue fraudulent conveyance counter claims..

Note holders: BK trustee Motion

3. It is possible that a BK trustee may come onboard to take over the debtors responsiblities. Debtors (Rosen) looses power and control.. Only because Exclusivity timeline has definately ran out..

4. Debtors get atty employed to battle EC Shareholder meeting Summary of Judgement.

5. More claims processed..

My expectation @ 20 July.. hearing..

1. Is to understand if JPM agrees to discovery.. If not Examiner..

Now to the next step.. EC Shareholder Meeting SJ..

2. More claims processed..

But, All important:

I think Shareholders will get its day in court.. Early August..

Now: EC has time to process debtors records and discovery documents.. And the time to do what the Debtors failed to do..

Persue JPM and the FDIC..

GO WAMU..

DrR..