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JMac9

07/05/10 12:59 PM

#217690 RE: FORTY-8 #217689

Then, what should be doing?
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RDG013

07/05/10 1:04 PM

#217691 RE: FORTY-8 #217689

william, if we are correct abut the hidden fraud, it most likely goes all the way to certain executives at WAMU. If true, of course Rosen is working in their best interst and not the shareholders. That being said, a new BOD guarantees us nothing, as we do not know how many JPM allied shareholders there are. No, the only way to find out for sure, good or bad for us, is for an examiner and full disclosure forced by the court.
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uzualsuzpect

07/05/10 1:04 PM

#217692 RE: FORTY-8 #217689

Hi William,

There needs to be a "push" to turn over info. They are still using the time to say their prayers in hopes of not having an examiner appointed. Now, IF and once the examiner is appointeed - there will be a fast settlement. All parties know what they are looking for document wise. BR is certainly not dumb - the final shove WILL be the appointment of an examiner.

AIMO
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barefoot123

07/05/10 1:31 PM

#217697 RE: FORTY-8 #217689

If they are not forthcoming with documents, than there seems to be something the examiner can get to expose wrongdoing. I believe the opposition is holding out with only one hope, and that is getting an examiner that is corruptible; a last chance survival play. IMO.