Oh what a tangled web they weave William, Excellent Post. I sat down yesterday and spent over and hour and half transcribing the 5 minute exchange complete with conspiracy theories. I accidentally clicked my back button on my browser twice and when I finally got back to the reply box, the entire thing was gone.
I was absolutely pissed off and just turned everything off and walked away. I think this happened for a reason, it prompted you to write this post. This is an excellent analysis and I believe it is spot on..
THJMW is not going to let this go down in her courtroom as an injustice/misuse/exploitation of the BK justice system, she is very aware of the implications to not only here career, but a NY law Firm walking into a Delaware courtroom and trying to gift the shell of a company to the company that created their demise. The exchange between her and the JPM lawyer is a classic, it tells a lot about how she feels about this case and its outcome. She is crossing the T's and dotting the I's and running all text through spell check, heck I expect she is also going to be using a dictionary to make sure the spelling is correct and the grammar is being used in the right context. Before allowing the final report to be submitted to the professor.
JPM lawyer admitting they can not find, nor do they have the valuations for the assets that were supposedly transferred to JPM as part of a conditional exchange that never took place, speaks volumes to the whole criminal conspiracy of this case. They have the documentation, they just do not want to produce it because it will prove TPS's argument and they know they will lose. How can JPM expect other investors to purchase securities in theirs and others banks, if on a whim the FDIC can just nullify the investment and allow the transfer of the underlying assets (collateral) to a company that never should have had one little interest in those securities.
THJMW is most likely going to rule in favor of TPS and order one of 2 things. JPM or WMI to pay TPS their money (4 Bil) or transfer the underlying assets to WMI to be administered by them, because a conditional exchange never took place and back interest is owed to the owners of the trusts to satisfy the debt.
When I get some time later on today, I will transcribe the exchange once again, because I think the Board needs to read it and understand the implications of such an outlandish claim by JPM. The silence from Weil proves the COI. The coattails of TPS will not be ridden by Weil, but surely the EC will attach themselves to them.
That is where and how we stand in the biggest BK fraud in history and prosecution of the crimes should be coming to a head soon. I am sure the examiner will tell THJMW that he will not be able to complete his work on time, because of the stall/delay tactics that have been so apparent in this case. His recommendation for a Case Trustee will have a far-reaching effect on all the players...
~Fish~
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