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dragon52

12/26/10 3:17 PM

#266258 RE: Chiron #266257

LOL... they can approve the extension but at the same time

that extension is on present valuation which the judge will throw out anyway.

so in short, she is saying that it must be and should be redone based on true valuation of assets, which has not been fully disclosed.

get it?
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cashgrinder

12/26/10 8:11 PM

#266277 RE: Chiron #266257

so kramer recommends stocks for 2001...

he recommeds JPM and then goes on about the firt cheap price it paid to steal them.. WTF.. how is this now become a joke? they need some justice and prove these crooks they cannot get away with anything they want..


JPMorgan Chase(JPM_): The dividend's going to be boosted, the buyback enlarged, the earnings power revealed, the shroud gone. JPM's still the best-run bank in America, if not the world and CEO Jamie Dimon is one of our greatest bankers. The company really did come through this period relatively unscathed and with a better branch network, courtesy the dirt cheap price of Washington Mutual. This company's stock has done nothing, literally nothing, year over year. Unchanged! That won't be the case in 2011. I see it going to $50 propelled by earnings power and the dividend hikes. It will be the preeminent financial to own and become a staple of many a mutual fund's portfolio. Call it $50.
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Death before Dishonor

12/27/10 1:24 AM

#266302 RE: Chiron #266257

Although, WMI will attempt to dictate to the court that they are the estate and they control their BK and the direction of the BK court, by either extending or not extending their GSA, they are creating an even more hostile position between them and the court.

By not having filed now, they will have already garnered the anemasity of the court since they are possibly placing her in the position of possibly having to rush her decision if they choose not to extend.

In any court proceeding, I don't think it's a good thing to tweek to the nose of the court, especially since you have been knowingly and openingly lying to it. Judge's don't tend to like to wait for people. Rosen should have filed his answer as quickly as Susman did to alert the court.

On, a side note, I wonder if silence might be golden for us at this moment. In many a litigation, silence by the defendant means they are discussing settlement with plaintiff. Could Susman be talking with Rosen as write? AIMO