News Focus
News Focus
icon url

Large Green

02/07/11 4:07 PM

#275501 RE: fsshon #275491

fsshon, I think you are reading this very well. I expect the usealing to happen but I am afraid it would make the Judge's opinion look silly and that is the reason I feel she will not unseal the documents. I, like you and many people feel legally it should and has to happen but that does not mean she will do the unsealing. I want you to be right Don, but I have my doubts.

Don I wrote this to Ilene this morning and if you want to respond I would enjoy your thoughts. Now, I know you and I disagree on this Judge and I would much rather you be right than me.

Good mornining Ilene and I hope all is well. Let me know what you think about this. The reason I feel Rosie has been so quiet is he is trying to get past the hearing tomorrow with the appeal being decided it is "moot" by the Judge so somewhere between Tuesday and Friday night he files his Wcrap that everybody thinks is dead. I know the GSA is still on going unless FDIC/JPM throw their one liner out saying they are out. I will bet that that not happened. If FDIC/JPM was NOT straddling the fence on this POR/GSA, this one liner by the criminals would have already been filed with the court.

I have no doubts the Judge will just rule the appeal is "moot" and move on without discussing and getting finality with the GSA. This is the loophole Rosie has been counting on so the appeal will NOT get elevated and he is quiet until AFTER the hearing.

Here is how I am going to play this. If the common get a run up to say fifteen cents or higher I will sell 30 percent of my commons and then repurchase far more if Rosie does indeed file his WCRAP. I hope this does NOT happen but if the run up is large enough, I will do this because there is no doubt in my mind he is planning EXACTLY this unless this is DIRECTLY addressed at the hearing and this POR/GSA is declared officially dead by the court. I just do not think the Judge will do this as I feel she is complicit with Rosie's crime.Just IMHO and please do NOT take offense.
icon url

tzebedee

02/07/11 5:32 PM

#275515 RE: fsshon #275491

why limited discovery.. doesn't make any sense to me. of course they don't want full discovery. ?? limited discovery would only absolve, it would seem? seems full discovery would be the quick means to an end. what do i know. Why do you believe limited discovery will grant anything? and what relief will it apply? hoffmans motion as to relevancy? if it would have no impact then why even ask to release? just looking for clarity. maybe you all have it but i'm either a dumb or i just don't understand the process. RULING/ RESULT SCENARIO, BEST/WORSE CASE SCENARIOS? i'm looking for an answer, not extensions on hearsay tomorrow. we need fact finding rulings. all, imo
icon url

bet0001970

02/08/11 7:22 AM

#275593 RE: fsshon #275491

Fish,

I have really have no idea what this judge will do, but if she does rule positively for 2004 discovery, I'm guessing it will be limited. That won't matter, however. The Feds will get Tepper's jewels in a vice grip and he will hand over whatever carcass he has to in order to save his own silly skin. Will it be Weil? Alvarez? Someone will go down with him. So the judge can't protect anyone.

I'm not so sure she'll certify the appeal. I think she'll stall. It would be her best option. If she can kill this plan by allowing Susman to sabotage the Note Holders...the appeal becomes legally "moot".

As far as the Hoffman situation goes, I don't think she has much of a choice. Her entire reason for keeping that doc sealed was privilege. Brown destroyed it in his latest filing. So unless she can prove that third parties weren't present (which we're all pretty sure they were), during that in camera hearing...she's toast. Heck, like I said before, Brown could even stand up in court today and allude to the fact that there are witnesses in the courtroom who could attest to the parties that entered chambers that day. (Is Ilene around?)


Beth

PS: I just realized I was responding to several posts on this one. So if I said something that didn't address one of your points Fish, just ignore it. Sorry.