Replies to post #3583 on Dime Bancorp Inc (fka DIMEQ)

[philipmax]

Thanks MrchntDeth, for shedding some light on the voting qualifications.

I am wondering why we should have to vote right now. No one knows When the distribution will be made and What will constitute the capitalization of the new bank (WMI?). Who will be in charge? etc. etc...
Seems to me if Rosen wants us to lock up our positions in a blackout, then he should offer some financial incentives to do so. Say $.25 additional consideration if you lock-up. Otherwise, it seem suicidal to lock-up our position and possibly end up with nothing but air.
Isn't it a little too early in game to force us to give up some very important ammunition to force a favorable settlement to us. By exonerating the thieves at JPM,FDIC & WAMU and their Attorneys from criminal charges is giving a "get-out-of-jail" card for nothing.

[Spiegs]

Thanks David, I appreciate the clarification. I assume the mediation is ongoing, and if that doesn't work the trial begins in September?