Still blown away that Gropper had the arrogance (and/or stupidity) to say he didn't think the investing public would care to know the negotiations between the debtors and JPMC...
I absolutely agree! And the manner in which Parker twice expressed his incredulity over the statement was so forcefully done as to make it impossible for Walrath not to take note of it.
I don't think in this case it is arrogance or stupidity, it's CYA all the way, his whole attitude is try to minimize the importance of any info we prove they had...and the trades are trades, the ticker doesn't lie.
speaking of tickers, i'd expect this one to be making a few up ticks in the near future...
jack...it's not only that...there was an agreement that was not public knowledge that JPM was returning the 4.1B to WMI...but in public filings that JPM was seeking the 4.1B....
please correct me if I'm wrong in what transpired there...