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Large Green

08/19/11 6:41 PM

#329620 RE: boarddork #329616

Boardork, now that is a FIVE star post but the problem is this Judge has NOT even as much as warned anybody for all of this illegal behavior. Now do not get me wrong, I would NEVER let one person decide MY FATE, knowing how guilty I am. JPM threw Rosie and the Hedgies under the bus and now they may NOT be able to settle on their own without JPM. However, there is one action that I am very troubled with.

That is if Rosie does NOT know a predetermined outcome from the court, how could Rosie continue to expose Weasel/Gotcha/Mangle to billions upon billions of dollars in malpractice claims, fraud and more? It would seem he would make POR 7 to include Equity or pull WMI out of the Global Settlement by the end of 8/24/2011 due to the possibility that Walrath COULD rule from the bench immediately following oral hearings. He has to know there is no way LEGALLY that this Judge could approve this travesty, so HOW could he make that kind of gamble? This is very telling and extremely troubling for me to get out of my mind.
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Bizreader

08/19/11 6:55 PM

#329624 RE: boarddork #329616

Collectively and individually we, as individual investors, have less to lose and more to gain, respectively or relative to our incomes, than the lawyers, bankers and financing system managers.

This makes us stronger in a way... as individuals we can bring more pressure with risk spread out over many of us.

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daisyxu

08/19/11 11:24 PM

#329650 RE: boarddork #329616

well said...

the number that sg wants for this to settle is a doosey.

i can't wait for this case to go to dc and witness sg swing their military pick deep into debtor/jpm/fdic's skulls.