Replies to post #36201 on Washington Mutual Preferred fka WAMPQ

[marayatano]

The "final ruling" is not on Wednesday. Maybe a Wednesday in September, but certainly not in August. eom

[mordicai]

I doubt if you will get any ruling from Walrath on the 24th. Minimum three weeks from then for her written opinion imho. I don't think she wanted oral arguments, so I would expect her to ask very few questions of those arguing. I could see her point blank asking the hedge funds, why wasn't this information material? But I don't expect any fireworks. Contrary to what we will hear on these boards, she will not show her hand. There are solid arguments against confirmation on many fronts. Stern has thrown a stick into the spokes of Rozen's plan. Whatever she rules, there will be a hearing at the appellate level and equitable mootness is no longer a threat imho.

[NASCOW]

oh i don't know, some might be in it for the money; if she does not approve the POR I can see $70-100 plus until some analysis gives a heading