LG. As you know, this Judge cannot rule on the 4.4B.. It is locked into a GSA she approved, until that GSA is moot or no longer valid, then it [4.4B] is locked. You may see SG submit a "Motion for Clarification" on the court concerning the GSA. Asking the court to inquire if FDIC is going to sign on and asking the court to give the FDIC the ultimatum..
As we know the EC can settle the SNH's side of the litigation and still move forward with the other side. However, the debtors are standing in the way and protecting their GSA.
We will see soon..
No Judge in their right mind, would ever let a company of this size, scope and magnitude.. Exit BK without a proper accounting of the "remaining" assets (Post-GSA) and an Outstanding and Authorized share reduction.. You're kidding yourself if you think we exit with 1.72B in O/S and 3B in A/S.. HA HA HA.. No way LG, not gonna happen.. Most likely we see a 10-1.. That is what I am hearing (in my head)!!!
There will be a Litigation Trust left and they can go after the criminals with the deep poclkets. FDCI-C and JPM (Corp) can not legally be released in the POR and this court has already said "she does not have the jurisdiction" over them. So we have to have a LT to go after them LG.
Hows that?
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