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11/17/11 8:55 PM

#345209 RE: wamuvoodoo #345206

Oh, they can settle..................just as long as they don't give'em any releases. Then use the settlement to fund the trial!

jack ,i hope they didn't settle .i was hoping this would of gone to a trial ,and have em all buried

jackfburns

11/17/11 9:20 PM

#345212 RE: wamuvoodoo #345206

There is always a risk we could lose in an IT trial against the SNHs. Yes, we've got a great case - but it IS possible we could lose. A settlement ensures recovery; going to trial does not. Kind of "a bird in the hand" type thing.

I, for one, would like a "bird in the hand", especially if it starts with preferreds getting upwards of 10-20%, and equity in the new company for Prefs and Commons.

And a litigation fund to go balls-out against JPM for more dough.

GLTA

Jack

wangwang

11/18/11 3:37 AM

#345253 RE: wamuvoodoo #345206

SAME