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ItsMyOption

01/25/12 10:11 PM

#6361 RE: fbrutus #6360

There may be a reason why council did not file motion to intervene - read this objection could be conflict of interest.

We just need to get this out of JMW's court as she is inept or also in conflict.


Objection of Behjamin Bush to the Stipulation and Agreement Between the Debtors and Class Representatives of the LTW Holders

http://www.kccllc.net/documents/0812229/0812229120125000000000012.pdf
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philipmax

01/25/12 10:17 PM

#6362 RE: fbrutus #6360

The urgency is here to get it in before 4:00 PM 1/25/12.

Secondly, The Federal case has always been handled by Jones Day & Co.

I've listened in a few times (way back) and found them head and shoulders above FDIC.

But then again, Steinberg was head and shoulder above Wiley Coyote and he still lost.

The difference is that Judge Block interjects and doesn't let b/s get into his Court.

The answer is, some one will get to his Court as well.

Still miffed that the professional lawyers are staying clear of this whole mess since one week before MFW issued ruling.
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linda1

01/26/12 12:02 PM

#6368 RE: fbrutus #6360




I think because the unexpected GSA - which sold the Anchor Litigation to JPM - and the omission of the LTW Holders from the initial POR set the stage for a Claim against WMI.



The Obligor is WMI in the Warrant Agreement and Prospectus and so I think it would be more difficult arguing the LTW Holders' Claim in Judge Block's Court without WMI having intervened in the Anchor Litigation as a party in interest.