Fred, you have a very good thought process with this case. I have limited information and following on this case, as I have been involved with WaMu as a preseizure holder and then a post seizure holder/buyer and current buyer of WMIH. I know one cannot compare apples and oranges but there is one thing that concens me greatly with the UWBKQ case.
That is these people (Judges, Courts, FDIC,OTS & other) are all Government employees/hierarchy and it seems to me they all stick together. The Government is as guilty as sin in this UWBKQ, but it scares me that this Judge will be forced behind closed doors to give Big Government the win as they in the WaMu case. As you said, giving the win to the Shareowners or UWBKQ would set a precedent and even though they are guilty, I am afraid the court will throw the case as they did in WaMu and other cases.
I do not have very much invested here and I would like to purchase more but I may be snake bitten after watching multiple crimes, fraud/corruption from the highest in U.S. Government on down for the last four years in the WaMu case. This is truly heartbreaking for our society and the our future children and there is no wonder why the WaMu case has been totally blacked out worldwide for four years and counting! I wish all 'true longs' the very best and the win SHOULD BE for UWBKQ!!!
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