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xoom

11/11/12 12:29 AM

#376842 RE: sidedraft #376841

Interesting to say the least :)
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continuity

11/11/12 1:36 AM

#376843 RE: sidedraft #376841

It could be a move by LT to speed things up since WGM sucks... hope that is the case.
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wamugold

11/11/12 4:40 AM

#376846 RE: sidedraft #376841

Anyone knows who represents the WMI trust? I hope is Kosturos trying to get rid of WGM and Rosen. If that is the case this is very good news...
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PickStocks

11/11/12 11:39 AM

#376854 RE: sidedraft #376841

Lets think about this one, LTI is now the Plaintiffs, does this mean we lose more money or do we move up the ladder, if we win........
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Bizreader

11/11/12 2:55 PM

#376864 RE: sidedraft #376841

In my opinion, we stock holders have obtained the most beneficial position we could expect by simply investing money in this stock 3 or 4 years ago.

Now, the natural course is to "follow the money".

This FDIC guy, Shoppe, filed this insight into how f'd up the seizure and sale was from the inside: http://www.scribd.com/doc/112497024/Kelley-Case-Shoppe-Affidavit-2012-11-05-Case

Sheila Bair didn't say anything about this in her book, did she?

Amazing that a "deal" could go so well in her opinion, and so wrong a the very root of the deal: the written agreement spelling out what was sold!

Anyway, follow the money -- holding long.