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DennyCrane550

03/12/14 6:31 PM

#2396 RE: snowball12 #2395

Agree with silly selling,
it really is light volume painting tape against.
Really nothing going on.
It can be painful/frustrating to watch value swing in the interim, when this truly terrific value.

Still see lots of upside for Syncora.


Meanwhile case against MacQuarie continues to be a battle. From March 7th

-Denny

DECISION + ORDER ON MOTION (Motion# 003)
re: motion no. 003, DECISION + ORDER ON MOTION entered in the office of the County Clerk on March 07(..) Processed 03/07/2014
Court User
Confirmation Notice


https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=qEVl3NI3G9ug7hwXptyDmg==


https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=hO8M/3wIv3JwX2jOTka0Mw==&PageNum=3&narrow=


My Brief summary/take:

MacQuarie tried 3 motions to get
1)Syncora internal emails on AMERICAN ROADS damages,
2)Docs concerning Syncora Traffic Advisors at deal issue
(Denied, but correspondence of Syncora's views of MacQuarie + specifically about retention of advisor Maundell on traffic)
3)2006-7 communications on Syncora's internal financials

ALL were DENIED

Syncora tried 1 cross mostion
2) Docs concerning Maundell + MacQuarie in other bond issuances
DENIED