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Washington Mutual demanda a la FDIC por 17 billones US$ + daños

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Washington Mutual demanda a la FDIC por 17 billones US$ + daños
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Washington Mutual demanda a la FDIC por 17 billones US$ + daños
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#11273

Re: GAME OVER TODO FUE UN ENGAÑO

$170 mill.=valor de mercado actual de WAMUQ
Hace 2 años= $17 bill.
Hace 3 años= $75 bill.

Parece mentira. Vaya forma más barata que tienen los yanquis de adquirir grandes empresas.

Ya vale más el papel donde se recoge el título de las acciones que el propio título.

La verdad es que si comprara 100.000 títulos de WAMUQ ahora y terminan valiendo $0,0001, yo pediré que me envíen los certificados de mis títulos a casa, para utilizarlos como papel borrador o venderlos para reciclarlos, jajaja... Qué fuerte me parece todo esto.... Lamentable... Y lo peor de todo es que no se puede hacer nada.

#11274

Re: GAME OVER TODO FUE UN ENGAÑO

Evidentemente si la juez aprueba el POR la accion acabaria en el rango que comentas posiblemente en 0,02, comprar entonces no tiene sentido. No sabemos a cuanto puede caer si la FDIC firma el POR. Estas son las 2 posibilidades que se pueden presentar.
Por otra parte ahora esta en 0,10 y no sabemos hasta donde caerá.
Si hay noticias positivas como la mocion del examiner deberian subir o la negativa de la FDIC a firmar el POR.

#11275

Re: Susman

Es este nuestro abogado??
si es me quedo un poco mas tranquila
TEPHEN D. SUSMAN, P.C., born Houston, Texas; admitted to bar, 1965, Texas; 1999, District of Columbia; 2000, New York; 2002, Colorado.

Stephen Susman is among a small group included in The Best Lawyers in America for 25 years and most recently, he has been recognized for two consecutive years by Who's Who Legal: The International Who's Who of Business Lawyers as the 2006 and 2007 Leading Commercial Litigator in the World. Who's Who Legal: Texas 2007 has also acknowledged Susman in both the Commercial Litigation and Unfair Competition categories. He was featured in The National Law Journal 's June 5, 2006 issue as one of the nation's top 10 litigators. Texas Super Lawyers has named him as one of the top 10 lawyers in Texas in 2003-2009. Susman was listed in the 2008 Lawdragon 500 Leading Lawyers in America with the comment: "This legendary litigator is hot when it comes to global warming suits, getting TXU reforms for 37 Texas cities and representing an Inuit tribe whose home was lost to environmental changes. The January 20, 2010 article in The Business Insider, Law Review, listed Susman as one of the eleven lawyers you definitely do no want to see across the aisle. Click here to view the article. "Susman was also featured in a February 2008 article in the ABA Journal The G-Man- A week in the life of a $1,000-per hour lawyer." Jury consultant, Don Vinson, in his book, America's Top Trial Lawyers, ranks Susman among the 14 best trial lawyers in the United States. International Commercial Litigation's worldwide poll of lawyers ranked Susman as the Litigator of the Year for 1997 and the top litigator in the United States in 1996. [Click here to see references, list of trials, or letters of recommendation from clients.] Susman's landmark victory as a plaintiff's attorney came in 1980 with an award of more than $550 million to victims of a nationwide price-fixing conspiracy, the largest jury verdict of its time. He has since represented both plaintiffs and defendants such as Northrop in its suit against McDonnell Douglas over the F-18 jet fighter, Speaker Jim Wright (cover of New York Times, May 24, 1989) in his ethics battle, the Hunt brothers (New York Times Magazine) in the largest lender liability case in history, and the state of Arkansas in a milk price-fixing case.

Susman represents both plaintiffs and defendants pursuant to fee arrangements that compensate him for results, not effort. In March 2005, he successfully obtained a jury verdict in an antitrust treble damage action for Masimo against Tyco in federal court in Los Angeles. Immediately prior to that, he served as lead counsel to 93 financial institutions suing PwC for errors it made in the audits of a borrower, Safety-Kleen. That case was settled the day it was scheduled to go to trial before a jury in state court in Atlanta. Susman has successfully defended Clear Channel in an antitrust case in Miami and Little Caesar's in an antitrust case in Detroit. Other former clients include: Medtronic, Ericsson, Hughes Electronics, Northrop, Decker Coal, and Amerisource Bergen. In 1999, he successfully tried the longest civil jury trial ever held in Detroit, Michigan, and was co-lead counsel in the Vitamins Antitrust case that settled for over $1 billion. In 2000, he successfully settled a mammoth antitrust case against Microsoft on the eve of trial in Salt Lake City. Susman is currently representing the plaintiffs in numerous patent infringement cases and two monopolization cases, one in New York and one in Kentucky.

Susman has recently become a pioneer in global warming litigation. He has completed a successful representation of a coalition of 37 Texas cities opposing the permitting of coal-fired electric generating plants by TXU. This case garnered Susman Godfrey the National Law Journal's 2008 Pro Bono Award as well as being featured in Robert Redford's Sundance Preserve documentary Fighting Goliath â€" Texas Coal Wars. The new purchasers of TXU have agreed to suspend all the permit application that Susman was opposing. The Mayor of Dallas had this to say about Susman's efforts: "Without Susman Godfrey, we would never have gotten the result that we did, with TXU withdrawing permit applications, for all eight units that the coalition challenged. The aggressive, relentless, and comprehensive legal work that was done on this case in record time caused TXU to have to rethink its environmentally unfriendly plan. What Steve Susman and his team did will be remembered by the utility industry for a long time to come: people in this country will no longer accept the construction of dirty, old-technology, coal-fired power plants. Not even in Texas. Susman taught a Climate Change Litigation course at the University of Houston Law School and has frequently lectured on the subject for the ABA, BNA, University of Texas and Stanford. He is currently counsel to an Inuit tribe that has lost its home because of global warming. View Houston Business Journal article regarding the Kivalina suit against 24 energy companies in global warming litigation.

A native Houstonian from a highly respected family of lawyers, Susman worked his way through Yale University, graduating magna cum laude. Returning to his home state and the University of Texas Law School, he was Editor-in-Chief of the Law Review and graduated first in his class, with the highest grade point average in the school's history.

After serving as law clerk to The Honorable John R. Brown of the Fifth Circuit Court of Appeals, Susman clerked for the United States Supreme Court. A recent biography of then Justice Hugo Black states that Susman was the first law clerk whom Black trusted to draft opinions for him. In his early career path, Susman joined a large Houston firm and became a partner, took a year's leave of absence to teach law at the University of Texas, and hit on the magic niche that led to a new style of law practice representing plaintiffs in complex commercial disputes. In 1980, he founded Susman Godfrey, the first firm in this part of the country to limit its specialty to commercial litigation. Susman Godfrey has more than 80 lawyers in offices in Houston, Dallas, Seattle, Los Angeles, and New York. In 2005, the firm was chosen by the American Lawyer as one of the top two litigation boutiques in the country.

As further testimony to Susman's affecting style, in 1994, four of the best trial lawyers in the country were selected to compete in the "Best of the Best Shoot-Out" at the Litigation Section of the American Bar Association's annual meeting. After final arguments by each top lawyer, the 30 person jury voted unanimously for Susman as the most persuasive. Susman has also been portrayed in John Jenkins' best seller, The Litigators, and in 1995, Texas Lawyer placed him among the ten "whose actions had the greatest impact on the Texas legal profession from 1985 to 1995." Business Week has called him "a lion of the Texas Bar"; Town & Country, "the Houston courtroom gladiator best known nationally"; the Houston Business Journal, "the reigning prince of Houston business litigators."

Although the stakes are high and the challenges immense in his private practice, that doesn't stop Susman from tirelessly pursuing issues of justice and reform. Teaching lawyers around the world effective advocacy, instituting reforms in the civil justice system, and through ABA Task Forces on which he serves, improving jury comprehension, streamlining class actions, and promoting efficient trials are top priorities in his dedication to law. Currently chairman of the Discovery Subcommittee of the Texas Supreme Court's Advisory Committee, Susman has been instrumental in discovery rule revision, tantamount to making trials quicker and less expensive. A board-certified civil trial specialist, Susman is a member of the American Board of Trial Advocates.

EDUCATION

* Yale University (B.A., magna cum laude, 1962)
* University of Texas (J.D., with highest honors, 1965)

HONORS & DISTINCTIONS

* Fraternities: Phi Delta Phi; Order of the Coif; Chancellors, Grand Chancellor; Phi Kappa Phi
* Friars Society
* Editor-in-Chief, Texas Law Review, 1964-65
* Law Clerk to The Honorable John R. Brown, United States Court of Appeals, Fifth Circuit, 1965-66
* Law Clerk to Justice Hugo L. Black, United States Supreme Court, 1966-67
* Visiting Professor of Law, University of Texas, 1975
* Special Counsel to Attorney General of Texas, 1975
* Editor: "ABA Civil Antitrust Jury Instructions" 1985
* Board Certified, Civil Trial Law, Texas Board of Legal Specialization, 1978
* University of Texas School of Law Outstanding Alumnus 2001
* Distinguished Counselor Award from the Antitrust and Business Litigation Section of the State Bar of Texas (2005)
* Recognized in Who's Who Legal: Texas 2007 and 2008 as a pre-eminent lawyer in the areas of commercial litigation and competition.
* Recognized in Chambers Global Guide: The World's Leading Lawyers as Leader in Their Field in 2007 & 2008.
* Recognized as a Lawdragon 500 - Leading Lawyer in America (2006-2008)
* Recognized in Best Lawyers in two categories: "Bet the Company" lawyers and commercial litigation (2008)
* Recognized in BENCHMARK Litigation Guide as one of America's Leading Litigation Attorneys (2009)

PROFESSIONAL AFFILIATIONS

* State Bar of Texas (Chairman, Section on Antitrust and Trade Regulation, 1976-77)
* District of Columbia Bar Association
* New York Bar Association
* Colorado Bar Association
* American Bar Association, Current member of the Commission on Impact of the Economic Crisis on the Profession and Legal Needs, Section of Antitrust Law (member of Council, 1989-91), Section of Litigation (current co-chair of the Fellows Program, current member of Trial Advisory Board and Federal Practice Task Force, former co-chair of Task Force on Training the Advocate, chairman of Task Force on Fast Track Litigation,and member of Committee to Improve Jury Comprehension), and Section of Intellectual Property
* American Law Institute
* Editorial Advisory Board, BNA Civil RICO Reporter
* Advisory Board, University of Texas School of Law's Review of Litigation
* Texas Supreme Court Advisory Committee
* Director of Texas Association of Civil Trial and Appellate Specialists
* American Board of Trial Advocates
* Director of the University of Houston Law Foundation
* Charter Member of the Institute for Responsible Dispute Resolution
* Texas Supreme Court's Task Force on Civil Litigation Improvements
* National Council of Human Rights First
* Board of Lawyers' Committee for Civil Rights under Law of Texas
* MD Anderson University Cancer Foundation Board of Visitors
* The University of Texas Health Science Center Development Board
* The University of Texas Development Board
* American Intellectual Property Law Association
* Houston Intellectual Property Law Association
* The New York Intellectual Property Law Association
* Member, Warren Burger Society
* Board Member, American Constitution Society
* Leadership Council of the Yale School of Forestry & Environmental Studies

http://www.susmangodfrey.com/?id=146

And look at his firm's fee arrangement:

We not only live by our results.
We thrive on them.
So do our clients.

Susman Godfrey pioneered the use of fee arrangements that are based on results rather than billable hours, and we built one of the top commercial litigation boutiques in the country while doing it. Our lifelong embrace of alternative fee structures shapes every aspect of our business model and culture. Less than a quarter of our revenue in 2008 derived from hourly fees.

SHARING RISKS WITH OUR CLIENTS AND THRIVING ON PERFORMANCE

We have employed a wide variety of alternative fee arrangements, including:

* fully contingent fees for plaintiffs – no fees until victory
* flat fees for plaintiffs and defendants – a lump sum payment or monthly fixed fee payments for the life of the case
* hybrid fees for plaintiffs – a smaller flat fee with a contingent component
* hybrid fees for defendants – a smaller flat fee with a contingent component in case of success, either measured against our client's potential exposure or paid as a lump sum success fee based on an agreed benchmark

#11276

Re: Susman

Ese es nuestro abogado
pero gae71, no te quedes tranquila, porque aca no pasa por buenos abogados, sino por decisiones politicas desde la casa blanca
podriamos tener a superman y batman juntos, pero si la bajada de linea es cerrar el caso (o sea FDIC que firme el POR), no nos salva ni la liga de los superheroes

#11277

Re: Susman

No creo que un tipo asi se meta en algo que va a cerrar mal.
o por lo menos quiero crees eso.

#11278

Re: Susman

Un tipo asi se mete por los U$S y despues dice a camara de TV: "cuando entre al caso estaba todo casi cerrado, estuve menos de 2 meses y esto duro 19..... si hubiera estado desde un principio, el resultado habria sido otro, pero me voy con la conciencia tranquila de haber hecho lo imposible frente frente a un gigante de los interes corporativos como JPM y una jueza que no concedio nada de lo que pedimos. Asi y todo, las preferentes lograron rescatar algo, aunque sea minimo"
finalmente se da vuelta, y le pregunta a su asistente : "ya depositaste el cheque en mi cuenta?"

#11279

Re: Susman

Pienso como vos. Además, en algún lugar lo leí, que el fuerte de sus ingresos no son los honorarios, sino que muerde de las ganancias que obtenga, va a porcentaje. Se podrá perder, pero abogado tenemos de buena reputación.
Extraño los post de Mr. Simpson que hoy no los vi. ¿Habrá vendido todo?
saludos

#11280

Aun sigo aquí

Lulou:

Yo sigo dentro pero hasta el 26 de mayo poco voy a postear pues no creo que haya mucho que reportar. El foro tiene muy buenos contribuyentes con grandes lecciones aprendidas en estos meses, aquí cada uno tiene su teoría y en tiempos como estos discutimos más que aportamos. Eso a mi me desgasta un poco así que solo te puedo decir que sigo dentro. Mi posición no ha variado 70% preferentes, 30% comunes. ¿cuando va a sonar la flauta? nadie lo sabe, solo se que estas dentro o estas fuera. Los que estan esperando que esto llegue más bajo tienen hasta el 26 de mayo.

Rosen ha dicho que para este viernes la FDIC estaría dentro, yo creo que puede ser otro farol de los muchos que se ha metido hasta ahora, Susman no va a palidecer hasta que vea resultados... igual WAMU es más un tema de instinto que una inversión, yo un abogado con fama de duro que le planta cara a una Juez por un tema en el que objetivamente se pudo equivocar merece mi respeto y por nada despues de 2 años me gustaría por unos pocos miles de acciones que pudiera ganar tradeando o comprando a la baja me voy a quedar fuera en el momento que empiece finalmente a desenmascararse lo que algunos pensamos que ocurrirá.

¿nos equivocaremos? espero que no, pero una cosa tengo clara en la vida para ganar hay que arriesgar.