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

¿por que siempre TPS realiza mejores objecciones y parece qeu lucha mas que Susman? TPS parece estar por encima del EC a la hora de luchar por algo en el reparto

Manzana: Siempre te contesto a tus preguntas pero a veces parece que no pillas las cosas.

TPS + Susman + UST = Fin del POR

Susman solo quiere una cosa... LITIGAR (es su especialidad), lo suyo no es presentar super mociones, lo suyo es apabullar en directo (hablamos del Jefe no de Nelson o Sargent) en el cara a cara frente a la Juez así que lleva este caso hacia la vía del litigio:

¿que espera primero? yo diría que el fin del POR 6 en el Hearing 1 Diciembre, después vendran

1) Hearing Valoraciones (Donde una vez JPM diga lo que compró y valor de cada activo espera sacar la artillería pesada y presentar nuestros números y por consiguiente nuestro POR altermativo)

2)Litigio abierto con jurado donde espera destrozar a nuestros oponentes con unas sumas que pueden pasar a la historia en el mundo de la abogacía en USA.

3) Nuestros adversarios deberian sacar la bandera blanca cuando Dimon y Sheila Bair tengan que declarar, hasta ese momento seguiran enriqueciendose con nuestro dinero pero eso a su vez hará que el precio final que deban pagar suba.

4) Kosturos ha cometido un fallo y hay mucho más de lo que salta a la vista en su respuesta a la corte posterior a su declaración.

Conflicto de intereses por todos lados (informe examiner, Kosturos...)

5) Por último Rosen parece que le está pidiendo a la Juez con su Loco-moción que nombre un Trustee (de esa manera ellos no pierden el control del caso), porque... si no hay dinero...

¿de donde cojones pretenden sacar ahora otros $10 Billones que se dice pronto? Es la locura transitoria de Rosen en un día en el que le han dado por todos lados.

http://www.kccllc.net/documents/0812229/0812229101119000000000055.pdf

Lo que le faltaba a Rosen

Rotella is asking the court to deny POR confirmation to the extent that his own skin remains intact and that the debtors don't touch him for any/every action he might have taken during his 3 years' service with debtors. Obviously,debtors propose to hold him liable for something he might have done.

Watch the DUAL STAND of the debtors: debtors are proposing to give releases to crooks like FDIC and JPM and whosoever harmed WAMU,and there many falling in that category,but debtors propose to hold Rotella liable for something he might have done/not done. I know Rotella was JPM's mole,but this dual,discriminatory treatment to two crooks committing almost similar crimes,is not understandable. And the debtors have the cheek to say that to the judge,who may not read either this or that.
Not bad from equity's angle. So long as the POR is kicked out by the court and a stronger kick is given to Rosen,I won't mind giving indemnity to Rotella---still a poor,small mole as compared to his handlers.

Ostia, ya empiezan a morderse unos a otros...

Este (Rotella) es un insider así que si se opone al POR y van a por él, es probable que empiece a largar mierda... (y este puede, porque tiene conocimientos de primera mano)

De momento pinta bien, pero no llamemos al optimismo desmesurado... simplemente se está siguiendo el plan previsto y no nos están dejando tirados en la cuneta que es lo que (yo también) nos temíamos.

Espero que Susman llegue a juicio con jurado para destrozarlos a todos. Si es un abogado del top 10 en USA, no lo es por casualidad. Si no da pistas de las valoraciones, es para que el enemigo no sepa qué es lo que sabe y qué es lo que no, y soltarlo en medio del juicio haciendo que a los debtors se les quede la cara de bobos. Cara de estúpidos hijos de puta bobos.

Vaya otra vez se me ha ido el teclado... debo de tener un virus o algo.

I read about a third of it last night and just finished reading the rest. If this doesn't totally decimate Rosebud's scheme, then IDK what will. They also effectively neutralized Hackberg, his entire production is nothing more than hearsay (clawback time?) They hammered on the blatant and impermissible COI's involving Weil/JPM/QE, there is no legal way Weil should have negotiated ANYTHING whatsoever.

As for the conditional exchange event, there is no record of it occurring either pre, post, or the day of seizure. WMI can't just gift $4 billion to JPM for a paltry $50 million. Their trial is going to bring the WMB solvency/insolvency and ultimately the fraudulent conveyance question directly into broad sunlight as well as potentially many other hidden assets.

I just can't see why the adversaries are risking so much when everyone can see that they are cornered with no way out except a REAL settlement. All of the chicanery that this group of bandits have used in the past to kill stakeholders is now transparent and/or anticipated. This juggernaut of a filing by the TPS guys is IMHO going to render the previously lucrative "Kmart blueprint" obsolete.

Lastly, I must admit that seeing the following named as recipients on the last 2 pages of this filing actually made me feel a little warm and fuzzy inside:

US Attorneys Office
Ellen W Slights
1007 N Orange St Ste 700
PO Box 2046
Wilmington, DE 19899-2046

US Department of Justice
Jan M Geht Trial Attorney Tax Division
PO Box 227
Washington, DC 20044

US Attorney General US Department of
Justice
Michael Mukasey
950 Pennsylvania Ave NW
Washington, DC 20530-0001

JPM obviously thought it was protected through Weil, and Weil obviously thought its protection was Quinn as a figleaf to conceal conflicts. This objection blows that whole scheme out of the water with full exposure for all conspirators. It will probably be worst for Weil because if the court agrees with Brown Rudnick Weil's lawyers will be in danger of discipline and criminal charges (stemming from doctoring those MORs and bankruptcy fraud of various types, among the most likely charges), but a trustee would be necessary to manage the estate's affairs.

JPM can buy its way out by paying off the TPS, which it will whether by settlement or judgment. Once that happens the position of WMI preferreds is changed and the bondholders are no longer running the show. (I would expect Rosen has already prepared the hedge funds controlling WMI's bonds for the worst, and they would have obtained their respective limits of preferreds (and, perhaps, common) by now.)

I expect that TPS wil be mollified before Dec. 1st. (JPM would be crazy to litigate against TPS in open court as Brown Rudnick has shown no respect for its lofty status.) JPM, with its own $, will pay off TPS, and when that happens things may get very volatile with WMI equities as (JPM can't pay off TPS in secret; it must file a 8-K) TPS' removal as a liability to WMI will, given the forthcoming '$6.1 billion - $6.8 billion' WMI mentioned in its response to the Hoffman letter, put preferreds in the money.

http://www.kccllc.net/documents/0812229/0812229101119000000000066.pdf

Bravo!!! ahora que la Juez no saque el martillo, que como siga así se lo vamos a quitar para darle mamporrazos a los Debtors :)

http://www.freebase.com/view/en/washington_mutual/-/organization/organization/child

Cuando se conozca el valor de todos estos activos veremos que A > P por muchos Billones. Mientras a esperar ese día, ahora nos toca tumbar el POR 6.

Si Rosen cuando llegue el momento no habla o dota de valor a estas subsidiarias estará cometiendo Fraude así que yo tengo paciencia para esperar que llegue ese día. Creo que peor no se puede estar en cuanto al precio de la acción pero las mociones presentadas deberian ser garantía suficiente para darle la vuelta a la tortilla.