España
Ya lo ves Simpson estas acciones son mas peligrosas que apostar en el Casino, despues del rechazo del POR subidas del 40% en Alemania a estas horas, si la Juez llega a confirmarlo hubiesen perdido casi todo su valor.
Page 71: "Based on the record developed, the Court finds that the conduct of the Settlement Noteholders does not mean that the Plan was proposed in bad faith. Despite allegations of insider trading by the Settlement Noteholders, the Court is unconvinced that their actions had a negative impact on the Plan or tainted the GSA.
Rather, the actions of the Settlement Noteholders appear to have helped increase the Debtor's estates.... etc,,etc..."
ND9
Para el 7 de Octubre ya veremos que nuevas sorpresas nos depara esta espera con un POR rechazado... Rosen tendrá que prsentar POR 7 que incluya a la equidad.
Esa es la recompensa de los valientes y de los que siempre han luchado por este valor a pesar de tener que escuchar día tras otro el discurso catastrofista de algunos.
None of the money changes hands until there is a Plan of Reorganization that is confirmed by the bankruptcy court...so yes, the judge did not throw out the GSA in the opinion denying confirmation but the judge denied the plan (twice now) that embodied that plan and the second denial is more severe than the first denial in that there are major changes that need to be made to create a POR that the court (or at least THJMW) would confirm. If you are the debtors you cannot just tweak POR v6 again to create a confirmable plan. A new POR needs to redistribute the new assets created by the FJR, the increased valuation of newco, the NOL value of an acquisition by newco, and the potential recovery by the EC proceeding with the litigation that the court approved as well as the time that that will require. So...a new plan will be a lot different. Most importantly, though, is that the EC will need to be at the table due to the EC's litigation to recover against the holders of a significant portion of the WMI debt. The old GSA was negotiated by the SNHs to create a quick resolution and distribution of the estate assets and completely ignored equity. That chapter is now closed. While the court said the old GSA was 'fair and reasonable' the EC did not and wants to see 'more fair and reasonable' before it will give up its new leverage. Remember that JPM was being gifted a lot of estate assets for one reason...to speed up the process for the SNHs. There's no longer a reason to buy off JPM to speed things up. Now the only party left that likes the old GSA is...JPM Chase Bank...and the other parties are not going to care much what they like now. So...strictly speaking the old GSA is alive but practically speaking...it is dead.
So I would like to see a decision on the 4B$ Acount matter and the 5.2B$ of the NOL sitting in the WF acount and ready to be used with simple decision fro the judge.So yes we have a lot of things to fight for and those assets stolen from the JPIGs are really to make a huge case for us.Right now we are in the road to become golden Shares pretty soon.A Apeal for the GSA Shouldmake the trick and delight the spongy for the F and R issue so loved by her.Now is the time to hit the desk and bring athe fire where needs to be brought and Ask how is possible that the WEIL with the A-M with such a huge COI are still in charge of the WAMU case. POR Denied is POR Denied.
En este momento de inflexión en la cotización, es hora de planificar una salida en forma fría. Meditar sobre la ambición particular: ¿puedes salirte por tramos por ejemplo?
Otras veces ha subido y fluctuado de regreso a la baja. Ha ocurrido drásticamente por lo menos unas tres veces en forma memorable. Las subidas han durado poco, así que tal vez sea la hora, si no en su totalidad recoger beneficios, si los hubiere o simplemente recuperarse.
Sí... podrías lamentarlo si se dispara como un cohete pero... entonces estarías manejándote como en la lotería y no aplicando el swing.
Que a nadie le ciegue excesivamente la ambición esta vez.
Desde África con amor. Saludos de los dioses.
Me lo llevo !!!!
Efectivamente Inmigrante, mientras no se sepa algo del nuevo POR van a volver a cazar a todos los largos que se queden esperando.
Chi ching baby !!!!