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

Pues pido perdon si he ofendido a alguien,no deja de ser una valvula de escape comentarlo,a modo de chascarrillo,es una manera de alienarnos de la realidad que es muy jodido que menos que algo de cachondeo

The ORIGINAL examiner motion is being appealed, among other reasons, that THJMW wants a ruling for future BK cases on the "shall" vs. "as is appropriate" part of the statute. That denined examiner motion is proceeding to the 3rd circuit.

This DOES NOT preclude a NEW Examiner motion, based on the most recent facts. In fact, THJMW hinted at this, and the EC attorney said he WOULD be filing a new Examiner motion.

For conceptual purposes, while both are motions for an Examiner, the facts behind the motions will be different. Therefore, they are NOT IDENTICAL motions, and can each proceed independently of each other.

And they will proceed independently. There is no need to withdraw the old one, in fact THJMW doesn't want the old one withdrawn.

She just wants to see a NEW one. And the EC will oblige her.

The open question is when. It is likely not to occur until after the "Meet and Confer" because it is the M&C and Rosen's opposition to turnover of docs that will be the basis of the NEW Examiner motion.

Podiamos empezar a ser un poquito serios en el foro, ya que hemos sufrido juntos subidas a los cielos y bajadas a los infiernos, y sabe dios las que nos pueden quedar.

Una bromita, pasa, pero ya es ponerse un poco pesados con lo que os plantea ptolomeo, y tiene razón.

Los futuros adjetivos cuando las cosas no vayan bien, pues también os los debeis de pensar un poquito antes de desbocaros.

Y por último y sin ánimo de tocar los huevines, no largueis tan rápido las campanas al vuelo, todas las razones que se plantean aquí no son más que especulaciones y conclusiones que cada uno sacamos, y como ya he dicho, no conocemos de la misa la media ninguno.

Esto nos puede dar más sustos que un vitorino. Yo me voy a apuntar, si pasa de los 0,25 a stop loss cortitos, lo más que puede ocurrirme es que pegue un barrido y me quede fuera cuando empiece la subida que lleve a las comúnes a los 56 dólares (atención, es ironia), pero no estoy dispuesto a que se me quede la cara que se me quedó en la bajada de los 0,70 otra vez. No es un consejo, es simplemente lo que voy a hacer.

"Ca uno, es ca uno", suerte y disfrutemos de los momentos en verde.

Un saludo a todos/as

Es que seria durisimo que nos diera l valor de recuperar o de ganar segun el caso y volver a ver como se desploman seria seguramente mas terrible eso a que los market makers se quedaran las acciones por los stops y subieran hasta los 40$ (mode irony on)

http://wamuq.yolasite.com/misc-crapola.php

Yo ya le he dado un par de buenas patadas en el culo a Rosen !!!!!!! :)

Que buenooo!!! No veas como relajaaaa!!!

These are the people that enabled Weil to pretend there was no hope for equity.. they're the restructuring firm and are supposed to be elbow deep in the effort to maximize value for the estate. however, *their* objective is to maximize returns for the creditors, full stop.

here's a brief piece on who they are, what they're doing here:
http://www.seattlepi.com/business/383906_bizbriefs18.html
Washington Mutual Inc. said several executive officers have left the company. The holding company's main asset, WaMu's banking operations, were taken over by federal regulators and sold, and the parent company is now in bankruptcy court.

The holding company said in a Securities and Exchange Commission filing Friday that it removed Melissa Ballenger, controller, and Tom Casey, chief financial officer. Steve Rotella, president and chief operating officer, resigned Oct. 3. Washington Mutual is retaining Chief Executive Alan Fishman and chief legal officer Stewart Landefeld. It has named William Kosturos president, vice president, general auditor, controller, chief financial officer, treasurer and chief restructuring officer.

here's why they are only interested in the creditors..
http://dealbook.blogs.nytimes.com/2010/05/03/who-knew-bankruptcy-paid-so-well/
"“The money that’s going to the creditors is my money,” he [Marsal] says, pointing out that he’s aligned with the creditors’ goals. That’s because, at the end of the case, Mr. Marsal’s firm will receive an incentive fee that is based on a percentage of the money returned to creditors."

in other words, once they've maximized the return for the creditors, they've maximized their incentive fee.. think about that.

some video: scroll to the 17:30 mark

http://www.calculatedriskblog.com/2009/0...

rosen gets a lot of flack for being audible/visible in the courtroom, but these guys are, imo, 50%+ of the *real* problem. if they did their job, we would have PRs from the company about the restructuring effort, complete lists of subs and their subs and their subs and assets an liabilities for all, etc etc etc

these guys should be the target of clawbacks as well, imo.

https://www.cortalconsors.de

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