Spot1Roth dice:
I find this incredibly interesting and anybody who has read my posts knows that I do not trust anybody in a power position with this case. I ONLY judge by their past actions to get a true unbiased opinion and if you want to call that bashing because the facts are not to your liking, so be it. During the entire twenty nine months in bankruptcy, this entire process of chapter 11 has been so embarrassing, convoluted, corrupt, misguided and nothing but throwing all of those people who defended the US Constitution under the bus. For those who are knowingly doing this for personal gain, I do know one thing for sure. There is a “higher power” that you will have to answer to and when that time comes, I for one would have no pity on anyone who went down this path and now for the great news the way I see it.
Looking at all of the decisions for Rosie, it would appear totally one sided. Keep in mind the EC was kept out of this case for the first fourteen months whether by design or other. I want to reiterate how important the decision was by the Judge to turn this POR down whether she wanted to or not. We could be fighting the uphill battle on this alone and our equity would be most assuredly wiped out or trading at one quarter of one penny. There is no doubt this US Federal Bankruptcy Judge is nothing more than the equivalent of a corporate executive of a major US corporation. With that said, she gave everything that FDIC/JPM stole to them with basically no proof and no questions ask which totals including claims of over two hundred billion POTENTIAL dollars. Why we she do this? I believe that is quite obvious and the way they are playing this VERY corrupt game, this has the potential to blow up big time and I am hoping and praying that it does before it is too late for the honest people of the world involved here.
Now for where the Judge cut the water fall off for the criminals. I believe as any human being would, this Judge even though she cannot show it, is very upset with this process as she was expecting a settlement from the criminals that stole everything. The Judge would at least think they could take some of the money they stole and make this go away, so she does not have to continue this obviously, embarrassing, criminal activity for the perpetrators. So the Judge without throwing the Government under the bus, left the trail of insider trading which Susman has seized up on and this is where the ‘water fall’ ends for the criminals. One can look at this as brilliant or other from the Judge, since she is under enormous pressure from the criminals or look at this as extremely positive. The Judge posited on the ten billion dollars for the new entity of WMRRC and this just happens to coincide with the actual worth of between thirty and thirty billion dollars of various taxe attributes. With the Judge approving discovery for the EC involving insider trading, if one wants to give the Judge ANY credit, this is what the Judges plans on giving to the EC as opposed to the criminals. In light these actions, the Judge's actions make extreme sense. I again reiterate the importance of Susman’s 3/9/2011 filing which I think WILL impress ALL WaMu longs and here is looking to an EXTREMELY positive upcoming week!