Es muy probable que la Juez va a dejar que el GSA se desmorone solo porque Debtor/Rosen/timadores necesitaran el apoyo del EC/Susman a partir de ahora para formular un futuro POR :)
La Juez DENIEGA the POR; Implica a los SNHs ; FJR en vez de contract rates ; Juez quiere una mayor valoración de WMMRC y NOLs.
Resumen: Gracias Juez Walrath!
>> SNHs under the gun as we hoped. They will face very harsh times ahead due to their arrogance and stupidity. Judge is giving the crooks one final chance to appease and settle with EC thru mediation, imo.
>> Rosen/Debtor is "damaged" beyond repair. The only option left for the crooks is to plead and beg with EC since EC clearly has the upper hand going forward.
>> Judge stated that her F&R opinion of GSA do not imply on merits of any claims which means that Judge expects EC to go after JPM/FDIC/Debtor on the merits of the claims settled thru GSA, imo.
>> TPS claims are off the books, which is a big positive for other equities.
>> FJR rates instead of contract rate, which is clearly a big positive for equity holders.
>> Judge denied the POR again to give EC/Susman the upperhand and huge leverage against SNHs, Debtor/Rosen and other crooks.
>> Status hearing currently scheduled for October 7, 2011. Very interesting days ahead.
>> Equity prices heading higher for the next 3-4 weeks. The predictions of a settlement could finally become a reality anytime/anyday in the coming weeks, imo.
Como siempre OS EQUIVOCASTEIS !!!!!!
Jajajajajajajajajaja
Simpson no rias tanto, los pillados gracias a tus recomendaciones siguen de momento PILLADOS. Por cierto mi pronostico fue correcto, el tuyo NO porque dabas el GSA por muerto y sigue vigente.
Mi pronostico va a ser conocer el valor de mis preferentes cuando esto acabe y tu si quieres seguir poniendote corto.
El GSA caerá por si solo...esperate al 7 de octubre a ver que sucede en la mediación. Ahora ya no controla Rosen este caso no se si no te has dado cuenta.
Tu ejercicio de solo ver el GSA ante la aprobación de FJR y la evidencia de Insider Trading de los que deciais que los Hedge Funds eran muy poderosos , que no había pruebas y bla bla bla... o nos dais $$$$$$$$$$$$$$ o nos vemos en la Corte de Apelaciones y en una Corte Criminal.
Susman acaba de pasar a controlar este Caso por si no os habeis dado cuenta todavía. David sigue vivo te guste o no reconocerlo.
Pues me alegro por todos los que estábamos largos; a ver qué pasa ahora, jeje.
Me ha pillado la noticia con el café en la mesa, y legañas en los ojos... a ver si me pongo al día...
http://abcnews.go.com/Business/wireStory?id=14512905
"The judge said WaMu's committee of equity security holders had made credible claims that that hedge funds supporting the plan engaged in insider trading of WMI securities based on information they obtained during the bankruptcy."
"The court finds that the equity committee has made sufficient allegations and presented enough evidence to state a colorable claim that the settlement noteholders acted recklessly in their use of material nonpublic information," Walrath wrote in the 139-page ruling.
http://uk.reuters.com/article/2011/09/14/us-washingtonmutual-ruling-idUKTRE78D04K20110914
(Reuters) - Washington Mutual Inc's (WAMUQ.PK) plan to pay more than $7 billion to creditors and exit bankruptcy was rejected by a judge who ordered the company's creditors and shareholders into mediation, according to a Tuesday ruling.
Delaware Bankruptcy Judge Mary Walrath, who rejected the company's first attempted reorganization plan in January, sent the warring parties to mediation to avoid a "litigation morass" that would eat up funds that could be paid to creditors.
Washington Mutual filed for bankruptcy in September 2008, at the height of the financial crisis, after regulators seized its savings and loan business in the biggest bank failure in U.S. history.
The banking business was sold to JPMorgan Chase & Co (JPM.N) for $1.88 billion.
The company reached a deal to distribute $7 billion to the hedge funds that hold its securities, but the plan left nothing for shareholders, who led opposition to the plan.
(Reporting by Tom Hals)
