investorshub.advfn.com/boards/read_msg.aspx?message_id=53225325
Posted by: gandalf48ct Date: Wednesday, August 11, 2010 4:08:59 PM
In reply to: STRIKEEAGLE who wrote msg# 229271 Post # of 229286
IN THEORY...strike, catz....they will have to return everything to WM... there's no other way to justify "make whole" as a relief for equity until they determine what that "whole" is. I can guarantee, it's not sitting in the current POR. And without a legit POR, there can be no GSA to agree to ... Between the Examiner and bogus POR, even a drunken sailor would stumble over fraud.
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investorshub.advfn.com/boards/read_msg.aspx?message_id=53226926
Posted by: WithCatz Date: Wednesday, August 11, 2010 4:39:55 PM
In reply to: gandalf48ct who wrote msg# 229279 Post # of 229286
gandalf, respectfully, the court does what is practical, not in "theory".
"Theory", here for WMI, is only used to obtain value.
I've been here before. Another Yahoo post that got me in trouble as well. But, honestly, it's true.
{Same as my earlier re-post from Yahoo, any tone you read is not to you or iHub, but from the Yahoo post reply at the time}
Quote:
Catz wrote on Yahoo:
It's like unscrambling an egg. Sure, with some quantum physics, etc, maybe, but in reality, no.
WMB/WMB fsb have been 'scrambled' into the JPM Omlet, intertwined, etc.
And you can see how it's cheaper to pay a replacement-cost for the egg, than to try to solve the unscrambling-the-egg problem to give back the original egg.
Similarly, the courts and the 'process' also sees that as well. While 'technically' possible to systematically 'undo' all the integration into JPM, undo computer systems, undo account changes, etc, etc..
The cost to do so is greater than the damages incurred and/or devalues the estate more than the benefits the result.
Eg, in the first couple of months, maybe, it would have been possible to undo things. Too far along now.
Therefore, the courts and the process, provides for financial compensation once the over-scrambling occurs.
It is, what it is. And the 'system' will accommodate a resolution based on monies, not on unscrambling.
...Catz
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MfG.L:)
Posted by: gandalf48ct Date: Wednesday, August 11, 2010 4:08:59 PM
In reply to: STRIKEEAGLE who wrote msg# 229271 Post # of 229286
IN THEORY...strike, catz....they will have to return everything to WM... there's no other way to justify "make whole" as a relief for equity until they determine what that "whole" is. I can guarantee, it's not sitting in the current POR. And without a legit POR, there can be no GSA to agree to ... Between the Examiner and bogus POR, even a drunken sailor would stumble over fraud.
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investorshub.advfn.com/boards/read_msg.aspx?message_id=53226926
Posted by: WithCatz Date: Wednesday, August 11, 2010 4:39:55 PM
In reply to: gandalf48ct who wrote msg# 229279 Post # of 229286
gandalf, respectfully, the court does what is practical, not in "theory".
"Theory", here for WMI, is only used to obtain value.
I've been here before. Another Yahoo post that got me in trouble as well. But, honestly, it's true.
{Same as my earlier re-post from Yahoo, any tone you read is not to you or iHub, but from the Yahoo post reply at the time}
Quote:
Catz wrote on Yahoo:
It's like unscrambling an egg. Sure, with some quantum physics, etc, maybe, but in reality, no.
WMB/WMB fsb have been 'scrambled' into the JPM Omlet, intertwined, etc.
And you can see how it's cheaper to pay a replacement-cost for the egg, than to try to solve the unscrambling-the-egg problem to give back the original egg.
Similarly, the courts and the 'process' also sees that as well. While 'technically' possible to systematically 'undo' all the integration into JPM, undo computer systems, undo account changes, etc, etc..
The cost to do so is greater than the damages incurred and/or devalues the estate more than the benefits the result.
Eg, in the first couple of months, maybe, it would have been possible to undo things. Too far along now.
Therefore, the courts and the process, provides for financial compensation once the over-scrambling occurs.
It is, what it is. And the 'system' will accommodate a resolution based on monies, not on unscrambling.
...Catz
--------------------------------------------------
MfG.L:)
"Ein jeder gibt den Wert sich selbst"
"Der Schein regiert die Welt, und die Gerechtigkeit ist nur auf der Bühne".(Parasit)
Und es herrscht der Erde Gott, das Geld.(An die Freude)
"Der Schein regiert die Welt, und die Gerechtigkeit ist nur auf der Bühne".(Parasit)
Und es herrscht der Erde Gott, das Geld.(An die Freude)