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Zitat:
Thursday FCIC Report-Maybe an indicator on future outcome!
With the FCIC’s report due Thursday after much delay and infighting with the material and who is thrown under/over/pushed out of the bus path, should at the very least be VERY interesting. I am of the opinion that the report will be altogether different than what they were planning on releasing in December and I also feel the main reason it was delayed was waiting on the opinion of Walrath to ensure she did NOT throw the criminals under the bus.
Now here is where I think it gets VERY interesting. Just what does the report contain with reference to WaMu? How deep does it go and who do they blame or not blame? With the ongoing and potential investigation of the Hedge Funds and having to find certain people to throw under the bus and some have to be fairly high status for their demonizing report to carry any weight-should be making many people VERY nervous, indeed!
I will go out on a limb here and say they will NOT go into WaMu very deep as it COULD be very dangerous for the criminals to do this, knowing all of this crime is connected to the highest levels in Government along with a very dangerous powder keg called JPM. They have too much to risk so I believe WaMu gets off very lightly as compared to what they would have originally reported, thus being extremely positive for equity-IN DUE TIME.
I do think the ground work is being layered for the Hedge Funds to take much blame with a divide and conquer mentality, shoving the true WaMu saga more to the back burner as Rosie will lose his agreement with FDIC/JPM (unless it includes equity) and this whole mess comes to a conclusion sooner rather than later with equity being OK, but certainly NOT getting what it is due. The ultimate result explains psychological legal warfare to drive the ultimate settlement much lower and UNFORTUANTELY this works very well most of the time.
Zitatende
MfG.L:)
Zitat:
Thursday FCIC Report-Maybe an indicator on future outcome!
With the FCIC’s report due Thursday after much delay and infighting with the material and who is thrown under/over/pushed out of the bus path, should at the very least be VERY interesting. I am of the opinion that the report will be altogether different than what they were planning on releasing in December and I also feel the main reason it was delayed was waiting on the opinion of Walrath to ensure she did NOT throw the criminals under the bus.
Now here is where I think it gets VERY interesting. Just what does the report contain with reference to WaMu? How deep does it go and who do they blame or not blame? With the ongoing and potential investigation of the Hedge Funds and having to find certain people to throw under the bus and some have to be fairly high status for their demonizing report to carry any weight-should be making many people VERY nervous, indeed!
I will go out on a limb here and say they will NOT go into WaMu very deep as it COULD be very dangerous for the criminals to do this, knowing all of this crime is connected to the highest levels in Government along with a very dangerous powder keg called JPM. They have too much to risk so I believe WaMu gets off very lightly as compared to what they would have originally reported, thus being extremely positive for equity-IN DUE TIME.
I do think the ground work is being layered for the Hedge Funds to take much blame with a divide and conquer mentality, shoving the true WaMu saga more to the back burner as Rosie will lose his agreement with FDIC/JPM (unless it includes equity) and this whole mess comes to a conclusion sooner rather than later with equity being OK, but certainly NOT getting what it is due. The ultimate result explains psychological legal warfare to drive the ultimate settlement much lower and UNFORTUANTELY this works very well most of the time.
Zitatende
MfG.L:)
"Mit der Dummheit kämpfen Götter selbst vergebens"