LOL, Rosen better gets FDIC's confirmation on the Plan before the hearing...
Don't have time to read the documents, wondering in the new POR if Rosen addressed FDIC's concerns made in its objection filed on May 13...
I know, this is totally ridiculous. JPM gets more money, $2.4 billion, this time versus the last time of only $2.1 billion.
Why is Rosen wasting the estate's money by working for the adversary, JPIG? This is a total mockery of justice.
That would never fly. Equity is equal... Plus, one could easily argue they did not get the letter in time or in some cases, they never got it.
The only way you would have known about this letter was this or another message board even though it was part of court records. We knew the due date, but never thought the idiot would have a letter dated April 14th arrive so late in May.
Much thanks to Joyce for the heads up and the form letter!
What if one DID NOT respond to the last POR with an objection letter?
Would they then be considered in favor of it?
Or I guess where I am heading is ,could they only settle with those that OBJECTED and not those that did not object?
I told you they would not support this POR. If they refused to support the first why would they this one since it has changed very little from what I have seen so far. This stinks to high heven and the SEC should bring charges against Rosen and company. Talk about Manipulating the market which he has done.