From: Nicole -
nicole...@gmail.com
Weil and Co are asking for all documents related to the April bidding
process that JPM went through in regards to placing a bid in the
amount fo $8 for WAMU in April.
They also want all docs related to the material that was disclosed to
them in regards to this bidding and especially any and all documents
that are related to the Sept (proposed acquistion) JPMC was going
through in a new bid for WAMU. They want all documents related to
JPMC
arriving at a price of 1.88Bil in a bid for WAMU in Sept when they
bid
$8PPS in April. They want to depose all employees realted to these
transactions and want to find out if any of them were leaking the
info
they were privy to "under privacy contract" to the media that caused
the bank run on wamu.
They also want all documents related to dealing with the FDIC. They
also want all info related to the intentional shorting of WAMU stock
by JPMC affiliates. They want all docs related to certain employees
of
WAMU being placed "as moles" in WAMU and relaying confidential info
to
Jamie and his cohorts, so a conspiracy to either bring down the bank
ro buy it for an acceptable price to play out. Remember this is
corporate espionage, breach of confidentiality, false conveyance, and
death of a corporation we are dealing with here. This is big and can
end up costing JPMC in the neighborhood of 100Bil in damages! This
does not include potential FDIC damages in the future.
Wamu book value is 26Bil. If Judge awards 2X damages, that is 52 Bil.
Jury trial could cause a 3X damages to be awarded and with all the
other false conveyances, JPMC could be looking at a huge sum of money
needing to be paid in a couple of years, or if allowed to by Weil and
Judge, they could settle for about 50Bil total, it is up to them. I
have been doing research on the damages and the amount JPMC paid for
WAMU, THJMW has the right to make JPMC pay fair value for WAMU if she
rules that way. Using the docs that are being requested she can use
the courts auditors, accountants and investigators to arrive the
amount JPMC should have bid for WAMU if they did not have access to
the private info they were privy too. So dicovery is definitely not a
good thing for JD and Co. and IMHO they will not let the lawyers of
Weil and Quinn have access to their private business practices, nor
their high paid executives. So yes the docs are important to
establish
a conspiracy for "Death of a Corporation"!!