Zitat :
Wamu: day 5...starting from court this morning @ 9:15 or so. See you then!
Some people here although not many yet. Some people seating themselves in the overflow room. Guess we all have our seats staked out!
Parker on cross now. Just starting
@mehedi_abs OK!!! Fingers crossed
Parker asking about fees...
I love how Parker just lets answers go when he doesn't get what he wants :)
Parker is so quiet in his grilling...I can feel the calvary warming up for the charge!
Gropper less comfortable today on the stand
For a smart guy, Gropper sure forgets a lot!!
JMW none to happy this morning w Gropper/Aurelius...
Is Gropper trying to figure out which inconsistencies he can get away with?? He almost said he didn't talk to Tepper, but changed his mind.
Talking about trading suspensions vs ethical walls...
So they wanted to buy up all they could so they could both profit and control the settlement?
Q: how do you reconcile the testimony that the bill re NOLs was good for the bonds, yet once bill was passed, the proposal was riskier?
Kostouros looking a bit less smug today during this testimony
We are on a half hour break now...JMW has another, previously scheduled hearing
@JustKerse yes, he can be crossed by other parties after the EC cross. Steinberg not here so it would be someone else
Got word this hearing might be very short, somaybe back before 11
@MannyLNJ I haven't seen anything
We're back now. Parker still crossing Gropper
Hmmm...do I smell a trade happening?
So,it was to clean up the portfolio...for year end
Jan thru Mar Aurelius had no input in settlement negotiations...they were not part of any discussions...
So Fried Frank was involved in ongoing settlement negotiations.
Kostouros very pensive here...tic toc
How can their counsel be participating in settlement negotiations and Gropper still be denying being part of an insider group?
January 12 mtg would have been after confie was over...and plan details were discussed??
Seems to me we've passed plausible deniability...
Another meeting in Feb "to discuss the termsheet"...he knew about this meeting but yet could still trade?
First ruling that's gone against us today
Parker must have some incriminating emails!!!
Zellin testied they(SNH) were active partipants in the settlement prices...can't have it both ways!!
Btw, there are one or two new members of BR's team here...litigation protection?
Q: was a deal struck for post petition interest to be paid @ contract vs FJR?
@rstudent not sure which observation this refers to?
Boy, Gropper sure perked up just then!!
Lunch break now. Back @ 1:30
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MfG.L:)
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