Breaking News

Walter gets sentenced to 5 years of probation.

Kelly sentenced to 18 months in prison.

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WHO IS EQUITATUS AND WHY DOES MICHAEL COOLEY CARE?

If you thought Michael Cooley of Akin Gump was on your side, think again.  Cooley was a regular visitor to this site when he was pimping for a yes vote on the reorganization plan.  He got what he wanted and hasn’t been back since.  Sadly, that doesn’t mean he hasn’t continued his manipulative ways.

John Robies – (hmmm, just how many of us are there?) everywhere are doing their best to stay civil after your latest shenanigan.  Trust us, it ain’t easy.

If you care to click on this link (000981), you’ll see that Cooley is spending OUR money pursuing the true identity of Equitatus.  Why?  Well, Cooley works at the bequest of Walter and Kelly the Creditor’s Committee, who purportedly report to us.  I’m sure this is a truly pressing matter for them.  Rather than focus on recovering our hard earned life savings, they feel the need to file an emergency motion to lift Equitatus’ veil.

Who’s next?  John Robie and everyone who has ever posted a comment on a REL-related blog?  Stop screwing around and get us our pennies on the dollar before we die.

Shame on you, Michael Cooley.  Shame on the entire Creditor’s Committee.  You’re a farce and a disgrace.

Don’t Give Up

“Heads we win, tails they lose”

— fictitious statement by Walter Ng

We, the noteholders, hold empty notes and empty votes.  Those elected to serve and protect our interests served and protected their own interests as well as the interests of large, billion dollar corporations.  This is the story of David vs. Goliath.  Yes, we’re David.

The Landslide Tally Can Be Viewed Here

Thanks to Equitatus for delivering the not-so-rosy news.

Thanks to the Official Creditors Committee for their dishonesty and deceit.  Congratulations to the favored noteholders who cashed out.  Congratulations to Wells Fargo.  Congratulations to Akin Gump.  Everyone who doesn’t need it gets paid.  Everyone who needs it gets zippo.

Despite the fact that this is depressing news, there will be many other important battles to fight.  And fight we will. Get your slingshots ready.  It’s time to slay the oppressive giant.

 

 

AQA- All Questions Answered Regarding the Reorganization Plan (REJECT IT)

Michael Cooley seeks to pull the wool over our eyes. Accept his advice at our own peril.

We’ve been graced by the presence of Michael Cooley from Akin Gump lately.  Here’s the likely reality of the situation.  He’ll get paid.  We won’t.   Cooley doesn’t care about our plight.  He’s been spreading half-truths in an effort to sign onto his plan.  Cooley will undoubtedly cut and run the second he’s done with this case, leaving us behind to shoo the next group of maggots looking to pick the remaining flesh off our rottNG carcass.  You think this is too severe?  Vote to accept the plan and that’s the very situation we will all be facing.

All editorializing aside, should you have questions or comments that you would like to pose to the group, our trusted experts, or the outsider Cooley, please post them here.

Listening to the conference call hosted by Akin Gump

So far, here’s the update:  “Blah blah blah blah blah”.

Still voting to REJECT THE PLAN.