|I don't know. No. This is||MasterBlastr||03/18/23 12:06 AM|
|Do you see parallels between then and now?||smrtinvstr||03/17/23 7:04 PM|
|Depends on when you bought it. If||MasterBlastr||03/17/23 12:57 PM|
|I'm confused with your reply. In the chart||smrtinvstr||03/17/23 10:09 AM|
|WAMPQ, no contest. I never had||MasterBlastr||03/16/23 9:09 PM|
|There was a record date for the conversion||MasterBlastr||03/16/23 9:07 PM|
|Another q: Since you had 3 classes of||smrtinvstr||03/16/23 10:05 AM|
|Thank you for sharing your WAMU experience. You||smrtinvstr||03/16/23 9:58 AM|
|There were shares in the new Mr. Cooper||MasterBlastr||03/15/23 5:27 PM|
|Did WAMU preferred shareholders get anything after 2012?||smrtinvstr||03/15/23 10:45 AM|
|Thanks for taking a walk in the memory||smrtinvstr||03/15/23 9:48 AM|
|I can get end-of-month prices of WAMPQ from||MasterBlastr||03/14/23 10:57 PM|
|Wow. I had both WAMPQ and WAMKQ||MasterBlastr||03/14/23 10:29 PM|
|What is the price history of WAMU Proffered||smrtinvstr||03/14/23 11:19 AM|
|Any one who bought WAMU Preferred (WAMPQ) in||smrtinvstr||03/14/23 11:17 AM|
|Thank you…did well on the COOP so it||VivaLasVegas||01/05/22 11:50 AM|
|New theories are becoming scarcer but we are||MasterBlastr||01/04/22 10:50 PM|
|Any Escrow Share News?||MrchntDeth||01/04/22 3:33 PM|
|Any Escrow Share News?||VivaLasVegas||01/04/22 3:00 PM|
|It'll only come to an end if/when we||vodkadejour||09/18/21 7:43 PM|
|No problem.||hotmeat||09/18/21 12:49 PM|
|continuity thank you very much. Over all, the||rootroll||01/18/20 7:38 AM|
|rootroll, WMI became WMIH which became COOP.||continuity||01/17/20 8:19 PM|
|does now wamuq stock worths something?||rootroll||01/17/20 5:33 PM|
|Whenever a new message pops up||continuity||12/16/19 9:41 PM|
|Does anyone check this board anymore?||hexson||12/16/19 1:55 PM|
|Mis-information, check I-hub's own numbers==891K buy==127K hold, 83K||fwh3334zeke||09/15/17 8:55 PM|
|BkShadow -||ReikoBlack||01/19/16 4:32 PM|
|The only thing I can think of is||MasterBlastr||08/28/15 9:01 PM|
|Thank you for your answer. It was quite||tehepidemick||08/28/15 4:28 PM|
|You obviously signed off on the releases so||GO4AWILDRIDE||08/26/15 1:10 PM|
|I owned 200 shares of wampq, now showing||tehepidemick||08/26/15 12:16 PM|
|GTGTQ is headed to zero as equity has||MasterBlastr||06/26/15 1:43 PM|
|who will acquire what? WAMPQ is a LT now.||Major_Bankz||03/14/15 5:07 PM|
|No acquisition will occur until after mar 20.||gold-nugget||01/08/15 10:23 AM|
|So $3000 per old P recovery is being||MasterBlastr||12/11/14 11:01 PM|
|Go wammmmuuuuuu||gold-nugget||12/11/14 6:59 PM|
|hello||fsshon||12/11/14 6:45 PM|
|TO ALL||GO4AWILDRIDE||11/20/13 5:41 PM|
|Go4 Even though stocks stop, the boards remain||fixedops||04/03/12 9:29 AM|
|I have many boards from companies that don't||RICOsuave||04/02/12 1:08 PM|
|OTHER MOD's||GO4AWILDRIDE||04/02/12 1:07 PM|
|haa onyone valued the company ,now that is||onco||03/30/12 8:14 AM|
|Those were the calculations I was working on||skyskrape||03/30/12 12:11 AM|
|That is what I was thinking as well.||zulual||03/29/12 11:25 PM|
|Conversion Ratios - Old Equity into WMI Holdings Commons||WithCatz||03/29/12 7:57 PM|
|I wasn't responding to you . . .||MasterBlastr||03/29/12 9:10 AM|
|OK I reworded it....NewCo Shares bought from now||NASCOW||03/29/12 9:04 AM|
|You will still use your original purchase date||Rumble||03/29/12 5:00 AM|
|No problem. By "start over" I meant do||mm1969||03/29/12 1:44 AM|
This board is for discussion of Washington Mutual Inc. old ticker WAMPQ Now (WMIH)
(WAMPQ) R series OLD CUSIP 939322814
If you find any other useful information, please reply to one of the moderator's posts, and we'll add it to this IBox.
Pre Bankruptcy 2008 http://www.youtube.com/watch?v=A0OaEofs-2I
The FDIC decided that $1.888 Billion was a just and fair price for the bank. It is interesting to note that the auction offer presented by the FDIC permitted banks to bid $0.0 for the bank, and also totally disregarded the stockholders and bondholders, as well as other liabilities of the bank. The FDIC required only the administrative costs for the transaction, and held the bank for only a few hours before ownership was transferred to JPMorgan. Washington Mutual Bank was forced to file Chapter 11 the following day. They lost $26 Billion in stock of WAMU (WMB) due to the bank seizure.
The recent declines in the stock market are well known, but few people realize that WaMu may have been the straw that broke the camel's back. This seizure impacted not just Washington Mutual Inc investors, but all types of investments in all US stock markets. Shock waves have cascaded throughout stock markets worldwide. This leads one to question whether Washington Mutual Bank should have been seized that September evening. The sale of WAMU, for a fraction of its worth, was conducted without regard for the bondholders or shareholders of the bank, much less for the effects to the confidence in our stock markets and our government in general.
Purchase and Assumption Agreement: http://www.fdic.gov/about/freedom/Washington_Mutual_P_and_A.pdf
CHAPTER 11 : http://www.uscourts.gov/bankruptcycourts/bankruptcybasics/chapter11.html#reorg
Video on What Happened: revelationsmedia.com/
Series R, Trading as WAMPQ
These can only be converted into common, and cannot be redeemed for cash.
Old symbol: WM.PRR, Issued 12-17-2007.
Outstanding: 3,000,000. Liquidation Value: $1,000
Interest Paid: 7.75%
On December 17, 2007, WMI issued 3,000,000 preferred convertible shares, at a price of $1,000, to raise approx $2.9B.
These were paying 7.75% interest.
Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc.
(WITH SHAREHOLDERS INTACT)
WASHINGTON MUTUAL EMERGES FROM BANKRUPTCY ON 3/19/12
WMI STARTS TRADING UNDER NEW TICKER (WMIH) 3/28/12
OPENED AT .63 CLOSED AT $1.00 HOD $1.10
Here's how old shares relate in value to the new share.
WMIH 8-K Filed 4/16/12