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Yes this thing is long past "sell by" date inmo.
JHD
Quote by cactus….”I know something, but I can't tell you . PSSSSST!! "Not so loud, somebody could listen! "
lol…..very funny….
Key, I actually wanted to write to Union at Ariva that I see it as a positive sign that there are no rebuttals to his analyses and summaries from "home". You know that the LT has been reading along with Ariva and jokingly referred to Union as "meloncat"😄
~ DB4', You Do Crack Me Up' ! ! ... .04 as the First WMIH's COOP multiplier, But U' New Dat' ... ~
... (ol' cactus knows where the pricks are' ... also' ... LOL) ... thanks T's, I've been waitin to use that one LOL ...
later'
AZ
This effective date not disclosed could be eminent for UK EMIR which may be done for Both US included. IMO
Also day one, served in the Air Force in Europe for 4 years. Couple more stateside.
I get to Switzerland often and if and when soon comes...maybe more?
Thank you for your service and stay tuned!
I am sure it will get more interesting before it winds up completely.
Who knows...AZC may even tell "pick" what XXXX is?
TC
DB4D
I don’t know someone is posting soon…..real soon….
Check your releases….check your releases…where is the money……
Why repost something from the other side like it is the word from a higher power…..has this person been right….where is the money….
Cactus has called your research foolish….no smoking gun…
Get some skin in the game and buy some stock…..
F&R
"UK EMIR REPORTING SERVICE FEE SCHEDULE 1. DEFINITIONS AND GUIDANCE 1.1.The definitions listed in paragraph 10 shall apply in this Fee Schedule. Any capitalised terms not defined in paragraph 10 shall have the same meaning as in the Operating Procedures. 1.2.Further guidance on this Fee Schedule may be located in the GTR Clients’ Learning Centre of the DTCC website located here: https://dtcclearning.com/products-and-services/repositoryservices.html (please login in order to be able to see the GTR Billing Information section – registration is free). The guidance and any examples provided in the GTR Client Learning Centre on this Fee Schedule are for assistance and information only and shall not form part of or be used in the interpretation of any of the User Agreement or Third Party Service Provider Agreement, Operating Procedures, Appendices or Schedules. 2. EFFECTIVE DATE This Fee Schedule shall take effect on 30 September 2024 on the entry into force of the applicable provisions of UK Refit. Any Fees under this Fee Schedule between the Effective Date and the end of September 2024 shall be billable but not billed until after 1 October 2024. The Prior Fee Schedule shall continue to be effective in respect of and apply to Direct Submissions and Delegated Submissions (as defined under the Prior Fee Schedule) after the Effective Date but before 1 October 2024 under UK EMIR before the entry into force of UK Refit or to which UK Refit does not apply.
https://www.dtcc.com/-/media/Files/pdf/2024/9/9/DR69.pdf?fbclid=IwY2xjawFMSvxleHRuA2FlbQIxMQABHRLNfWcC-pJqNCOoZtuF8rHKkbTrGy2fWsfAr3KGHJNK_LCmq6qBAAIYVQ_aem_EN1UqfvhDC3FLRGg86JGbg
Appreciated his reply. Have been here since day one. He tries and I try hard to understand and translate. He is also formerly military and I served in he Swiss Army as a tank commander so there is a kind of bond. My son was in the marines. Anyway, I just trying to figure out more about soon. Could be next month, this year which is fine. If soon means years out, then, what can I say.
.04 or .4? LOL.
Didn't think you would respond to Obe after the remark he made , but my crystal ball is not always right. It did say "signs point to yes"
Kinder, gentler , AZC?
Respond at will!
DB4D
Well the markets gave back some( Utilities, the Fi’s) all got some AND YET COOP OTIS down again, and we are reading father times post, and live or memorexxxx, posts, me I’m wondering about when will and how low will the company stop the downward buying , one might hope the reason or a possible uncompleted deal , Oh well
Gogoocoop bod 🫣imho.
GLTA-Ts
No. I don’t think anybody posting on these public message boards has an inkling of the timing. And even if they had an actual guesstimate they wouldn’t post it on these boards.
~ WMIH's Sub "COOP" with the .04 First Re-Set and then a follow up (to be determined multiplier) once those absorbed by attrition etc. ? ... and ... those falling victim to all of the POOR Information ? and are no longer holders, have been calculated ~
... the wmi-lt is closed, ... there are No More "beneficial Interests" coming from the wmi-lt' ... there is NO ... LOL ... smoking gun' ... LOL again' ... and NO $20b (ish) 75/25 coming from a misread reorganizational (Feb 2012) monthly operating report
the WMIH 10-K's reveal the forward and the continuing process ...
~ Use Your Own Noodle ~ ... and ... ~ Know What You Own ~ ... wait a minute', I thought that I wasn't responding to you anymore ? (DB4 ?) ... seriously though, "Hat Tip" for checking with your broker' ...
just sayin'
AZ
So still soon at 0.4 or maybe 0.58 conversion?
"The actual market value of those assets is yet to be determined."
Page 14/299
https://www.fdic.gov/system/files/2024-07/congressionalcorrespondence4thqtr2008.pdf
FDIC letter to Senator Mike Hewitt
@ Large Green.....again your post is at fault for the following reasons... (1)... the 2013 WMIH 10-K, which is an official accounting of all assets of the Reorganized Debtor states that JPM paid 1.88 billion dollars for WAMU banks, and related assets...the document is a Forensic accounting of all claims paid, and stipulates that there are no further payments from JPM chase for those assets in the future...this closure of the PAA is further cemented in the GSA global settlement where all parties released each other as part of the settlement of all claims held against each other...I will remind you that JPM makes the statement that the assets of the Banks were liquidated to negative equity, which would preclude further payments to be made by JPM... finally, the Global settlement could not be final if a future payment for WAMU's assets by the PAA was not disclosed in the signed documents...again, substantiate your position that JPM owes more from the PAA than what the official records reveal..... Lodas
Xoom, did Hold give an estimate for the timeline to complete this? Thank you
FDIC DOCUMENT CONCERNING THE WaMu P & A
PLEASE LOOK UP MEANING of Initial Payment
WaMu Purchase Assumption Agreement
WaMu Purchase Assumption Agreement-SOME NEED TO CONCENTRATE ON THE MEANING OF INITIAL PAYMENT
Maybe there should be further research by the ZERO MONIES RETURNING GROUP but first, they need to understand what the term, "INITIAL PAYMENT" means
The end of the WaMu saga will NOT OFFICIALLY end UNTIL the "R" or Receivership has finally been resolved/terminated and closed with FDIC being released.
https://www.fdic.gov/foia/files/washington_mutual_p_and_a.pdf
***PDF Page 20***
ARTICLE VII
BID; INITIAL PAYMENT
$1,888,000,000.00 for The Assuming Ban has submitted to the Receiver a positive bid of
Assets purchased and Liabilities Assumed hereunder (the "Bid Amount"). On the Payment Date, the Assuming Ban will pay to the Corporation, or the Corporation will pay to the Assuming Ban, as the case may be, the Initial Payment, together with interest on such amount (if the Payment Date is not the day following the day of Ban Closing) from and including the day following Ban Closing to and including the day preceding the Payment Date at the Settlement Interest Rate.
...
Dear members of the old WMI.
I have been reading this forum for some time (I do not read for me personally), it is part of my job.
I have to say that I stand by what I read from AZCOWBOY as well as RON, although differences have surfaced between them, but with the end quase equal if you put aside the 20.7B cause of the 75/25 division.
I have noticed that cme constanta, emte AZC warns the room to understand what is written and NOT to INTERPRET the passages written in their favour.
I was impressed by how and how often he writes it here for the members.
I break a spear in his favour, except for 20.7B and 75/23.
Yes, for us the comments of the two AZC and RON seem to be able to give confidence.
The messages I read in the room are only from 6 members, the rest not even a second time.
This COOP stock at present is only good for speculators, in and out, we besides the old escrows, are engaged in other stocks, and a small part in BITCOIN from 1 to 2500, - BITCOIN equals high seas as serafino1 knows. - bought many years ago.
Folks, I wish you a good start of the week.
XXXX
@ Large Green.......you said that former shareholders of WAMU own the estate.... by what legal authority does this action occur if former equity holders shares were cancelled and extinguished.????? it has been 12 years since the reorganization of the assets of WMI, and 16 years from the Receivership, and yet no such transfer of former assets representing the Retained Earnings which back the estate has been made....in fact, the retained earnings of the former estate which was the accumulated value of 20.77 billion dollars was removed from the 2012 Feb MOR, as submitted to the bankruptcy court ,and was REMOVED as a loss (20.77 billion).... In the amended POR 7 filing, WMI states that Title to all assets belong to the Reorganized Debtor, JPM, FDIC, and WMIL-T as successor to WMI...the filing does not say former shareholders own the estate... in fact, WMI makes a statement that the Estate of the Reorganized Debtor always belonged to WMI/WMIH before and after the chapter 11....I suggest that you present to the message board your substantiations why you believe that former shareholders own any property of the Reorganized Debtor so that readers can ascertain that your assertions are true and correct.....Lodas
~ UPDATED', Hello XOOM, That May Be All Well and Good of Course ~
Lodas hopefully take your advice. After all, he considers himself a highly qualified business person.
Wow you have my 😍 endorcement go FDIC
~ THIS IS NOT A, "Smoking gun" ... WOW' ... This IS ACTUALLY ADDITIONAL "PROOF" of The Closing of the wmi-lt' and any Taxation Issues ~
https://s203.q4cdn.com/464899268/files/doc_downloads/irw/IRS_forms_8937/Mr.-Cooper-Group-WMI-Liquidating-Trust-Disputed-Equity-Escrow-distributions.pdf
just sayin'
AZ
Hi AZ, Hold on BP feels this is how it will playout , re: LIBOR and Hold is very knowledgeable re: LIBOR:
Page 4/5
LT interests for Equity interests in satisfaction of their claims or cancellation of equity interests.
https://s203.q4cdn.com/464899268/files/doc_downloads/irw/IRS_forms_8937/Mr.-Cooper-Group-WMI-Liquidating-Trust-Disputed-Equity-Escrow-distributions.pdf
Correct, I shouldn’t have included myself in, “We”.
😂
JHD
To say this game is tiring is an understatement...