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Yeah, I want the company! I really couldn't care less about the dollar payoff to common shareholders, because I think there will be far more value in that new company! Gimme gimme gimme lol.
Yeah, everybody's going kind of nuts with the predictions. I just want to hear what they say and what their potential offer is. Theories are great, but reality is my friend (so I'm kind of a masochist...)!
Yes...They got us good! My heart won't ever get that lost beat back, and it probably took a few years off my life, but...good, er, job?!? :(
And a Happy Holiday it could be!
Too bad it won't be VE Day (~5/8/2011). It would be a much better one to commemorate!
Yes, but jumping to conclusions is also not productive.
Wasn't England under attack from Hitler's Luftwaffe at the time Churchill made that speech? If he did nothing, they probably would have been destroyed. I don't think you can say the same about a bankruptcy's DS since we don't ever really know what our own guys are going to do, let alone the debtors (though undoubtedly they are not our friends).
I don't know, my personal feeling is that Susman is a well known litigator and may be interested in somehow skipping all this crap and taking it all up in appeals and litigating this whole mess out until we get what we want. But, of course, I am not of the legal-minded crowd and am just going off a few educated guesses.
Thanks again for providing a calming voice in a, in my opinion, crap-storm of ignorance! Or at least helping to stem said crap-storm.
We just saved the estate millions of dollars in fees. Haha
I guess we'll have to wait and shake it again next month.
I'm with you buddy! Mr. Nelson has been doing an amazing job so far, and while it might be nice to see Mr. Susman there, I don't really think that'll matter all that much. Have a nice weekend and...OMG wow look at that color...I think, could it be..."Green?!?" :D
We're just a regular two-man wrecking crew!
...ehehm...May I cut in? lol
I hope this whole thing goes to trial! I'm a very patient person, I can wait a few years...All I need is for someone to point me in the direction of the person who needs to be put in an inescapable triangle-choke-of-doom and I'm good to go :D
My master would be very proud!
This post is heavily fortified with the opinions of this particular user and reflects only his points of view (and possible the points of view of others).
Well, I should hope so! He is the attorney for the debtors, and as much as many here cant stand him, he is a damn good attorney for the debtors!
IMO
I hit my one year anniversary earlier this month... I've now been a resident of WAMUland for just over a year! You don't suppose I'll be able to get my deposit check back when I leave do you? After the huge mess Mr Rosen made earlier? I'm not holding my breath.
IMHO
I wonder if WikiLeaks has anything on JMPC or the FDIC?? Oh my, that would be interesting! IMHO
They're on a roll today!! EOM
Never mind...post was deleted before I finished editing my reply...
Favorable + News = ERROR...ERROR....DOES NOT COMPUTE. |/
Every bit of news seems to cause the stock to fall, regardless whether or not it is "favorable."
Just my two cents worth.
Sorry, I misread you. I thought you said "Brian lapse..." LOL...Man I know I'm tired and completely off my rocker. "Brian Lapse," "Brain Lapse," what's the difference really. All IMPGMUO (In My Perfectly Good Messed Up Opinion)!
Don't forget me :D ...I tried to calm people down (a lot of people were on the ledge) as much as I could during the panic of Black Tuesday! Staying calm has gotten me out of a lot of stuff in one piece, and I just wanted to encourage others to try it, as hard as I know it is to do so.
Big thanks go to Bop, Mehedi, Catz, Fshhon, Uzual, Voodoo, Diamond, Real, Strike, and many many more, as well as many on various other related boards! And, for my very small part, you're all welcome :P
"Drugs are bad...Mmmkay..." - had to.
I still think people should calm down. I think the examiner did as he was supposed to and needed more time (don't most examinations take over 6 months, right?). Plus all that about the FDIC giving us the finger probably does implicate them somewhat but might end up dragging on for god knows how many more years.
Maybe this is his way of pushing for a trustee since he did not have time and they would probably have all the time in the world. And, does the FDIC have some kind of power over the Department of Justice? I'm guessing it doesn't. Everything has its place.
That was kind of random, but I'm tired and have to help cover elections tomorrow morning...shoot me now, it'll be easier!
I am a fan of the Teddy Roosevelt school of thought - "Speak softly and carry a big stick." I read a lot of what is posted and most filings, then post when I think I can help. I find that cooler heads tend to prevail in trying circumstances. I will say that I do not think this report spells the end for us, just that I think it pushes us into the next step. That being, in my opinion, a motion for a trustee, since he probably did not have the time, and probably did not find the evidence he needs to draw any more decisive conclusions. All in my opinion of course (I claim sanctuary - lol).
I agree with Bopfan. I also like hearing from him/her, usually puts a nice smile on my face! Not saying they're right or wrong, because I certainly don't know.
I was this jumpy in March, I'm not anymore. I do not think this is the end, IMO.
I am very scared of humans too, they are WAY too freaking crazy and focused on killing other humans to be anything other than pure evil! Down with the humans! BTW, Bender would love you -
Bender: "Now, your basic human is between 3 and 25 feet tall, and is made of a hairy, oily goo wrapped in a t-shirt." LOL
I think it's important that everybody try to calm down. I think this is the kind of thing that WithCatz was trying to warn everyone about over the last few days. I saw this report as being very cold and straightforward as the examiner saying he didn't have enough time (said over and over), and that he did not find or was not able to find evidence to back most of the claims either way (didn't have time and couldn't find evidence could very well be related since one could possibly lead to another). I think this was his way of suggesting, without really suggesting, that a case trustee be appointed, or something to that effect.
Personally, I'd love to hear Catz's take on this. I rather like his colder, emotionless, and straightforward statements of what he is seeing and how he sees things unfolding. Please Catz, talk to us. Thanks in advance.
As always, this is all a statement of my opinion, I am not in any way associated with the legal profession.
The website: http://madblab.com/post/examiner-report-download says it got the report at 1:37 pm.
They love us long time! LOL EOM
I think she would be a perfect candidate for Vanna! Now we just need Pat.
Could be...Could go either way. But it sure is fun to watch.
I'm still here. I never gave up any shares, only added some P's and K's just for fun. It sure has been fun watching that little line go up and down at random. This feels like a game of "Wheel of Fortune" where I'd say ~20% of the spaces are "bankrupt" and 80% are prizes and cash payouts and the puzzle looks like _ O - W A M U! And all you got to do is pick a consonant!
Roger that! In my opinion, you should break out your attitude re-alignment tool on the FDIC and JPM boys on Tuesday! LOL
All he has to do is come here and look at Diamond's posts, 2 X Value+, or Wang's, $1000000000000000/share. Easy, there, his job is already done for him! LOL
In My Opinion!
I doubt any of us here will mind waiting 4+ months if we know something very good will come out of this. In my opinion, it will be a very Merry Christmas for WAMU shareholders!
I envy all of you! I'll be reading about the hearing all morning. EOM
Remember, this text is translated from German into English. Just in case others are wondering why the wording looks a little out of place. It used Google's Translate function. Just saying.
I think they are totally correct and I can't wait to see some of the fun things yet to come to the FDIC for this, I think a top to bottom breakdown and examination of the FDIC is going to be good for everyone (except Jamie Dimon and his "friends") in this country.
By the way, a little off the main topic, but related, I know many didn't like the positives I had to say about Obama earlier so I just wanted to say that after he was elected and I saw really stupid things unfold (Republicans did a lot of this too), I dropped my party affiliation with the Democrats. I believe in overall fairness and leadership with intelligence and backbone (Obama is truly intelligent, but lacks backbone, Bush was dumb as a bag of bricks, but sure had the backbone, is it too much to ask for both qualities??)
I think Obama is totally ineffective in dealing with this crisis and other problems. I'm talking about the wars, oil spill (and hopefully criminal charges for those responsible for causing the deaths of the 11 crew members that were killed), Guantanamo, repeal of DADT and Healthcare. Just remember, most of the LGBT types like me are NOT in Obama's pocket (we just don't get any actual press)!
Have fun in WAMU land today, and may a good, intelligent, and preferably independent person gain the White House in 2012 (both parties did their parts to set us up for this BK bs, maybe now it is a good time to do away with them).
Please remember, I just wanted to get this out there to help others see things from my point of view and these views do not necessarily (or at all) represent the official positions of all groups mentioned.
I do like wang's numbers, but I agree with Diamond, 2X value (I think $8) plus damages. I am looking for anything between $16 and $24 like I said before. Of course I'll happily take more than that if that is determined to be too low by our fine legal team. I'm beginning to fall in love with Mr Susman and Mr Nelson!
I like the sound of the word "resolution," but I can't help but think this is just another ploy like what happened last time and the time before. Rosen just needs more time to do exactly what he should have done half a year ago. Give him more time and he'll only ask for more time (at least he's dependable and a little predictable).
I'm just sad I'm going to have to miss most of it due to my doctor's appt. I'll just have to read about it when I get home I guess.
Good luck to all!
Thanks Uzual, that's very nice to knwo and a little reassuring. How was your Independence Day?
I spent mine running my news station and covering a nice double cop funeral out here in Tampa (so sad, someone decided to kill these two cops when they stopped him to investigate a robbery :( - people just suck! 3 cops killed here within the last week).
Yeah, give me the PowerBall numbers over a case update any day! eom
I've been sticking in the $16-$24 range myself. I like 24/share, that'd be great!