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BBANBOB
And wasn't it a wonderful thing that happened to preferreds!!!!lol
One more!
Newflow
LT only applies to BK. And BTW we shall see!
And I think in some ways COOP MAY BE somewhat of a "tell".
STOXJOCK
About time for concise and straight forward skinny on the way the players set this whole thing up. Let's see when we start reaping the rewards! Thanks.
Newflow,
We don't care if they lent out the assets.
DR
What payday?
Devon
Get all the assets out there in the short term and the disgruntled have little recourse for litigation?
BOB
OH I guess there might be something coming within 14 days of the 19th. Just sayin
ST
Its all about the IRS, IMHO
RD
So many possibilities to finally come to fruition!Going to be exciting this holiday season.
Best to everyone that has skin in the game!
RD
Lots if coincidences here!!Lol
MB
A huge difference.
CWG
Wasn't that like 40 billion?
Does anyone have the foggiest why coop is tracking jpmc stock price????
Tia
Split T
Whose shares do you think we will be receiving for our escrows? Thanks!
Goodie
Not sure about commons. Maybe 1 coop per common escrow.
I don't think any cash will.be transacted.imo
Roach,
ME thinks the escrows are linked to shares of COOP. Don't know the exact formula but would guess at least 40 coop shares per escrow share. So with coop at $25, each p escrow share value $1000. I expect Coop to be a minimum $200/share stock in a VERY short time. Since I have around 10k of coop I will obviously be a happy camper regardless how escrows turn out.
Good one Goodie!Lol
Too many here with NO concept of the worth of holding companies. Geez!!
RD
Actually, I think I am being somewhat conservative. The thing I wonder about is that the powers to be invested in a mutual fund that invests in large cap stocks. Kinda risky. But hey if it works you are golden with these LARGE investments!
RD
So if this is but one fund where the remote safe harbor funds were placed, we could have had a NAV of say $10/ share and let's say this particular fund had 10B of WMI ASSETS, we would be made whole for escrow Ps and so my 200 Ps would be worth $200,000 times 4.5 = $900,000. Just for this fund! My guess other funds are involved. Hiding the sausage in broad daylight. Pretty sweet and easy to figure taxes. Makes a lot of sense to me.
LG
Thank you!
STOXJOCK
I hold a few hundred Ps and would be ectastc for a return similar to what you have described and kudos to all that hold more than I.lol
LG
So cancellation of the escrows does not affect us? Do our broker escrow accounts become our relevant beneficiary accounts?
LG
So cancellation of the escrows does not affect us? Do our broker escrow accounts become our relevant beneficiary accounts?
Henson
We could expect our distribution to be similar. There has to be some type of a typical distribution format, you would think.
LG
I assume we are talking very Large Green in the 1st Qtr of 2020?
RD
Dividends for 11 years!! Not too shabby.
Wamu gold
We don't really care if there are any remote asset distribution this year!!lol
RD
In November?
No distribution this year. What numnuts would want the funds late in the year and have to turn around and pay rates in April! DUH!
MB
From your lips to God's ear!!!!!!# lol
Go ESCROW HOLDERS!!!!!
It will.
Mordi
If there is a lawyer in the house practicing in Delaware, perhaps they could inquire on behalf of us and request the documnts?
RD
LEST WE FORGET. We are here riding the coattails of the big boys. I hold a few escrows here and there, nothing close to some here. ANYTHING coming to escrows is gravy to me at this point. Best of luck to all escrow holders. GO COOP!LOL and my xx,xxx shares!
Seth 06
SUB goes belly up. Brick and mortar for the next or just appreciating asset for the holding company.
HM
Was 2nd and union a sub of WMI?
HM
BTW tax records would show the owner, for sure WMB was not the taxpayer for all the brick and mortar in their empire, doesn't work that way. And for sure JPMC sold the WMI
HQ building out from under WMI. Pretty confident that cash will be coming back to the estate.
HM
IMO it is not published information.
Lodas
Will be remembered as one of the worst presidents in history. Really a klutz as far as finance is concerned. I know nuclear physicists who are real air heads as far as common sense is concerned. Does not go with the territory as far as the real world is concrened. A second degree in business with a major in finance and business economics as I have would have served him well. Just sayin my friend.
BBANBOB
YEH, We remember Jimmie very well!! Darn peanut farmer!#lol