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I wouldn't get too worked up. Lodas just gets salty when people don't accept his "interpretation", which very often includes words that just aren't in the document in question.
Like WAMU was one of the worst offenders. Learn something.
Well, you've never succeeded, so there's that.
...When it never should have mattered.
What sort of luney goes "all in" on just one class, anyway?
Thanks for letting us all know where you stand. 0% credibility.
So you've already linked a certificate of dissolution (or equiv) for WMI, and everyone missed it?
For that matter, does COOP still exist? Technically, I shouldn't be questioning the obvious, but you don't seem to be right in the head.
Prob is, that could be referring to class 16, more easily than 19 and 22.
Wow, great wall of angry text, that doesn't address the question at all.
Chad has been contacted repeatedly. KEEP UP.
Oh, is it the "truth"? A feeble mind's opinion, stated as fact is the "truth" now. I guess times sure have changed!
Censor this too, coward. You're the one who needs to "grow up".
No, that hasn't happened. You are a liar.
"It's like a insane asylum...lol"
Because you're here.
Um...those are both dated several years ago...?
At this point, discrediting AZ is like shooting fish in a barrel. There might be better uses of your time lol
"the most gullible are the last...."
And you still post frequently, because....?
"the Vaunted "LIBOR Settlement Date""
What date would that be?
Are you asking a wild, presumptive question, as a roundabout way of whining and moaning?
They're gone because they both happened to change their minds suddenly, for no reason, and not tell anyone.
Maybe bank auditors are just crazy. Yeah, that could be it.
Do you ever think before you post?
Didn't get your transitional shares? Devastating.
So I guess you're here to read JWW's stock price theories that fail just as consistently.
"The hedge funds probably also signed Non Disclosure Agreements with fdic and jpm, that have certain conditions and timelines agreed to.."
Along with the tolling agreements signed, perhaps...?
From your link, I'm reading:
"Expires On 2023-10-17"
Where are you getting an expiration date sooner?
"Why should they dilute their shareholders?"
Yeah, it would be a first for them, right?
Agreed.
That's what she said
Good and interesting finds today. Thanks for posting :D
Hasn't it already been established that they were gonna be converted to new equity, rather than paid down, anyway?
Did you mean that literally, or proverbially?
No activity to report for last year.
Soz....?
"On September 26, 2008, JPMorgan Chase acquired financial services company Mr. Cooper Group for 1.9B USD."
They got it wrong. Likely has to do with bots doing a half-ass job of tasks requiring human-level intelligence.
This has been gone over.
Not a very good poll, if there's only 1 option lol.
Basically, either vote in the affirmative, or abstain. No way to vote against. Sorry, invalid as a poll.
A PIPE dream? Bah-domp-CHH
Interesting, at a minimum.
"You mean the loan portfolio, that wamu, and other banks had that almost upended the whole economy?
Pretty convenient to leave out the root cause of the downfall.."
The root cause might be idiots who always believe the Official explanation for actions of govt and pseudo-govt agencies. Not that YOU would fall under this umbrella, certainly!
"Those assets have nothing to do with the Bankruptcy Court and WMILT."
Why are so many people not getting that?
Eh...I'm sure that wouldn't generate any ire, esp. not from billionaires such as Tepper et al. Yeah, why not. They must be stealing the legacy assets from these defenseless, complacent billionaires as we speak.
LT appears to be gone. Can't say the same for WMI.
"No hidden holding company value is being distributed to old wamu equity."
And how do you plan to go about proving this negative?
Real evidence only. Mental gymnastics not welcome.
"Well we do know where it is..."
No, you don't.
"At the start of the payments, was it known what the total would be?"
Yes.
We were sent statements containing such info, via slug mail, which was the same conduit of payment (paper checks).
Anything we would/will receive thru the WMI->DTC->Brokerage route, wouldn't be via paper.
And *zero* business days for that matter.
To answer a question: Yes, the escrows for PIERS poofed before payments even began, and it took several years longer for them to be paid in full.
It's like the LT has been screaming at us for years now: the escrows do NOT denote entitlement.
DTC has our records, as of March 2012. Any payment will be dispatched thru them, to our brokers, who will dole it out us individually. Whether they (brokers) use their own records to determine each portion, or DTC's records, isn't really my concern.
JPM didn't get the 100s of billions of assets in the trusts, and FDIC isn't holding it, either.
For anyone who wants to believe that such assets will ultimately go anywhere other than to the beneficial interest holders of WMI, feel free to do some digging as to where this vast wealth has been absconded to.