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I called. Mike said there were 7 employees there. I told him only a Lisa and him answer. He said I would just have to call back to get someone else. I asked for any of their names and he wouldnt give them. He also said they expect to have pr emailed later today. I asked why the stock was being bashed and he said to lower the price. He said it was a legitimate company and he believed in it. I asked if he owned any shares and he said he couldnt tell me that. I asked who his supervisor was and he said Jim Burton. I heard phones ringing in the background and just one voice which I would assume to be Lisa. Atleast I got another name out of it and they are located in Denver where the calls are going to. Hopefully someone can call either of them or one of the "seven there" and verify who the supervisor is...
next pr they could say they have actually accepted an offer.
thats what I got too. 45k is coming pretty quick
on board with 50
voo, they just said once again recently that basically they are broke.
close enough. He also said we will get over $3 a share. Lets see. I am glad I dont have alot riding on this, but sure as he09 wish I did back in Oct.
this is from their site. under filings. The other address is Denver, but this one is Canada.
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=333-153293&owner=exclude&count=40
they never said they were going to sell for $1.75 a share. They did say this was an offer. But hey, if it is a scam, those who got in 2 months ago and sold in the past two days have made a killing!
A bank was offered $2 in a buyout. around 3 days later the new offer was $10. Go saei!!!!!!!!!!!!!
still waiting on that sj and waiting and waiting.
fubr and broke fdic. You should be seized.
Great job standing up to the crooks today.
I wonder what Rosenshiza will do if por is denied. He would be lost for sure. And the next step is trustee.
wikileaks. Oh wait, nevermind. ilenes will be here later to brief on her experience in court today I am sure.
maybe its so we cant appeal. Lol. another thing, can we donate to united with silver?
man you are lost. Fdic loses alot of cases. And the irs as well. A female nurse REPRESENTING HERSELF beat the IRS this year.
absolute priority rule does not pertain to proof of fraud. fraud proven changes everything. we are not in bk to pay less debt, we are in bk because we were stolem to protect what we had. The ec attornies are trying to prove evidence of fraud, and collusion. The enemy is trying to pocket everything they can and get away with theft. Evidence and testimony is making ground to be in our favor.
A&M= bk fraud
WGM= coi and bk fraud, legal malpractice
The CRO for A&M is clueless
Bigger players will follow.
Every court filing points to all getting paid. Prospectus or not, we arent in reorganization or liquidation, where preferreds would get paid first. Fraud and collusion are involved.
Anyways, it is odd how equity was $500m out before a Washington Judge dismissed $29 billion of the Marta Claim. The marta claim was a factor in keeping us out of the money. Now where is that money Rosen.
Trial or an EC agreed upon settlement would pay all at the same time. On paper atleast.
Y! is a circus. The bk expert is also now a stock market professor/expert. Nowhere does it say preferreds have to be paid in full before commons get anything, EXCEPT in chapter 7 bankruptcy. Some good dd would help form a conclusion this company was stolen. You can not steal a company and get caught, walking away with just paying for part of the company. Let alone Rico damages which can triple the value. It makes as much sense to say this "preferreds have to be paid in full before commons get paid", as for me stealing your house and just paying you for your refrigerator while keeping your house.
You can do a few hours of research on b/k and figure it out. Here is a hint we are in chapter 11 b/k and not chapter 7. You welcome. And we all will get paid.
Preferreds have traded above face value before seizure though. I want enough to stash ateast 1000 ounces of silver. Weil is looking for scapegoats, and I believe A&M is going to be history.
completely wrong. Preferreds do not have to be paid in full before commons get something. And commons can get $8 a share before preferreds are paid in full. Fraud changes everything. People should know this by now.
read. and nothing is the answer. any share is paid when you sell it. the price the stock is at when you sell is up to you. If you have a bus, we can use it.
senate has less info than a&m, I am sure they are the leading authority on losses. Examiners report is garbage, hence it was thrown out. Senate was to protect FDIC and the social security holding company. Besides $2 or $3 billion in bad mortgages for a compnay worth over $100 billion is chicken feed. I guess every company should be shut down that owes a few billion. Dimon colluded with the fdic and also did bid rigging. They will not go untouched. Dont forget JPM is selling mortgages that arent even theirs.
Wells fargo is leading the pack with around $347 million in fines these past two months alone. Jpm will lose in the tens of billions eventually. They are skating on thin ice and will be teetering on the brink of bankruptcy. And no, if Jpm is gone the country wont be ruined further. What are they, the second or third largest bank. The Madoff scam will wind up costing JPM at minimum millions. People rarely hear of good companies being sued, just the corrupt ones. Jpm leads in this area. One day these lawsuits against JPM will turn into criminal charges.
Got silver????
Are we leaving out the Marta claim being greatly reduced in this figure. I thought with it reduced we would be billions in the money.
Id say A&M will be the first to fall.
What were they willing to pay for the $50 to $100 billion in assets. I could safely assume more than $1.88 billion. Probably a minimum $25 billion. Not including future found nols. Wells Fargo has been fined a little over $300 million in the past two months. $240 something million for overdraft fees is one of them.
he said no cooperation and not enough time to finish. He went with what he was told. Drop it, nothing can be done. Just $3 million down the toilet. No Recouping it.
I thought examiners get immunity.
let alone over 2 years with no asset list, and multi millions in fees per month. A&M will lose alot of business, if they survive. This may help ol' Rosey out. What a joke of a firm. But we all knew this long ago. More clawbacks....
Anyone smell scapegoat in the works...
also FDIC at the time of seizure could not seize a banks holding company, which they did. Jamie Dimon stated we have made Far more profit off of Wamu than what we paid for it. JPM profit for the quarter before Wamu was seized... $500 million. Multibillions since. Wells Fargo has been fined roughly $340 million in the past three to four months. Jpm was in a world of hurt. tier ratings are available for him. keep up the good work!!!
I think it was $39 billion now it is $10 or $9 billion. She tapped it real hard with $29 billion off. GFYSBR!!!
Part is gone. Months ago washington judge reduced marta by $20 billion.
Blackstone and read seventh paragraph.
http://finance.yahoo.com/news/Blackstone-raises-bid-for-apf-3625761385.html?x=0
and this mentions blackstone and tpg have ties
http://www.google.com/url?sa=t&source=web&cd=3&ved=0CCQQFjAC&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FTPG_Capital&ei=0injTLaNBsSblgefxPyzDg&usg=AFQjCNFhQHRbvOFhAocLPIGsyIPjG7x3BQ
No other bidders had emerged for what was then the country's biggest savings and loan. The reporter still does not have all the facts nor do they state that JPM was the only one allowed to bid.
most buyouts and mergers come on a weekend.
It would be nice and show merit if for the fact they did not put that preferreds have to be paid in full for commons to receive something. That is complete bs. The only way preferreds have to be paid in full for commons to receive something, is under chapter 7 bk. People should know this by now. It is all there for people to read and they still cant figure it out. I also figure the majority of people that post on y! are high school kids in economics class. Go whomever will get us the right price.
you did say that, and I think real or abighammer said that as well.