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FDIC DIDNT SIGN OFF YET!!!HMMMM!!!
In a press release, Washington Mutual said J.P. Morgan, WaMu's new owner, has signed on to the settlement, but the Federal Deposit Insurance Corp. has not.
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003262348dowjonesdjonline000619&title=washington-mutual-to-distribute-7-billion-in-chapter-11-plan
let them break the law again LOL!!
i know its been there on my level 2
right on top btig .175 and it hasnt moved, the strange thing its the first one on my level 2 so my level 2 looked like .175 x .169 all day
i have been watching level 2 and BTIG is at .175 at the bid and the ask is .1699
.175 x .1699 wtf???
Didnt see link to this do not know if it was posted!!
SENATE TO PROBE WaMu
http://huffpostfund.org/blog/2010/03/17/senate-inquiry-open-probe-washington-mutual
JUST REMEMBER THESE WORDS!!
WE HAVE JPM AND FDIC!!!!!
SEE REPLY POST!!
i seen a 600 000 share buy thats for sure eom
Mordicai, i dont know if this was answered but why cant they be fired
they were hired by wmi why cant they be fired
i know friends that fired their lawyer in the middle of trial
by not doing their duties, cant be that hard unless wmi wants to keep them.
Thanks Uzualsuzpect, I like this part
“Your honor, there is no deposit, the management ran the bank into the ground, if there is a deposit of that size, of 4 billion, then the bank would not have been seized.” We now have JPM and FDIC adimitting (in no uncertain terms) there is a deposit
Come on venable, we have them in our hands, nail them to the wall!!!!
Its just interesting that around 3:00pm we had a surge of buying on both preferreds, the chart looks identical, why around 3:00 did something happen?
WAMPQ
http://www.dailyfinance.com/quotes/wash-mutual-inc-r-pfd/wampq/nao
WAMKQ
http://www.dailyfinance.com/quotes/wash-mutual-inc-d-s-k/wamkq/nao
ALot more green bars than red, does not look like these are worthless, if the settlement proposed was going to stick we would see strickly reds.
Hold on for more rides!!!
hearing will start at 12 as per twitter
Chiron you are right about that, it doesn't matter if the pps is 90.00 100.00 or 120.00, they want to know the ruling, they got millions. twenty dollars extra is nothing if we get 40 percent or 60 percent face. Big guys want to know the answer to this looming question. Is the judge going to give the money?
Shot up to .32 euro and climbing not a bad start
Richard fuld ceo cooked the books
used repo 105 to take 50 billion off balance sheet
Lehman on kudlow report right now
It wants to go let it go damn chdn
250 000 shares bought nice come on lets see some more
Go wamu
Thanks Usuzal!! EOM
Another 75000 shares went through at .421 US at the same time and now its not registering on the volume. Volume only shows 75000 while 150000 shares got bought. Weird!! I guess all day its going to be weird. Usuzal u have Level II can u see that too!!
75000 shares just went through at .356 i think .35 should hold if not im buying more
go wamu
Wow they are doing it again in germany about 7 cents down now
final shake before the big day, seems like alot of people fell for the cnbc
blip.
Oh well t minus one day
go wamu
True but why did they have to mention anything now 2 days before a SJ announcement, and WaMu was not ever mention before on CNBC!!!
Just wondering!!!
Go waMu!!
Trickery at its best!!!
10000 SHARES BOUGHT AT 103.00 WOW
If u weren't born today and had more than one post i would believe you LOL!!!!!!!!!
Go wamu!!!!!!!
So there is a court hearing on March 4 2010 as per filing!!
Motion to File Under Seal[Debtors' Motion for an Order Authorizing the Debtors to File Under Seal (A) Certain Portions of the Post-Trial Memorandum of Law in Support of Debtors' Motion for an Order Pursuant to Sections 105(a) and 363 of the Bankruptcy Code Authorizing but not Directing (I) Washington Mutual, Inc. to Exercise its Ownership Rights Over Certain Trust Assets, (II) Distribution of Trust Assets, and (III) Termination of the Trusts and (B) Tab "A" to Appendix Thereto] Filed by Washington Mutual, Inc.. Hearing scheduled for 3/4/2010 at 11:30 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 2/25/2010. (Jang, Chun) (Entered: 02/17/2010)
Nice long weekend this weekend good weekend to fix up loose ends.
Dont wanna get caught without tickets, LOL!!
Take care and Looks like things are looking good, we will see power hour how things turn out.
Go WAMU!!!!
check post 146016 EOM
SEC Requesting Information from JOHN PAULSON about CDO trades
I dont know if it pertains to us but this just mentioned on CNBC
But these people are getting it from all angles LOL
Go Figure!!! LOL!!! eom
Paulson is on Kudlow right now
what an idiot!!!!
to reply to your post taken from yahoo
Roughly the fraction of $50 is based on accreted value of the preferred security of approximately $35.50 at the time of seizure, whereas full maturity ($50) would not occur until 7/01/2041 (or if WMI redeemed).
Go wamu!!!
Go Wamu!!!! never sounded better than today, this is just a start
Ok ill say it since he is not here
2 times plus LOL!!!!!!!!!!
fighting with our buddy Johnny Winter
By the way where is JW LOL
we r back up
NEWS!!!!!!!!!!! REUTERS
http://www.reuters.com/article/idCNWEN928720100128?rpc=44
All of a sudden nobody likes jpm, analysts,crammer,hmm
maybe they know something we shall see
Thats right thats what i heard too
Jpm is in the 38's now wow!!!
R people selling their stock???
i think it was a pre arranged buy that they posted after hours.
there is your 1 000 000 share trade at 0.0573 16:00:48
crooked MM's