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AZ but the FDIC balance sheet says they have already paid $151B in claims and receivership has zero money or assets retained. Lets say the money and assets have been turned to Delaware Statutory Trusts, why hasn't the FDIC been released yet???
BECAUSE YOU WILL GET A FRACTION OF A SHARE OR A FRACTION OF ONE CENT LOL They cannot distribute that..
Quote:"How can money be donated to charity if we are not made whole?
The difference is you are trying to compare a Lamborghini with a Ford Pinto and there is a difference...
AZ is the best analyst in here..
AZ section 350 states that the court shall not close the case until the estate is fully administered and the trustee has been discharged. So does that mean Kosturos have to start distribution before bankruptcy close or not neccessarily?
LMAO!! Quote:"~ “Wild Guesses” ?, Are LG’s Department ~"
As AZ pointed out on Griffin's
Quote:"a copy of which is annexed hereto as Exhibit “B”, Griffin misrepresents what was stated by the Bankruptcy Court and what would necessarily follow"
Quote:"WMILT submits that the judicial process must move forward and not be inappropriately stymied. Griffin has failed to establish the basis for withdrawal of the reference,limited or otherwise, and certainly cannot sustain the heavy burden associated with enjoining this Court or the Bankruptcy Court from consideration of the Application, the real relief being requested. For all of these reasons, the Motion must be denied in its entirety."
Quote:"there is a disconnect between the request for relief by Griffin and the standard for withdrawal of reference because Griffin is trying to apply the standard forwithdrawing the reference to a motion seeking a stay of an order that has not been entered. The Motion is not only legally insufficient, it is fundamentally and foundationally flawed.
Quote" Griffin fails to provide any rationale for how barring consideration of the Application will expedite the bankruptcy process. On the contrary, such delay would be inefficient, a waste of resources, and an ineffective means of administering the Debtors’ chapter 11 cases
Ouuucchhhhhh!! Amateur at best
Short green just how many times you think Griffin tantrum has to be denied in order for retail to get their fair and reasonable. Another 3, 10 or 20x??
I cannot wait for bankruptcy to close before the year ends so we can get some distributions started early next year. We been kept in the dark for far too long we need some clarity action taken soon, people are getting desperate including me...
AZ I know u know whats going on but some others just pretend to know but don't know squat until someone competent like you comes along and start parroting what u just said.
Thanks for all you do.
ITS MY MONEY AND I WANT IT NOW!!
I BET LG IS WILLING TO WAIT TILL 2050 FOR A PAYOUT!!
YOU GUYS ARE THE ONE TO BLAME YOU ALLOWED SUCKMAN AND THE EQUITY COMMITTEE TO DEAL ON YOUR BEHALF AND YOU TRUSTED THEM TO PROTECT YOUR INTERESTS THIS IS THE RESULT SO NOW LIVE WITH THE DOUBT UNTIL THEY GIVE YOU A HINT OR NOT...
Who said Bbob was funding TPG mole??
She is not preventing anything she is not helping retail she just wants to get paid, lucky for us she is not... her filing is pure garbage
LOL u do That! Show me the Money Rosie
Quote:"Love it I will give BR a call :)"
We owe all of this confusion to Suckman!!
==>AZ was always Right!!<==
We already know that, you are not saying anything new!!
Quote:"Also showed Kosturos is the DST Trustee. So sit back and watch for DST distributions starting between January and March 2020 assuming the Bk case is closed in Dec/2019"
Can someone please tell me what is behind door #3??
If it turns out I wasted 10 years of my life on this board I will be a sad person for a while but I would still love u guys and would do it all over again. You guys let me dream of riches like I never had before...
I would of thought after 11 years at least a pat on the back would be in order...
At the very least COOP is gonna brake loose!
Well if escrow will be cancelled lets just pack our things and move to another board!!
COMMON WHO ARE YOU TRYING TO FOOL YOUR HANDS ARE ITCHING TO TOUCH THAT MOOLAH!!
QUOTE:"Wamu gold We don't really care if there are any remote asset distribution this year!!lol
Quote:"..I JUST WANT ANSWERS! "
Don't we all!!
I still do not think there will be any remote asset distribution this year..
Mark this Post!!
LMAO, as AZ pointed out on Griffin's
Quote:"a copy of which is annexed hereto as Exhibit “B”, Griffin misrepresents what was stated by the Bankruptcy Court and what wouldnecessarily follow"
Quote:
"WMILT submits that the judicial process must move forward and not be inappropriately stymied. Griffin has failed to establish the basis for withdrawal of the reference,limited or otherwise, and certainly cannot sustain the heavy burden associated with enjoining this Court or the Bankruptcy Court from consideration of the Application, the real relief being requested. For all of these reasons, the Motion must be denied in its entirety."
Quote:"there is a disconnect between the request for relief by Griffinand the standard for withdrawal of reference because Griffin is trying to apply the standard forwithdrawing the reference to a motion seeking a stay of an order that has not been entered. The Motion is not only legally insufficient, it is fundamentally and foundationally flawed.
Quote" Griffin fails to provide any rationale for how barring consideration of the Application will expedite the bankruptcy process. On the contrary, such delay would be inefficient, a waste of resources, and an ineffective means of administering the Debtors’ chapter 11 cases
Ouuucchhhhhh!! Amateur at best
Just like Demon stayed quiet after all the help he was given, right? He was also asking for tax credit even though they got TARP money. LMAO!!
These guys greediness have no boundaries...
QUOTE:"Never never ever believe what RosenCHIT says....
I have been saying that for years, he likes to toy with retail!!
Funny how there is so much emphasis on the underwriters interests to move to a lower class for a few bucks more. If this is such a Big Deal what about the interests of the hedgies in this play? I would of thought they have way more to lose owning so many millions of shares, yet they remain quiet. Why is that?? Some care about money but others do not!!??
YEAH RiGht!!
She is just trying to get paid, too sad she found some suckers along the way to fund her enterprise. The rookie will find out she is not in Wonderland no more and will be outplayed by seasoned players.....
She is not getting part of my pie!!
Let's Git er DOnE Cotton!!
Could be WAMU and Lehman finish the race together since they have MBS in common!!
Thank you so much goodie...
AZ people are saying Citibank and Goldman are buying Lehman debt, could you please confirm this with links over lehnq board please if you have time??
Ohh I did not know you were asking AZ, you are in good hands buddy!!
Wildboar my advice would be not to seek for investment advice or real answers on a message board seek a licensed professional but even then they might not know squat as to what is really going on here. Hope for the best...
Quote:"Guess my question must not can be answered.. no replies at all"
WB
Well on the other hand I do not think the heavy hitters have been QUIET for so many years to get peanuts!!
Quote:"~ Mr Gold, At This Point ?, IMO “Anything’s Possible” ~"
Yeah I understand there is a substantial amount out there but many people including LG, Bob, tanja, RD etc were claiming a minimum of 150B and possibly more.....
Do you think that is a possibility?
Oh what about dmddmd20 numbers LOL!!
An Oldie but priceless!!
wamugold Monday, 01/28/19 12:43:29 AM
Re: A deleted message 0
Post #
556607 of 596197
I'll give u another analogy. Let's say Bbob invest on a company that makes Barbie dolls suddenly the dolls go out of style and your precious company suffers a devaluation. You decide not to sell the company because you are hoping they design a new Barbie doll that is not out of style and can sell for a lot more than the originals but nothing ever materializes. By then you sold half your position at a loss. But after 10 long years management realizes now they have a warehouse full of antique dolls that are worth a lot of money. Insiders find out and they start buying millions of shares. Would you feel cheated??