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also I thought a judge cannot deny a shareholders meeting. Shareholders meeting happen if a company is solvent or not. The only thing Walrath can do is have shareholders pay their own way,
thats great. Looking forward to making some green here.
If they drop the e on the ticker, there wont be any splits? it is just a cusip# change. Are we hoping for a buyout here. Thanks, I might pick up a bunch of shares tomorrow..
how do you think they would hide the billions to pay out under the table? Creditors/shareholders wouldnt catch on? The new stock is just a funnel to pay us when they cancel the new common. I dont see them having any way to hide paying us.
Susman being quiet is not good. When Hochnerg goes before Walrath and Susman or one of his crew is not there, then I would worry. Why would one of the tip people at PJS meet with Willingham and have an expensive dinner($180 ish) then before they were around $40. Was that a farewell to equity and a one last meal on the house...............
march 12 , 2010....
this guy is still a waste. he should know they cant gift the nols away. Ots said we were solvent. I dont think he said anything about a asset list either. Should have an accounting firm go through this, not a lwayer. Lawyers know how to make money, not find it. Unless it is from their clients. Lawyers are not creditors and they ask you for you social security number. That is so they can see how much they can charge you
thatd be great if trustee is appointed now. screw the bs. no filings, nothing until trustee is done. Lawyers always drag their feet, always...
Thatd be great if it drops to .01 then I would sink $1,000 for a hundred thousand shares. Willingham having $200,000 in a company doesnt mean we will get paid.
I said extension by hochberg about 2 weeks ago. He should have said inconclusive. But the guy has enough info to know there was wrongdoing.
market closed....
this is from a post on y! about proof JPM is in trouble with the theft of wamu.
JPMorgan said first-quarter gains from the WaMu loans resulted in $1.26 billion in interest income and left the bank with an accretable-yield balance that could result in additional income of $29.1 billion.
$1.26 billion in interest income off of Wamu in the first quarter. Now to earn that much interest they would have to have how much of wamu. Last time I checked, I thought interest rates were ridiculously low.
In the meantime, our good ol' buddy Dimon gets hit once again. And they keep this goof ball in their pocket. Jamie is the lawsuit king! Way to go.
http://finance.yahoo.com/news/Tribune-Co-creditors-sue-apf-2454207461.html?x=0
I wonder if judge gives them 30 days to settle if favorable to equity or says the reports become public. Afrerall, if it is favorable, by not making public, she is preventing the preseizure holders from filing a class action suit. That should be atleast $10 more billion they will have to pay.
offering commons .000001 ha. shorts cover....
havent read this one.
http://www.kccllc.net/documents/0812229/0812229101029000000000009.pdf
so do you think that means preferreds are paid in full. hmmm.
lol. Its gotta be good or it would have never happened. Hochberg, thanks! Susman, slaughter!
more....thanks to boris over on y!
10/29/2010 5714 Modified Chapter 11 Plan Modification of Sixth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code Filed by Washington Mutual, Inc. (Jang, Chun) (Entered: 10/29/2010)
10/29/2010 5715 Exhibit(s) Notice of Filing of Modification of Sixth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code (related document(s) 5714 ) Filed by Washington Mutual, Inc.. (Jang, Chun) (Entered: 10/29/2010)
On Pacer
from yahoo.
Objection Limited Objection to the Examiner's Public Disclosure of Confidential Information and Motion for Protective Order Under FRE 502(d) (related document(s) 5573 ) Filed by Washington Mutual, Inc. (Jang, Chun) (Entered: 10/29/2010)
Now On Pacer
whats ibox. Ricksy hasnt been around in awhile. I know he was lurking, but this could be the real deal. Go ibox! I mean hochberg.
I noticed the meals are cheap, until Willingham gets involved with Maxwell. Goes from $30 to almost $175. Now why would Willingham meet with Maxwell. Ah who cares. It isnt like Maxwell would have lunch with Willingham if he would be out of the money.
also Rosen has said he would do things before and did not do it.
I said it many times before and yet people still misunderstand what I meant about one gets paid, they all get paid. NO PREFERREDS HAVE TO BE PAID IN FULL FOR COMMONS TO RECEIVE SOMETHING. You cant steal the door and wind up owning the whole house. We are not in Chapter 7 bk either. We all here want to get paid.
any wrongdoing at all will get every class of wamu paid.
Jpm has what hundreds of billions and look at them. Skating around $40. Stock prices necessarily dont reflect a companies worth.
$29 billion on the Marta claim was dropped. And you are saying a=l?
They come up with this after we were granted ec, right?
yes, but all they get is a couple of million dollar fine. Make $100 million and pay $3 million fine or so.
$363 billion for us. hmm. well over $100 per common then. I just dont see that happening. I find it really amusing that fred and fan are ran by the government. Recently it was reported they would need billions more. I believe we are now bailing out the government with our own money. That would make us as a country poor now wouldnt it. Pay us and pay us well and I will be more forgiving.
I think he has enough to work with now and there is refusal of other info. He works on stuff until the next court date and then asks for enforcement. just a few things that need judge to do whatever she does and can be inspected within two weeks after 11/1.
If Hochberg is done 11/1 then he makes no more money, I hope he is done, but I seriously doubt it. Last we heard is they were not cooperating. He could get enforcement from Walrath then and just ask for a 2 week extension. Rosen isnt cooperating with people he said he would with as of Monday this week. There is still info for Hochberg to gather without going to the judge until 11/1. He can get alot done before then and just ask to get her to enforce some remaining document turn over on the first. Or he can say he recommends a trustee. Just a few things left out keeps him from submitting his progress report.
I thought the last time he asked for more time at the hearing on the deadline date. Asset mangle and we gettin all your money havent came up with figures in two years. JPM hasnt come up with numbers in over two years. It would be great if he is finished then though. Get with the program Walrath whether we win or lose, just make a ruling.
Everyone put return to sender. If it is delivered and you arent home, you can call them and they will pick it back up and return to sender...
I have a strong feeling with Rosen lieing again and everything for us being pushed back, that examiner will once again ask for more time. He will say they arent cooperating. I figure two week extension. Might be wrong on time frame but it should be easy to figure out that examiners report postponed. Hold negative comments un 11/1/10. But you can all see how everything is being held up. Add examiners report to it. Walrath do your gdfing job. Or tell us were are hosed and finish the case.
all bs aside. Marta was a liability. Marta last week was reduced by about $29 billion. Now stands at $10 billion on the marta. That is $29 billion more that we have that was not found until the judge in Washington took it off.
Hopefully someone can verify/clarify this.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=572549&mid=572549&tof=2&frt=2
examiner report will show data with documentation.
Rosen sticks to the same data without a list of anything other than debt and more made up debt. In fact one of the most recent decisions by a judge related to a multibillion dollar debt was reduced by about $29 billion (marta claim) Rosenderthal has not mentioned that at all.
Rosen called it a data point.
data point - an item of factual information derived from measurement or research.
That is one thing he hasnt lied about.