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FBRC?
nice ti hear you again
let them joking, the Game is very simple
our EC is there to stay
Go WAMUQ
Go Justice
friday was once again a attempt to show that WAMUQ is worthless
I expect tomorrow or later in the week that the EC gives her statement about the ridiculous offer of friday
I think he will look like this:
ridiculous, and grossly frivolus
8 $ frivolus
8x2 also frivolus
8x3 will be ok maybe
Go EC
Go Wamuq
go justice
sorry uzual the offer from yesterday was ridiculous
go EC, say them what we think
Rosen knows that what he said yesterday was a very big bullshit that explains why he's laughing
this is just a diversion to give the shorts to cover
it will be very interesting next week
because the fu.. setlement from yesterday was making with the consent of JPM FDIC
right, the 4 billion is our
now let the BIG GAME beginn
agree
A monumental deal struck Friday in the bankruptcy of Washington Mutual’s holding company is likely to leave the failed bank’s common shareholders with nothing and could spark a further legal battle in the months-long, complicated bankruptcy case.
The $6 billion court settlement that Washington Mutual Inc. (WMI) stands to receive is likely to cover only a fraction of the claims against the estate, according to analysts and bankruptcy experts.
Claims from bondholders and preferred shareholders alone total more than $11 billion and rank higher than those of common shareholders, who are at the bottom of the list of creditors to be paid, according to experts.
As a result, it’s likely that the equity committee representing shareholders in the bankruptcy case will object to the settlement, said Mark Northrup, a bankruptcy attorney at Graham & Dunn PC in Seattle. That could further delay any workout agreement.
WaMu’s closure by the federal government in September 2008 wiped out an estimated $7 billion in shareholder wealth.
The newly formed equity committee representing shareholders was left out of the settlement between the holding company, JPMorgan Chase & Co. (NYSE: JPM) and the Federal Deposit Insurance Corp. (FDIC), according to testimony Friday morning in U.S. Bankruptcy Court in Delaware. An attorney for the equity committee did not immediately return a call for comment.
“It’s unlikely (shareholders) will receive anything, which may have been why they were never part of the negotiating,” Northrup said.
The settlement, which could spell the end of the 18-month-long bankruptcy, faces several more hurdles before it’s approved. The boards of all three parties — WMI, JPMorgan and the FDIC — as well as the bankruptcy court judge must sign off on the deal, according to experts.
Representatives from JPMorgan and WMI declined comment Friday.
An FDIC spokesman said, “We are pleased that a tentative settlement has been reached in a very complicated bankruptcy.”
While some industry watchers applauded the deal as the end of the complicated bankruptcy, WaMu shareholders reacted with anger and frustration Friday. The stock closed at 19 cents, down 47 percent from the previous day.
“It was a panic,” said Josh Thomas, a shareholder from Kansas. “No one understands what’s going on. It’s weird we have an equity committee that wasn’t aware of settlement talks.”
As part of the settlement, WMI has agreed to drop a federal lawsuit against the FDIC and JPMorgan, according to court testimony. JPMorgan has also agreed to take over the administration of WaMu’s pension plan.
http://online.wsj.com/article/SB10001424052748703447104575118032380481108.html?KEYWORDS=washington+mutual
J.P. Morgan, WaMu, Regulators Settle Dispute nothing else
this is the mother of the stocks ever
buys and sells are pari now , and the rest , what do u think?
thx
buys and sells are pari now , and the rest , what do u think?
thx
? volume over 40 millions , sell or buys
i think the shorts are covering
the dicision is just over the deposit ? plaese answer
stay cool fish
if they read our ibox , then they cant write something ridiculus like that
keep cool
go wamuuuuu
FF close in 1 min
COME ON
was meinst du
what?
83.023.517 FF
8.782.794 MC
4.994.489 BERLIN
28.583.074 STUTTGART
SUMME GERMANY : 125.383.874
MONSTER
the next 2 days will be a great SHOW
GO WAMU
we are over 110 Millions VOLUME
HAHAHHAHAHAHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
what a buy
because of the hearing still now ?
why all the convusion
i see my shares in germany too
An attorney for Washington Mutual Inc. says that discussions aimed at settling the disputes have accelerated recently, and that FDIC and JPMorgan want time to try to reach a resolution.
go wamuuuuuuuuuuuuu
i have my ticket
rediculus Volume
go volume
run baby run
where is the wamu crazy guy
diamond
up with this wall
0.265
that mean:
its done !
thx so much