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so should we expect years ??
Friday, 02/22/19 01:34:05 PM
Re: None
0
Post # of 562755
It feel like 3 to 5 years before we see so little I hope iam wrong
Yep you are correct . Some people insist on the wistful thinking ideas that's does not change reality ..common own the estate done deal on day one
AZ I think he Maybe he find out that nothing will come to us so he decided to leave even he did try to help I must say
It feel like 3 to 5 years before we see so little I hope iam wrong
Tuesday, February 26, 2019
10:00 AM 08-12229-MFW Washington Mutual, Inc. and Joshua R. Hochberg, the Examiner Ch. 11
but but we can't do anything at all different you trust them or NOT
Okay question if the poster able and can see that 30 billion been taken away from us you must realize that's the judge in that level of experience and in the middle of it see it too what can you make out of that ????
So no one Monitor and enforce the steps of the process since they must think that they can do it....
to discourage and diminish the remaining retail participants ... as many as possible …[doesnt make sense].. after they have been working on shaking retail off WMIH/COOP for the last[ 7 ]years with the delays.. [doesnt make sense] either..how any one know if we still have another 5..6..or 7 years to go and with more than half million post most of them [doesnt make sense]either
No one will change her/his mind so we should the issue of 75/25 to the end or not ..that will good maybe try to find where we stand in the process and what's next
AZ after the 21st we don't know what else or any more delays we just don't know not trying be negative but it's hard to think that we will let loose? ?
so the order is stayed for 21 days for an appeal and if none and with Doc #12499 has Been Completed.
GRANTING the Trust's Motion
Bankruptcy Rule 510 has now compeleted so after the 21 day hopefully we see $$$ within dayes or week or two
AZ or anyone can think that we may see $$$$$$ in February 2019??
yes he did
AZCowboy
Sunday, 11/18/18 09:14:01 PM
Re: 2221 post# 547553
0
Post # of 556130
~ 2221, It Simply Wasn’t All WMI’s, So It Isn’t All Ours’ ~
That’s what is wrong with all of these ... “pie in the sky” ... continuously presented wishful’ numbers ... they simply don’t consider the truth, and they don’t portray reality ...
“Washington Mutual Capital Trust 2001” ... is the one’, of them that needed to be considered by the Court, as a CMBS Trust, it had many participants, including some $30 billion (ish) in foreign bank branch deposits alone, that were not FDIC insured, and were also not reported in WMB or WMBfsb’ ...
... Yes, WaMu as a multinational, also had branches in
thank you sir
2221
Wednesday, 03/15/17 07:31:44 AM
Re: None
0
Post # of 554296
We need to write a petition NOT LAW SUIT TO FDIC R AND general district attorney and the trust and we can send copies to anyone who may involve with our case lawyers court and so on . asking straight questions after 9 years we have the right to get closure about what is really done concerning the equity class 19 & 22 who released ..we may add more questions right to the point concerning asset. We have the right to know. .just saying the worse thing can happen they don't respond but if too many sign we may have chance to get respons instead of 9 years of guess good luck to all
Width of the frame start here and now for the Length we do have a little problem it can go as far as 2022 my guess 2020...Happy New Year all
Is it possible that they going to drag this down to a similar price for what we are going to get .for example if we are going to get $8 for Us then this will go down to $8 then the old share will come alive at $8 of course iam just guessing here .any in put from az a-dmdm2020
iam afraid that we all going to get something and is not what you think of........
Not sure why people ignoring the 3 years extention I think we still have way to go 12 to 18 month .of course if the money 5 years ago I would say that super late but nothing we can do but watch and wish. .oh yeah baby ..Vegas 2020
ther is many theory out ther range from crazy hundreds of billions theory to 86 billion then reasonable 24 billion .. iam leaning toward shaft theory
AZ 22 Wamuq, the original stockholders the releasing participants (1.215 roughly 60% ? were discouraged but released), so $8.25 ish, roughly what WMI wanted to sell for back in 2008' (fair and equitable)
now thats8.25x1.215B=10.02 B so about 10 B for 22 wamuq ..now with what you/we know say that hundreds ABS-Cert Performing trusts and one of them ' ABS-Cert Performing Trust is a $74 Billion .. so where all that money going if if wamuq just getting about 10 B ?? thanks
agreed. and that consisted with 3 year extension filed few month ago..
after reading very carefully all posts that explain 75/25 to the end and after a deep thought my concolusion is...………………………….. AZ is right
CBA09......Our situation - Retained Assets ( which will be there ) within SPE/Trust are in the form of residual interests via Certificates held by subsidiaries of WMI (Parent). Safe Harbor rules protect these assets to pre-bankruptcy ownership. The Court nor the estate have no avoidance / claw back power. Fact - Court will ensure / protect the transfer of these assets to it's rightful certificate holder.
Rosen Hopefully planned on making a "Special Distribution" in November .is that the 40 m left in LT ??
Agreed 100% thank you
AZ if all the asset are liquidated and becomes money and that money will go to Escrow accounts my question is so what's in it for the new company wmih?
AZ you saying very soon? What about the extension (3 years )yes may not be all the 3 years but 1 or 2 could be until fdic and jpm solve them problems
Prefs and Commons are cancelled in relating to bk (only) but not for the preforming Trusts mbs..Safe Harbor Assets have no claim to them so the 75/25 limited to bk only.. when we gat paied ? after settling any existing claims but most important and time consuming is resolving "NON WMB assets the fdic transferred to JPM in my opinion
FDIC closing in September 2018 ? But The employee claim set for February 2019 class 17 not settled yet which ahead of us in water fall and we have this 3 years extension filed and then p& Us some time in 2nd quarter 2019
Ok what where asset that backed p k and Us?
the equity committee was officially dissolved..ok who they are? can we find/contact them? and ask them what is going om?
CBA09 Post #532815 In a solvent entity shareholders cannot force a distribution. A Corporation, thru it's board, has to declare a distribution of it's profit before shareholders are to receive any distribution in the form of dividends.
PSA are compelling and indivisible - only one end stop - Escrow Markers.
I did try to get the message board to do anything about that to write a petition just the right to know and all of us sign this petition I remind them that Nate Thomson was able to turn everything upside down just by himself and he was not the most knowledgeable on this board but I couldn't get through
Disagree. They don't care they got so much power and and even any power that really count and matter (government /federal courts / fdic and many entitys all the above is very much involved or gave the green light
To take it down so the rest with all due respect not important the reality we are your average Joe
some one love his escrow post this ..quote ... for Escrow, my view is if you were issued 10,000 NewCo/WMIH shares, then yes, i believe with a six multiple you could end up with 60K possibly more depending on forward multiple.... if you do the math Us would recover only 20% from the initial investment that's mean if you have 330000 old Us you got 10000 and you end up with 60000 I think he should say love only preferred escrow . and iam going to say AZ right..... lol
Q who owns the asset in your opinion ? And what outcome would be fair and reasonable in your opinion?
quote.. If the bankruptcy process does NOT control ownership, then how would they know where to send the funds and WHO owns them? wrong assumption .. the bankruptcy process does NOT control [[[CHANGING ]]ownership of any remote remote assets in safe harbor
. why is that? because , thay are remote assets in safe harbor
Safe Harbor rules protect these assets to pre-bankruptcy ownership. The Court nor the estate have no avoidance / claw back power. Fact - Court will ensure / protect the transfer of these assets to it's rightful certificate holder. DONE DEAL IMHO