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I hold both classes. Unfortunately, court only opened the door for preferreds. I had huge loss in commons.
Not really, if the lower courts rules dividend issues, preferreds survive.
Yup, agreed
Especially for preferreds. Gov't gets, we get as well.
What things not left between JPM and Lehman?
Tks
Yup, agreed
The only concern is the money does not match the whole claims $1.2B.
Because class10 is subordinated to class 3,4,5 which are senior.
Correction: ENRJP
I think that he means ENJRP.
It did not mention 2.5% for WMIH.
I guess that NOL return is around 1.5% of FV for CTs.
It also explains the reason that we, as escrow holders, are waiting for so long, and JPM issues debts of hundreds billing dollars.
Excellent, thanks. It is a great Christmas gift.
I'm experiencing the same
Nice guess.
Great, wonderful, so glad to enjoy seeing your posts again.
welcome back.
When I was in Chengdu, China last month, it's hard to connect iHub. Occasionally, I might get connection during 4:00 am local time.
I own more preferreds than common.
1) if government exercises warrant, preferreds will get FV or more plus the interest. The rate is pretty high, at least is safe.
2) common will be worth more than preferred in a long term. However, I am worry about the GM's case. Commons were wiped out, and AIG that the commons were diluted badly. So, there is more uncertainty to commons.
3) I am fully satisfied preferred at FV, not greedy at all. My investment was average around $0.85/share since day 1.
4.3b does not include the common and 4B for Tepper.
Excellent, thanks for the info
If MY51 is right, preferreds would get interests.
Cost is around $50.
Thank you very much.
Do you know what is the difference btw LNCOQ vs LINEQ, one moves north better than the other one.
Thanks
Does FDIC-R have to follow GAAP rules? Or, FDIC-R can supersede GAAP by her own rules during BK?
Do you know what symbol is for preferreds?
Tks
Correction : BBEPQ
Correction: BBEPQ
May be related to recent pop of BBECQ.
So, there has no billions hidden assets in WAIIC.
I am totally out of date.
What is your minimum estimation of return to LT that you've seen it? Of course, others are the icing on the cake.
Appreciated, GLTA.
I think LG can answer your question. I had the same concern as yours. In any rate, I am fully satisfied with FV and accrued interests.
If FDIC holds our assets, can we claim back since she is released?
IMHO! Some HFs or ??? Try hard to accumulate cts through advocates here to bash the whole things. They knew CTs are golden.
Cts are hybrid, it could be either credit or the highest equities. If not, customer vs affiliates, then Cotton's points kicks in, JPM will pay us.
The language in POR is no longer valid after exit of BK. ASk Joe Stock.
Yes, we are all satisfied after BK. However, the key is NOL. Previous equites must own 51% of the Lehman2.
In your theory, are creditors will own 100% of the Lehamn2? Then, how could Lehman2 keeps NOL, which is the only thing left to attract new investors? If we contribute to high creditors, then is it the preferreds and commons should give us theirs?
But, in order to keep the NOL, the previous equities have to own 51% of the Lehman2. The creditors share other 49%. If we are on the first of waterfall, we will grab whatever then the rest goes to other equities. Also, the creditors are satisfied in full after BK, no more contribution from us to creditors.