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WOAH... haven't been watching... we're alive?
It's .0001X.0001 and sells have been more than 10:1 over buys the last couple days... But hell... you could buy it at .0001 right now and hope the bid goes to .0002 some day. That's double your money! That being said, I'm too weary to fall for this again.
Buy Volume: 4.9 million
Sell Volume: 145 million
Ahh good to know. Thank you.
Only $7 for commission... must be why it sucks
Scottrade won't even let me put a limit sell in for .99 on WAMUQ
ATPG - Looking pretty attractive this cheap
Why is this so cheap?
Is the hearing still set for tomorrow?
Link to post?
Yeah what do all these PRs mean?
.0005 is 500% higher than the current bid. I wouldn't call that close.
I see consented not "conceeded" (conceded)
Gerard Uzzi : WAMU's lawyer...
Practice Experience
Gerard Uzzi is a partner in the Firm's Financial Restructuring and Insolvency Group. Mr. Uzzi regularly appears nationwide in corporate bankruptcy matters and workouts on behalf of troubled companies and other parties in interest.
Recent and noteworthy restructurings and bankruptcy representations include:
Mirant Corporation, one of the largest producers, generators and marketers of electricity in the world. White & Case served as lead debtors' counsel in its successful Chapter 11 reorganization before the US Bankruptcy Court for the Northern District of Texas involving more than $10 billion in debt-the largest bankruptcy filing in the US in 2003 and the 10th largest bankruptcy filing in US history. The Mirant engagement was a critical component of the Firm being named the 2006 IFLR "Restructuring Team of the Year";
Adelphia Communications Corporation, among the largest and most complex ever filed in the US Bankruptcy Court for the Southern District of New York, White & Case served as counsel to the Ad Hoc Committee of Arahova Noteholders, one of the principal protagonists in the inter-debtor litigation. After extensive litigation, White & Case was able to secure an additional US $2 billion of distribution for Arahova Noteholders, resulting in a near full recovery for the Firm's clients;
Delphi Corporation, the spun-off parts manufacturer of GM, whose Chapter 11 filing constitutes the largest manufacturing bankruptcy case in US history. White & Case is currently acting as counsel to Appaloosa Management, one of the largest shareholders of Delphi and principal investor under Delphi’s proposed restructuring; and
Communications Dynamics, Inc. ("CDI"), as one of the leading suppliers of construction, maintenance, and rebuild products to the cable industry, CDI accounted for 25 percent of the US market for cable infrastructure equipment sold through distributors. White & Case acted as lead counsel to CDI in the Chapter 11 cases before the US Bankruptcy Court for the District of Delaware.
Bars and Courts
Florida State Bar, 2004
US District Court for the District of Colorado, 2001
New York State Bar, 1997
New Jersey State Bar, 1997
US District Courts for the Southern and Eastern Districts of New York, 1997
US District Court for the District of New Jersey, 1997
Education
JD, St. John's University School of Law, summa cum laude, 1996
BE, Stevens Institute of Technology, with High Honors, 1991
Languages
English
Citizenship
United States
October 30?
What time is the hearing tomorrow?
thanks nostradamus
Powder-laced letters sent to banks in 9 cities
WASHINGTON – More than 30 letters containing a suspicious powder were mailed to Chase bank branches and federal banking regulators' offices in nine cities, authorities said Tuesday in what was being investigated as a first, if extreme, public backlash over the nation's financial crisis.
Initial tests on the powder proved negative for poisonous or otherwise dangerous toxins, the FBI said. An FBI spokesman in Oklahoma, where eight letters turned up, said local preliminary assessments showed the powder was harmless calcium.
Additional tests were being run on the letters Tuesday as officials zeroed in on possible suspects near Amarillo, Texas, where the letters were postmarked.
"Most of these letters contain a powder substance with a threatening communication," the FBI said in a statement.
"Even sending a hoax letter is a serious crime," the FBI said.
A law enforcement official said the letters were mailed to Chase bank branches in or near Atlanta, Chicago, Columbus, Ohio, Dallas, Denver, Newark, N.J., New York City, Oklahoma City and Washington. They all appear to be from the same source and began showing up at the banks on Monday, according to the official who spoke on condition of anonymity because he was not authorized to discuss the matter publicly.
A second law enforcement official, also speaking anonymously under the same conditions, said authorities were looking into whether the letters were sent in anger due to the cratering economy. Authorities would not release the text of the letters, but Gary Johnson, a spokesman at the FBI field office in Oklahoma City, said the threat was "based on past actions of the bank" and that the letters implied that the opener was going to die.
U.S. Postal inspector JoJan Henderson confirmed that the letters appeared to be related. The U.S. Postal Service and state and local officials also were investigating.
The letters were sent against a backdrop of eroding trust in U.S. financial institutions. The country is battling its worst financial crisis since the Great Depression of the 1930s, where borrowing money has become much more difficult and a lot more expensive for consumers and businesses. The situation has roiled Wall Street and threatens to plunge the U.S. economy into a deep recession.
One of the main goals of Washington policymakers is to restore confidence in the banking and financial system. To do so, the government has announced a flurry of drastic actions in recent weeks. The government is injecting billions into the country's biggest banks in return for partial ownership. It is also guaranteeing new bank debt and has boosted deposit insurance from $100,000 to $250,000.
The crisis has left home foreclosures at record highs, has shriveled Americans' nest eggs and has catapulted unemployment.
No injuries were reported after any of the letters were opened. Mary Jane Rogers, a spokeswoman for JPMorgan Chase & Co., said some employees, including a pregnant woman, were examined as a precaution.
Eight banks in the Denver area and eight in the Oklahoma City area received letters containing white powder, officials there said. All Denver branches reopened Tuesday.
Nine branches in New Jersey and a Chase credit card center in Elgin, Ill., also received similar threatening letters, said Greg Hassell, a JPMorgan Chase spokesman in Houston. The credit card processing center in Elgin is about 30 miles northwest of Chicago.
Susan Olafson, public information officer for the city of Elgin, said the facility there received two letters, one Monday night and one Tuesday. She said both letters were mailed from Amarillo.
Hassell said authorities were in the process of clearing those locations, and some of those nine New Jersey branches were still closed as of Tuesday afternoon.
One of the letters was received at a Federal Deposit Insurance Corp. building in Dallas and another at a U.S. Office of Thrift Supervision branch in nearby Irving. The letters were similar to those received in other cities and no one was hurt, FBI spokesman Mark White said in Dallas.
Jeff Lyttle, a spokesman for JPMorgan Chase in Ohio, said a Chase branch in the Columbus suburb of Grove City received a threatening letter on Monday. The branch was closed for a short time and reopened at about 2 p.m., Lyttle said. No employees were injured. Lyttle said he was unaware of other Chase branches in Ohio that received letters.
All the suspicious mail that has been tested has turned out to be harmless, Hassell said, but other Chase branches around the country "are on alert."
http://news.yahoo.com/s/ap/20081021/ap_on_go_ca_st_pe/bank_threats_fbi
Kinda alive... bid going between .0001 and .0002. You'd never be able to sell ECCI at .0003 these days.
See ECCI
Are you kidding me? You say the public does not perceive JPM as the bad guy?
UPDATE 1-At least five Chase banks hit with letter threats
DENVER, Oct 20 (Reuters) - At least five branches of Chase (JPM.N: Quote, Profile, Research, Stock Buzz) bank in Colorado and Oklahoma received threatening letters on Monday, some containing an unidentified white powder.
A spokeswoman for Chase said the letters were delivered to three branches in the Denver area and locations in Oklahoma City and Norman, Oklahoma.
Some of the envelopes contained the white powder, Chase spokeswoman Mary Jane Rogers said, and one employee was treated for a rash as a precaution, but it was not clear if the skin irritation was caused by the powder or had already been there.
She identified the Colorado branches as being in Lakewood and Arvada.
Fire Marshal Kevin Ferry of the Cunningham Fire Protection District near Denver said the powder in one package was found to be harmless, though the substance had yet to be identified.
That branch was inside a supermarket in the Denver suburb of Centennial. The supermarket was evacuated as a precaution.
Several bank employees who had close contact with the package were sent to a local hospital for evaluation, he said.
A police department spokesman in nearby Lakewood, Steve Davis, said a white substance found on a parcel there appeared not to be dangerous and resembled talcum powder.
JPMorgan Chase & Co last week surpassed Citigroup Inc to became the largest U.S. bank, and has aggressively acquired other assets as the financial system has weakened, including the banking assets of Washington Mutual Inc.
Rogers said Chase would not release the total number of banks affected until they were sure all the letters had been found.
"We immediately called the FBI and Postal Inspection Service to handle the matter and ensure the safety of our customers and employees," Rogers said.
She did not know the contents of the letters or if they contained return addresses. (Reporting by Dan Whitcomb and Steve Gorman; Editing by Doina Chiacu)
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN20189420081020?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=22&sp=true
Ever seen In the Army Now? Pauly Shore's military specialty was water purification cause his "brother was a pool-man." ECCI needs to hire him.
Clean H20 for all!
.0001X.0003 300% spread - this is the real deal
That's wrong
Bid size just grew a lot
.097X.098
What do you mean?
ECCI up 100% with a $10 sale at .0002!
460K at .10
Wider spread... preparing for the .005 spread that comes after .10
WAMUQ .995
Life's a garden. Dig it.
BOULDER
WAMUQ green
GREEN .097X.098
huge buys hitting the ask
Huge bid support at .096... ask at .097 thin
WAMUQ about to go green
.096X.097
.097s hitting - back to even