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lehman and wmi could merge holding companies in bk. im sure barclays isnt over here just window shopping. this could be big for wmi and its shareholders ! lehman is doing a spinoff company for shareholders since the company couldnt be unwound in bk . that would be perfect. both companies taken care of and a new company name to hide the fact that both are collectively back in business and shareholders are accomodated in both instances. fdic and jpm are clear from indictments and all is good in the world.
this could be the back door way they merge lehman and washington mutual. just like i predicted a year ago. lehman already has a bank writing mortgages and making money. seems barclays wants the cream of possibly washington mutual too. since barclays reaped a great profit from lehman and now they have to do a spinoff corporation because it couldnt be unwound. this would be the perfect opportunity to merge everything. nice and neat and rothchild gets the spoils and jpm gets the debt and the shaft. once again rothschild uses our govt to do their dirty work. "global agreement" means barclays. and jpm did not take all of wmi's banks and the banks in new york the fdic ran will be returned to wmi too. and jpm is off the hook for the dough to some extent. seems we may have a global agreement! jmo.
Yea, just like the announcement on tv prior to takedown of wamu by fdic. and wamu hadnt even been notified. msnbc snd cnbc are closer to the fed reserve and govt than you think. how did they know before wamu?
no i feel jpm will be the one sacrificed. wmi is not the only plantiff. more lawsuits pending. also glass stegall will be reintroduced and jpm will be broken into 4 imo. why is JD running away if jpm is coming out smelling like a rose? they are not. also you cant buy something that is not for sale! wmb is the only thing they are discussing. the holding company is well and will be able to afford any bank they please upon turnout. and they will be the only holding company with a solid balance sheet and assets. they didnt take tarp so the govt cant have a hand in anything. they are golden and wmi will be back. brick and mortar banks are so old school. they could be an internet banking entity and blow the doors off jpm and goldman sachs in pricing and interest bearing accounts. no overhead! there are alot of avenues for wmi to explore. but i feel they had this plan set well before the "surprise" takedown of fdic and jpm. they are too schrewd. you cant play a player. they have seen everything, been through the depression, and thwarted these thugs. dont count them out!
they have no choice. the ball is in wmi's court. wmi filed bk to stop fdic. jpm stole assets they had no place taking. title was never transferred of any asset. the 4.4 bil was a trap for fdic and jpm to fall into. the plan worked brilliantly! jpm wanted a controlled takedown with no competition. they couldnt afford wamu. they were overleveraged and out of cash. they stole the cash and assets to prop themselves up. the fdic will have to return what is rightfully wmi's. wmi has to agree to sell their bank for the right price not what jpm feels they want to pay. fdic is nothing more than a thug arm of the treasury so the treasury keeps more of their money for themselves. (bair worked for treasury before going to fdic.) they send out the dogs to do the dirty work so the fed reserve bank jpm is stabilized without draining them. jpm will pay, fdic will pay and wmi will return to banking once again. providian is returning to its rightful owner and all wmi's shareholders say amen! and thank you judge walrath! and i also believe wmi will be back in business once settlement and bk reorganization is done. why go thru the hassle of getting a new ticker? this is going to be very hard to explain away to the american public when wmi returns. i dont think a confidentiality agreement is going to help keep this situation under wraps very long.
fish, thanks for the reply. i left for dinner after i posted. i missed all the drama. i heard rockie was belittling me. thanks for the well wishes. still doing great health wise and money wise. sorry i cant PM. i understand the cusip number hasnt changed. but i was asking about the date of the setup of the EC committee. will that serve as a sort of "record date" for shares bought prior and up to the formation of the EC? because the judge did ask for a shareholder list prior to authorization of the EC. that was my only question about that. i am certainly long with wmi. havent sold any just flipped them and bought more! thanks for the backup also abighammer with rockie! both you guys are great! i guess rockie thinks i need to study up on the stock i'm up 4000% on. i obviously know nothing about it. lol!
drrugby, i wanted to ask you ...if i buy the pq's now after the formation of the EC are they still good? formation of the EC doesnt hurt the stock bought after it does it? TIA. sf
fish, i wanted to ask you... because i want to buy more pq's and uq's. does the date of the formation of the EC have any bearing on the payout of the stock? if i buy now is it still considered the same? TIA. sf
i bought in october and i am up 4000% and i havent sold anything...just reinvested. this stock is amazing! the nervous nellies here are going to be on the outside looking in if you dont commit soon. WMI ticker..here we come!!
it seems the courts are getting letters about the way citpq was extinguished. and how goldman sachs was taken care of and how you have to pay for documents in the case to find out what happened. cit has not been removed from kcclcc website and i feel the way the reorganization was handled is under fire and is still in question.
OR a cabinet seat in the WHITE HOUSE. or maybe Geithner's job? i see alot of primping happening here. Geithner's in seclusion after last session. and JD is rooming with the prez. looks like a change of the treasury guard happening soon. and what do they need to do to keep the "golden child" golden? SETTLEMENT!!! jmo. hi, fish!
thanks!
rainbow, is it true that you only pay 10% cap gains on divis? i think thats right. right?
why isnt wampq trading?
God has a sense of humor too! he made you right? nuff said. (just a joke).. here's a joke jp morgan went into a bar and ordered a beer. he said "when jp morgan drinks everyone drinks! then when the bartender came around he threw a dime on the bar and said "when jp morgan pays EVERYONE pays!" lol. how true, so true!!!
rockie you better hush up about my joke. it was a joke i read. and yes ladies tell jokes too. i listen to "youse guys" jokes all the time womanizing that pin up girl Lindi. the women on this board will get equal time here if we have to read ya'lls too! wow you're A FEISTY ONE in the mornin'. let me get my coffee so i get up to snuff.
is this billionaire not doing what the banks did? the banks gambled and lost and wanted a backstop by treasury if they lost their bet. but this goes a little further. his directive was not met by jpm. it is not jpm place to use his money for their gain. they did not follow his wishes and had no place playing God with someone elses money thinking they were going to make a quick buck, then put his money back and everythings o.k....he'll never know. well, they lost and this man never knew what was going on with his money in the first place and the gamble flopped. they must pay and pay big imo. money back plus damages for "stealing" his money and doing with it what they saw fit.
absolutely, this board needs to weed out the trash. this board is about DD. we have no time nor should we have to deal with the same crap on the yahoo board. we are above that.
jpm will be lucky to have 10% left after they are broken up. jpm i feel will be the sacrificial lamb for the fed reserve and govt to distance themselves from the generated economic crisis. gs better be looking over their shoulder too. big docs coming out on leh and they want them expedited! got parlay? i do!!! jmo
HROLLER on a roll !!! busted..
i think she has given them all the slack in the rope she is willing to give. she has let them run and run with their attitudes,excuses, posturing, and finally the blubbering idiot in the last session begging for continuance. she is now reeling in the slack. the noose is tightening and i think she's ready to let them hang themselves. she has a fiduciary responsibility to wmi for their turnout of bk in 18 months in delaware. and i feel things, next session, will be fast and furious. settlement will happen and wmi will return to be the biggest thorn in jpm side. i will be the first to put my millions in wmi's new bank. who better to trust than the one that made you rich! jmo. p.s. mornin' jerle, oilstrike, silicon! God is great! and he is in control! he is going to handle this situation and wmi will prevail!
i know michael. i just see stuff posted by some clueless people that dont know a thing about our country's economic history and how its repeating itself, and its infuriating. i dont post as often as most. but i am really passionate about wmi stock and getting justice. it is just amazing the coverup that is taking place in america. it has really made me very weary of trusting anyone or anything i read coming out of the media. this stock, i feel, is going to be the only good that comes out of the bleeding of the american taxpayer. i'll try to keep the politics out but it truly goes hand in hand in this situation.
thanks for the links. hroller..are you buying gold? i am so scared they are doing to investors what they are trying to do to china. how can you trust what you get is solid gold and not coated. it is a shame that everywhere you turn a sham is taking place.
a very staunch position at that. dont get me started. i hate when "so called entitled people" or other companies steal from hard working ethical companies and people to eliminate competition because they cant win or play fair. it shows they have no business model and make a point not to. if there is a govt that sees they can make a buck off incompetence or the "perception" of neediness in the too big to fail scheme.
also read the "rothschild thug family dossier." very relevant to today. without the quick thinking of wmi's front guys and their hot shot attorneys along with tpg and the trap set for the thugs at jp morgan and fdic we could have gone the way of bear stearns for sure. i truly think we are ironclad. but with the govt stealing of solvent entities who really knows. the only thing standing in the way of takedown is judge walrath. she seems to have our interest at heart and i feel she will definitely follow through and make all thugs pay.
NO! savvy investor.
yes, boy what it says for today's banks. when Thain is your #1 pick? this country is in for a world of hurt. and CIT settled for a leader. there was no one out there better? sounds like govt "helping" CIT setup their board. same old shuffle. same ole good ole boys getting taken care of. nothing new to see here.
these guys are major pumpers. i dont know how great they are.
good night. im a woman though..but i wont hold it against you. night mehedi.
i'm only staying up to see the cspan thing with voelker. totally covering their asses over the banking crisis and public marriages of banks due to the lack of funds to cover deposits.
is anyone watching cspan right now. Dodd is harping on reigning in what he caused in the banking crisis and banks owning hedge funds. im on the east coast and the grandstanding has started on cspan at 145am. what a dog and pony show. but no talk about wamu? go figure.
do you know what the cit stock has to trade to for the trigger to happen for CITprG? they have until feb 12th right? thats 60 days.
my cit commons were cancelled entirely. but my cit-a were not zero'd out and are pending CITprG. when should we hear something about this stock? is it around feb 8th?
walrath is probably telling his "hypothetical -ss" to sit down. she wants hard figures not hypotheticals. its been 15 months and this guy is playing with fuzzy math? hemorrhoids are forming on the bench people!
smackdown in progress....beep...beep...beep
cant wait for the walrath wrath! this guy is a joke. he's bringing in fdic estimates? they didnt care what they took. now they are trying to use their estimates after scrivener's error...what a joke!
i'm not a vulture investor.....i'm a sophisticated investor! they are mad they are on the outs and we have the golden tickets!!
do you know if there is a number to call and listen in on the case?
i've seen worse in your posts! lol...i get you! no worries. keep me in the know when you get a hot tip. with your DD i will follow you to any board. thanks zardiw for caring about me.
thank you very special. you are very kind.