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c'mon man. SHE is the judge that allowed the EC in the first place. Without that allowance and therefore standing, WE and most likely, this board would be gone. not just gone, but long gone...and forgotten.
All of us have one thing in common, we believed in the
American justice system
AGREED. Question is will we still believe after all is done. I hope so...we'll see.
so just the monthly returns that have been building, uncollected, are sufficient to more than make former P's whole, as well as every other class subordinate to them?
I thought what is safe harbored is ours. Are there other investors that aren't us? If so, are their earnings segregated somehow within the trusts?
ABSOLUTELY AGREE
the price is going lower because it's being manipulated. we have the same lack of a business plan as last year and the year before and pps were pretty much flat then. weak(tolerance wise) hands selling into stronger hands. believe what you want. i'll be buying
wow, pretty neat...I bought in right after they announced the deal with wmih. i'm up over 3% today.
pretty sure it wasn't the scibe that erred
IX.Purchase and Assumption Agreement (2.44 MB PDF File - PDF Help)
ATTENTION: The reference to "Schedule 3.1a" in Article III, Paragraph 3.1, (page 9) of the
WAMU P&A Agreement is a scrivener's error—there is no Schedule 3.1a isn't it interesting that by doing a web search for "FDIC scriveners error" the very first thing that pops up is the 9 year old wamu case?
unfortunately this board is not going to give you or any of us F&R, however, there are enough educated shareholders here, representing a large number of shares, who are not gonna wait FOREVER. also, there's a good percentage of shares that didn't release that would come back into play. can THEY take that chance? again, jmo
your choice
nope, I don't have an ignore list...that only creates bias. not my opinion...fact. and if there is no limit I guess you'll be here forever and i'll continue to check in from time to time to see if we are to that point yet, but we're getting close. also, that 10 year issue changes nothing in the point that you clearly missed.
IF things don't fold out the way the deep diggers here think it should by the 10 year anniversary that the fdic has to abide by, my bet is the legal guys watching this as well as people on this site will establish a "gofundme" site to get enough money to garner the attention of big law firms to get what is ours. really, groups like this are not or don't need to be voiceless anymore. jmo
try a little positivity and logic. and quit acting like it's somehow AZ that screwed up...he's only advised the board participants about 50 times to "know what you own", and AZs' not the paymaster. jmo
to be fair the bod said in another meeting a couple of years ago that they have to be very careful with what kind of info they release due to there being competition with much deeper pockets.
yup. they are not here to lose, they never are, and we are right here with them. also, kkr is known to be a very secretive outfit, they even had to defend their business plan in court a few years back. not sure how it turned out. but we are still here, and we own what was protected by the corporate veil, that had nothing to do with the banking operations, their largest, but not by far their only asset. kkr gets access to all that on the cheap. jmo
nope, wanna sell your shares?
from retail investors point of view, this stock was always dependent on a merger or acquisition. with none stated, why would anyone expect a notable increase in pps? the reason most are here is because we are original stakeholders in a company with 5.6 billion dollars in NOL tax credits, and we are very, very lucky to be here. also, don't those 3.5 billion additional shares have to be issued before they get reversed? right now they are only authorized. right now they would be r/s from 206 million shares?jmo
how's that a good deal unless our current positions in wmih get increased dramatically somehow. 100wmih=90.00 for 1cit=49.84. I like your first numbers better. those 3.5 billion authorized shares go to escrow markers, then merge depending on the actual value. that sounds like a pretty good deal. if that happens, seems like the lower the pps when that event happens the better.jmo
what about if their claims are based on compensation/benefits provided via stock? it seems they would be treated differently than retail shareholders. anyone know?
how can you once again in the present be wrong about two days that haven't even dawned yet?
yeah I know I was here. I believe someone already explained to you that he was billing for his staff. besides that has 0 to do with what's is or is not gonna happen in the coming days, it just doesn't. maybe, just maybe your rich friends don't effectively and efficiently handle their finances. if you're truly rich and always NEED more money, that just means you're greedy to a fault or don't take care of what you have. just sayin'.
but they have made enough profits. goodnight.
maybe that's the only way they can insure against lawsuits from those people. one thing's for sure it will be interesting to see how it all shakes out. I wouldn't think those lawsuits would hit until after they know how we faired.
everything has an end
So, if there is nothing more to see here, if there's no recovery, and it's so dire, why are you still here. I'm pretty sure if you're correct, which I sincerely doubt, we'll all, or most of us will figure that out after a period of time. Are you here to protect those incapable of understanding and protect them from assessment from the likes of AZ,lg, ron and others, which by the way, makes sense. I'm always curious when people take so much time dwelling on the negative..continually. That's the kind of thing that makes me go hmmmm, anyway.
yeah it does, there's a second link for analysis...first time in all these years I've gone there pretty cool.
no, he has a good business plan...be the bank of the usa. only way to do that is cannibalize wamu and immediately establish a nationwide presence..overnight. and work out the details afterward. this is the afterward. kind of things that happens when government and the powers that be screw up large, and get caught.jmo
they give those shares to the holders of escrow markers for their stuff. jmo
What exactly is your point? Corruption, yeah, that is, and has from the beginning been obvious. We're still here with the big guys in finance and are now ORIGINAL STAKEHOLDERS in WMIH, just like them. DO you know some magical way for them to jettison us, while not themselves and not place themselves in legal jeopardy? I don't. If they're good, we're good.jmo
Question: Why would a company with no business plan on record authorize 3.5 billion additional shares. Generally speaking, companies after emerging, if anything, are going to reduce their share count, not increase it with no business. That certainly doesn't make it attractive to the unknowing retail market.
And all these shareholders here, on this board, and not on this board, are gonna sit idly by and get screwed again with our eyes wide open? get real. I'm betting this is probably the most engaged and educated group of shareholders of any stock out there. That level of engagement was not lost on the judge either, so yeah, get real. We did not release for a second screwing, period.jmo
well, when the economy is such that you're losing advertisers and JPMC steps in with 3-4 high end commercials in each and every commercial break for the entire life of the bk proceedings till por 7, it's not surprising. Having said that, there seems to be a whole bunch of attention-grabbing news events emerging to hide this settlement within.jmo
well I've already it narrowed down to a year for sure
I agree but legally there is a big difference. paid back and then plenty more, give it back, thanks for the help. not their money.
I agree. It's really interesting that high end financial reporters/analysts/whatever like Charlie Gasparino refers to FNMA/FMCC as being in RECEIVERSHIP as opposed to a CONSERVATORSHIP(honest and real) wherein both entities would have already been returned to their owners. big ole slush fund,imo.
it seems like during the bk, motions were being filed late in the evening a lot of times.
c'mon now, you couldn't do it if you wanted to.no reason to do anything rash.
That's interesting. I've heard that a lot of the people that actually worked inside the Bank didn't know either.
huge dead cat bounce
anyone watching l2?