Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ask Jerry or Hotmeat I think they are still receiving 44 cents per quarter!!
Quote:
Goodie that was my intent, to verify if anyone is receiving anything. I'm not asking to see bank statements, just a simple yes I get a payment like clockwork.
MUST READ!!
As most people know by now AZ cowboy recently struck some nerves by being right about the "Griffin's Tantrums" filings. Noone is asking you to kiss his arse, just be a man and get over it. Do not get a stroke for this let's move forward as a family and give credit were credit is due.
The management!
All you need to know is that the plan was set in motion long ago. Don't worry Noone is gonna be able to stop the court process. There is a reason why Big Money has been quiet all this time.
All you need to worry about is "Did you release"? If you did just sit back and relax. AZ will tell us when his WMB bonds get paid then we will know the process is moving along as planned....
Looks like some people's feelings are hurt due to the "Griffin's Tantrum" outcome...
I told you so..
Glad to hear from you AZ, I only have one thing to say to you.
==>AZ is Right<== ==> Ron is Right<==
Exactly lawyer jargon is ment to be interpreted in different ways. Its a language on its own, that's how they can get away with murder.
Well Jerry, looks like after all the @#$% u and others talked AZ was right. Now he is gone thanks to you fellows. Thanks!!
Noone in this board knows who the owner of those mortgage backed certificates are.
I doubt it. I consulted with my crystal ball, she is never wrong!!
Like I said her filings was not about protecting any of our interests and would not be surprised if settled outside court. Congrats to the people who donated money for her cause.... There is some naive people on this board. A class action lawsuit would have mean money for all of us not for one individual and on top off that we not only paying her but paying her lawyers from the little money that is left in the pot. Come Monday I would like to see the face on Griffin's cheerleaders who were badmouthing AZ...
My point is there are a lot of WAMU mortgage trusts floating around that are being settled even in 2019. Forget if I have any understanding of these many trusts or not my question was Do you know who the the owner or owners of these many trusts are. Is a simple question can you answer it or not?
With all due respect you have no idea what Griffin's wants to do or how her filing would help us recover anything at all. For all I know she could be making things worst at this stage of the game. If she is not then more power for us but I doubt she will change anything..... just my opinion but I wish she would have done this years ago and that it had been fruitfulor at the very least make Rosen pay for the many offenses he 's done against retail
Quote: "commons would have gotten 0% of WMIH shares. And Escrow Shares would also be compensated 100% to former preferreds until face, and then to former commons... "
LG
That is the most ridiculous thing I have ever heard on this board so you are saying the colorable intent and wrongdoing was only done to preferreds and not commons because preferreds rule the universe and decide what commons should get or not get. That line of thinking is not only wrong but IDIOTIC!!
LOL Why are you so sure of that? She has allowed the lawyers to bill millions of dollars at the expense of equity. She has allowed countless delays and ignore equity's feelings and suffering. The only good thing she done for equity was allowed Nate to talk in open court because she had no choice. Common sense dictates Griffin's will be just a small nuisance to get rid off.
I don't care about "Griffin's Tantrum" outcome good or bad I just want my money by summertime I need a vacation...
OHHHHHHHH JEERRYYYYYYY!! Let me ask you this then, who are the owners of all the WAMU mortgage backed pass-thru certificates that are being serviced by many banks and who also happen to have a Delaware Trustee.
Let me just name a few.
1.Citibank—Series 2007-HE2
2.US Bank – Series 2007-HY6
3.US Bank—Series 2007 OA3
4.Wells Fargo—Series 2004 PR2
5.Wells Fargo—Series 2006 PR3
6.US Bank successor to LaSalle Bank by merger--Series 2007-HY2
7.Deutsch Bank--Series 2005 ARI
This last one they settled a case that was decided on March 20, 2019 the guy had to pay 650K to satisfied the note!!
https://law.justia.com/cases/new-jersey/appellate-division-unpublished/2019/a1826-17.html
They have been busy settling all this mortgages. This one is funny, look at this one settled on 2017 a bunch of John Doe’s. LOL https://caselaw.findlaw.com/hi-intermediate-court-of-appeals/1866621.html
All these mortgage backed securities were seized by the FDIC that is why they have not been released yet. They gave the servicing rights to JPIG to keep them afloat during the recession.
So again I ask you who are the owners of all these mortgage backed securities???
Voodoo, I understand. Big Money never wanted us here, Nate saved us but Big Money might still be looking for ways to cheat us out of our fair and reasonable. Never give up hope remember this Bankruptcy is unique maybe they throw us a bone after all....
Thanks to Spaniards for letting me have some "pata negra" and "manchego" That is some sweet living.... No wonder they have a saying from Madrid to Heaven...
That's not counting the mamacitas
voodoo This all have been orchestrated to a T. They have a plan and the drop in POOP price is part of that plan . "I can bet my Montecristo's on it", now thats a strong statement....
Split T u are the only fool here for believing anything posted on a message board. This is all speculation and nothing more. You have the right not to like someone else's opinion but do not pretend you know something for fact cause we all know u do not... and you cannot predict the future either!!
Just saying
Quote:
I believe the foolishness you persist with is going to nip you in the rear come Monday. We all get your sentiment. As for me I have 2 filings that are on the docket, what steps have you taken to protect all legacy shareholders interests? We have the real facts and they are now readily available to you and every one else.
Big Money wants all the shares they can get before COOP is let loose. Those GREEDY bastards!!!
Quote:
AZCowboy, what do you think is causing this significant downturn in share price? Is it related to Griffin or something else?
Stox, I refused to believe that Honorable Mary does not have our backs, she would never give in to these wolve's in sheep's clothing. No way ,no how. She will give us our fair and reasonable. She can see their dilution games to leave retail out. This is AMerica our justice system will not let that happen. They are there to protect the little guy too....
Quote:
They took the Case because I think they found Some Fraudulent activities are going on, as I have come to suspect, the last couple of years.
ALL This Redacting and obfuscation that has been going on, I think is with a Clear Intent of Fraudulently stealing our Safe Harbor Assets from right under our noses. There definitely was a 1031 Exchange Event happened, we don't know what exactly got sold and to whom and where the payment for tose Assets went... Yet WMILT Continues to Obfuscate and come clean to us about what they are doing with the income streams... they wre supposed to be paid thru Escrow Markers as we are th Rightful owners of the WAMU Estate, at the time of emergence from BK (Remember, We we the ones that signed off "Releases")... Yet now I think a Bunch of Hedge Funds have bought into COOP, Hand over Fist , and the PPS is being manipulated lower and lower, to unseen levels, so that they can grab more. These are guys Who Didn't even sign any 'Releases' , YET, it looks like they are the ones who will REAP ALL the Benefits.. Looks like there is no an Effort to Funnel ALL WAMU Safe harbor monies to COOP directly, instead of paying them thru Escrow Markers ..AND That is FRAUD!
AZ if what you say is right that "Griffin's Tantrum" is against Plan 7 reorganization then she is not helping us at all but working against us? What a ruse....
And why would people donate money to harm us?? maybe they blindly gifted the money without even knowing what it was for...
LMAO u saying we are all gonna become Billionaires!!
OHHHHHHHHHH JEEEERRRYYYYYYYYYYYYYYYYY!! Aren't you happy? If there is no money people will pack their baggage and slowly leave the board. You will get to say "I told u so" one last time and you won't have to deal with us anymore. You will have the board all to yourself and do like Mattchew answering your own posts. LOL.... So don't worry Pardillo the End is not far away....
Quote:
You can spend your day to speculate and daydream all you want but the fact is the fact. Right now the ONLY source of our recovery is from WMILT and it is the law and undeniable fact and when Alice will be at the court on 4/22 then it will be confirmed one more time unless you keep sticking your head in the sand and that is your choice but not mine.
Having said the above, it is very scary when the writing is on the wall that there is only 35M remaining and you can have potentially 300M of claims in class 18, and so definitively there is nothing left for us.
And so Alice is only our person who will represents us to find out what the money was spent on and to ask to open every books and past documents from WAMU rime. She is our only lifeline and yet people are trashing her from morning to dawn.
All you can count on is hope hope hope like certain Pres dreamed about and did nothing and absolutely nothing.
Thanks nightdattrader, I might consider a small amount below $8. I'm glad I did not do it at $12 because I was tempted..
I agree Lodas just another buying opportunity, wish I had more money to buy more . And I'm afraid to buy on Margin...
But Jerry we all refuse to believe we have wasted 10 years of our life's looking at message boards and hoping for riches to get fractional shares and a couple hundred dollars. That is not the American Dream, How dare you!!
OHHHHHHHHH JEEEERRYYYYYYYYYYYYYY, don't be naive, she is not fighting for you. You know best case scenario for her which I doubt she could settle this with the lawyers for a monetary reward and I did not see your name on the filing. LMAO!!
MARY, WHERE IS MY FAIR & REASONABLE????!!
POOP trapped in the "Slaughter House" No way Out, Shorties having a Field Day!!
Looooddddaaaaaaaaaaaaaassssssssssssssssss!!
The $1B question? Is Jay pissing his pants yet and planning another reverse split or is he eating caviar on his Tahiti vacation counting the days for WAMU's bankruptcy to close and start the fireworks??!!.
These underwriters are a piece of work. "FOLLOW THE MONEY", I like It!!
That's interesting Mordicai, Thank you!!
Quote: " So the LT acting without power or authority took what was owed/guaranteed former shareholders and gave it to the underwriters. The LT then made misleading statements to the SEC and us making it look like the transaction/distribution was on the up and up. So this matter has to be corrected by the court, whether or not, additional monies flow to shareholders from the waterfall. "
Mordicai
That is a powerful and serious statement. People could go to jail for that!
What is curious to me is they filed the answer right away as if they were expecting that response from the WMILT. I don't think these guys are playing..... I hope this Ciardi Firm catches Rosie with his pants down!!
And who is gonna received the money award if granted???
Conclusion:
For the reasons stated in the Objection and those set forth herein, Griffin requests that this Court recognize her standing to object to inclusion of the Underwriters in Class 19 and grant the relief set forth in the Objection.
Fraud???? Really???
31. In its response to the Objection the WMILT states that Griffin made a representation “in the Griffin Objection that there is an additional $10 billion of assets available to the Debtors’ creditors and equity interest holders.” (Footnote omitted.)
32. What Griffin actually said was that “if the WMILT recovers more than $10 billion, [the Underwriters] will receive more than 100%” of $72 million.
"Griffin's Tantrum" is gonna cost us money!!
FAST RESPONSE!! FIREWORKS?? She seems feisty