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I hope it works out for all of us.
Reuniting those that created the 16 Billion Dollar Bank Run and Guise the Old under the New.
Rinse and a Repeat.
We’ve been told 32 Billion for so long that you failed to do your own arithmetic. 33-8=25
I too don’t know where the extra 1 billion came from but I’ll be glad when it’s shows up in my account.
Enjoy.
Wowalters, that’s is phenomenal, thank you for sharing. Also, I’m glad your friend had positive results.
Reptile, Cancer needs Sugar to survive, without sugar(fructose), cancer cannot survive. Go All Natural! Good Luck to you and a Your Family!
I have to admit my Heart aches every time I read this type of message. I’m so sorry for your loss and I hope you don’t spend it alone.
AZ, Thank you so very much. I appreciate you taking the time and answering me back.
AZ, I’m pretty sure you’ve answered this but I’ve stepped away from the board for awhile. Where the escrow shares affected by the Reverse Split? Thank you in advance.
100% Failure? Laughing my As Off! Read the agreements again. It’s in the writing. They’re not breaking any speed records but they are far from Failing!
I wonder if this has anything to do with New Residential’s secret pubic offering?
Old, congratulations!
This might be in the 10/31/08 filing, where the parent co. accounts can stay just the way they were in the DTC.(Escrow)
Bbanbob, I hope Time starts Telling soon. Lol
Yes very! Going back to the filings prior to bankruptcy and looking at the agreements and players, solidifies my theory that this was a Planancial Crisis! The Bankruptcy was just a Vehicle used to Create a Credit for (a)or multiple Tax Free Transaction.
Royal, I could not connected these Securities to WAMU but, what I did find interesting was I went to QuantumOnline and typed WAMPQ like I have done in the past and clicked on the SEC FILINGS link and if ANYONE has any doubts of the Corporate Structure. I advise you to do the same. The PREFERRED SHARES NEVER LEFT WMI!!!
Z, I am truly thankful that I listened to Bopfan. It didn’t go according to plan but the value of education I received from Strangers from all over the world on a few finance boards, (Yahoo, IHUB and Board Post,) far outweigh the money I lost Pre Bankruptcy. Now before I invest in a company, I just don’t read, I Dissect their information. Know what you Own!
H, I know that’s been your argument and to a certain extent you are correct because for Tax Purposes there “Cannot be a Connection” between the Old and the New. “I know it’s improper to start a sentence with a but, but I’m doing it anyway” But.... Through Complex Corporate Mergers, there are work arounds maneuvering those “Assets” that weren’t part of the assets that were part of the agreement and return them at a cost to themselves and get a Tax Credit for Transferring those Assets. “Assets of the assets are not part of this Purchase and Assumption Agreement.”
Those Assets never left the Original Holder, WMI. Not to mention another Key verbiage, “Perpetual”
(never ending!) I Believe you know that as well.
if I’m going to call you any names)I know you are “Intelligent” and
know or at least figure out that this is a Legal Form of Tax Evasion.
Thank you, I appreciate it. I hope so too.
We may not see eye to eye on some things but I’d rather share in the joy that you made a boat load of money on a “Phenomenal Play!” Then to drown myself in Jealousy.
Just like I was excited when Bbanbob made a Great Play with Sears.
It hasn’t happen to me yet(The Big1)but, seeing it happen to you and others, Excite me still. You would have thought, I Won! Then again, I’m not a H8R!
Again, ENJOY THE WIN!
Wow, that’s Phenomenal! I’m Happy when I see a Win!
Enjoy!
Good morning Bbanbob, that’s exactly my point. You get it. Also, what stood out to me in the last filing from the Trust was that there was no mention of Class 19. They mentioned filing Form 15, the payout to Class18 and Class 22 but, nothing on Class19.
Things that makes me go Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm! Lol! That’s your trademark.
Good morning Az, Thank you for the recap and I know I can’t say it enough, THANK YOU, FOR ALL OF WHAT YOU DO. I know you have helped countless of people around the world.
My apologies auto correct is not my friend, please excuse my typo: Am; AZ.
GM Am,
Can you Refresh my memory, what happened in 2012? Tia.
This was many years ago.(8-10years)
I haven’t tried as of recent, knowing what I know now. They Won, We Lost. It’s that Simple.
And... They are Continuing business as usual. The wealthiest just got wealthier and we the people just got poorer and less rights. Wtf have you done?
Yes I got the message and that’s when I got mad and called the FDIC and then my Congressman.
I introduced myself and let them know I was a Washington Mutual Shareholder, Preferred and Common.
No, I did not.
Anyone and Everyone Involved Had to sign a NonDisclosure Agreement! Violating the Agreement comes with a Hefty Price and when Billions of Dollars are involved it can cost you your life.
When I called way back when, I was greeted by a female secretary who in turn connected me to Justin’s direct line and I left a voicemail. I did the same for Edgar also!
They must be really busy. Lol!
Also I called Weil, Gotshal and Manges. They in turn directed me back to Justin and Edgar.
I called the FDIC to the point that they no longer list their number!
I also called my congressman.
Nobody wants to talk!
Why I learned being a Brown SkinLatino is to Treat everybody like they are Liars and Thieves and Trust No One on this Earth. Just look at the American History that is the Tell!
STOP COMPLAINING TO A MESSAGE BOARD OF YOUR PEERS,
AFTER 12 YEARS IT HAS NOT GOTTEN YOU NO WHERE!
A SOLVENT BANK IS TAKEN INTO RECEIVERSHIP AND YOU THINK THEY ARE GOING TO LET THE PUBLIC KNOW HOW AND WHY. THEY ARE THIEVES AND ARE PROTECTED BY THE GOVERNMENT BECAUSE THEY ARE THE GOVERNMENT DBA/CHASE, DBA/WELLS FARGO, DBA/MRCOOPER,! Etc. Etc. Etc.
I GOT HIT TO THE GAME WITH GLOBAL CROSSING AND IT’S 114 SUBSIDIARIES.
ETC. ETC.
I BELIEVE NOTHING OF WHAT I HEAR, AND HALF OF WHAT I SEE!
IT’S THEIR SYSTEM. ITS WORLDWIDE AND WE ARE NOTHING BUT SCUM TO THEM!
No it did not! Kmart was a Retail Store Not A Bank! HUNDREDS OF BILLIONS OF DOLLARS DIFFERENCE, NOT TO MENTION, BANK HOLDING COMPANIES ARE ABLE TO FORM THEIR OWN INCOME STREAM! HENCE CAYMANS!
Also, I found this on the strength of you. Following your lead of information, “Mr. Cooper Group Bankers”.
I was aware of their investment but to be listed as a foreign parent company is very interesting or Misleading. Which one is it? That information was straight from the Federal Election Committee website.
I was not aware that Softbank was our Foreign Parent Company. Did any of you know this?
This is very interesting. Has this been discussed?
2020 PAC Contribution Data
Contributions from this PAC to federal candidates (list recipients)
(42% to Democrats, 58% to Republicans) $12,000
Contributions to this PAC from individual donors of $200 or more ( list donors) $16,313
FOREIGN PARENT COMPANY: SoftBank Corp
COUNTRY OF ORIGIN: Japan
Official PAC Name:
MR. COOPER GROUP INC. PAC-FKA NATIONSTAR MORGAGE HOLDINGS INC. PAC
Location: COPPELL, TX 75019
Industry: Real Estate; Mortgage bankers and brokers
Treasurer: NEUFELD, JEFFERY
FEC Committee ID: C00553099
(Look up actual documents filed at the FEC)
I don’t know that and I’m not even going to try to Play with My Emotions. Lol
Thank you AZ! “KNOW WHAT YOU OWN” Lol
Lead me to read, read, and read some more and in doing so I Learned a Great Deal of Information.
I don’t want to overstep my boundaries but someday I would like to shake your hand and Greet you and a few others from this board in person like my Long Lost Friends.
Yes they were, but we are still( “Beneficial Holders”)of those (“Canceled Shares.”)
Spin it, however you like, but Perpetual means never Ending or Changing.
THERE IS NEVER LOSS OF MONEY, YOU CANNOT LOSE MONEY.
IT’S ONLY TRANSFERRED.
THEREFORE, ASSETS ARE NOT LOST, THEY WERE TRANSFERRED!!!
Remember Losses are A Business and Creat Profits.
PUTS....
SHORTS...
BANKRUPTCY...
TAXES....
DIVIDEND...
ETC...
SECRET: CAYMAN ISLANDS TAX FREE HAVEN.