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Good summary. Thanks. We still have some hope.
yea maybe bop should have suggested something like that.. seal the source etc.. oh well.. all done now.
She's out of avenues though. The supreme court is a very slim chance. I guess she can appeal walraths ruling today?
Nope.. at least drag who she heard it from into court too.. but who knows if any of these people actually exist..
That's the thing.. she must have known they'd ask for the source..
Coop the tell? We will be fine?.. after today's hearing Im not buying it anymore..
I know eh.. it's taken like 2 yrs .. and we still don't know why the uw got moved to 19.. nor did the judge ever demand a reason or explanation in open court, at least for the record
The thing is I think many of us assumed susman had figured it out amongst closed doors all those years ago .. didn't someone say we should of held out for more? .. Rosen at one point even said we could go after 'the assets' or along those lines at a later date.. but to date we still don't have proper closure on these items
Just like how did dimom find 30bil amongst the corpse of wamu?
Or how convenient after years of Bk they are down to mere dollars away from wetting class 19..
hopefully the june 30th payday still stays.. if it exists.
I can't agree more. Just get it done.
Only maybe if walrath can control her own court and do most of the talking .. often in the past Rosen was in the drivers seat. Maybe it will be different if it's Ramos
Fingers crossed for June 30th
Maybe easier to negotiate up from 10b vs down from 600b..
If it were up to the wmilt, and it still kind of is .. and if they actually controlled the assets.. no doubt they would pull a 'kmart' or similar on us
Sounds a bit like trump, no offense.
Can only dream that Ramos or Rosen or whoever say in open court " actually, your honor, we just got word assets have been found and we plan to distribute to legacy shareholders in short order, please sign everything and send us on our merry way"..
Yea one thing no one has ever told us about the past 13 years is exactly what is fair and reasonable. If it were the wmih turned coop (via reverse split) shares that we got a number of years back.. then they should have stated so. We can only hope this completely wraps up for good in the very near future..
i thought AZ didn't provide dates?.. but man.. june 30th would be nice..
Yep.. answers.. hopefully bop digs something up or at least gets them to agree on a number..
Where is this rumor from?
wild uneducated guess from me.. but i wonder if by lowering it to 10 bil.. it is to get the other side to possible bite and respond.. fine. there is 10 bil coming back.. vs 600 bil which is too astronomical
I agree it could all be bs.. but there's nothing much else going on anymore.. so let see if this last bs run goes anywhere
Perhaps it's all smoke.. and won't reveal anything more than what we know (which honestly is not much).. but can't see how it hurts at this point..
At least she's putting it on paper.. which is more than anyone else has done is 10 plus years... Until the day the other side comes out saying they will pay us and put it on paper.. we have nothing
I can only hope. But nobody knows.. this will go into extra upon extra innings.
Yep.. $600b is a lot.. if it's a third of that at $200b.. we would still get a fair and reasonable recovery..
I'd be ok with that after so many years... At least you can put new tires and rims and go on your own way,.. better than them driving it off and never seeing it again
Maybe we should bug our brokers and see if their back offices know of rumblings coming down the pipeline..
I wonder if SCOTUS could make her reveal her sources, at least behind closed doors or confidentially if they decided to hear her case.
You'd think those payments would be the easiest to return to since they presumably don't impact the 'assets'.. I hope they haven't gobbled up the payments already
I recall reading once upon a time..$1.8 to 2 per common for every $10bil returned to us..
Wmih shares wouldn't have been so bad if they didn't do the reverse split.. massively diluting us
Would be nice to get the initial 10bil back first..
maybe it's somewhere in all the redacted documents from years ago. but I guess we will never know.
Kind of sucks we are all being held up because of this.. we'd like our money ASAP too..
Yea but hopefully it doesn't take another 6 months to a year for her petition to go up and then for SCOTUS to diddle daddle about it.. does the high court even look at this stuff? Like the actual judges or I wonder is it reviewed and screened by clerks and then punted back down if there's no perceived merit
Yea.. the 2.5% or $25 (assuming P recovery at PAR) doesn't make sense.. to fight over it I mean.. inflation alone is equal to it.. the longer we can't get our money back.. the more it devalues and such can't reinvest it to grow..
I hope SCOTUS just smacks it down and we can get on with it..
Do the folks at KCC know if the LT has shuttered its doors?