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.. Judge Walrath simply capped the 16’s, and then placed “Everyone” on the exact very same level field of Participation ...
So is there a rough method to calculate percentage-wise based on the 16's return?
..hilarious..never heard of that strain..
Well, Bob I understood enough about the law to know I had no interest in the case that I was sent paperwork for...I do know what I own. Again, thanks for the snipe.
..not suggesting anything and I'm definitely no lawyer as you apparently are..but thanks for the snipe anyway...guess it's just the nature of the beast. jmo
If, IF, IF you just READ and UNDERSTAND what people are saying or relaying to the board, you would be dangerous.
..released what? It seems to be accounting for a specific time period in which the alleged misdeeds occurred, and I wasn't involved at all during the class period. jmo
..Looks like they are providing info and Claim paperwork and instructional background info regarding the settlement and settling parties, for individuals to file their proof of claim with qualifying cusip numbers.
I released, have escrow cusips in all three classes, got what is now COOP shares in 2012, and got a LIBOR settlement letter today. I'm not in the class period and have no idea why. I figure someone here will offer up some knowledge. ...and, thanks in advance to whomever that may be..
I just got one and I had both K & P, all purchased post 2010. I'm still reading it, but so far I haven't seen any reference to affecting any other settlements. I'm not sure why I got a letter at all. jmo
..but they are 2 different classes and former Q's aren't in the LIBOR action. Sounds like a trick. ...and if it is a trick, they(whoever they are)must know the value of those Q escrow markers & must NOT be working on your behalf. jmo
i think that only refers to common shares as they never have a fixed value. jmo
... I doubt I will I actually be getting one of these letters, ... Initially I only owned common shares in WMI, I didn't build a position in or own any "P"s or "K"s until the 1st quarter of 2012, ...
same here, but I wanted to be in on every class at the end to hopefully recoup something...it paid off bigtime with wahuq...3 1/2 times roi. I didn't buy any bonds after reorg though. My thought was and is that if the settling class made out that well, then the classes they settled with should do well as well...a lot of wells. aimo
If nothing else this has been an awesome educational experience. ..at least for me.
no doubt there
I'm assuming only one ESCROW lifeboat, and it's a long, long way from shore and the waters are teaming with sharks and sea kraits.
Does that make it simpler?
I'm pretty much in the same boat as the unknowledgeable, however, when you're in the same lifeboat, with the same likely individual outcomes, who are you gonna follow ,the one with the reasoned outcome, or the doomsdayer who screams, we're all gonna die"? just sayin.
I can't imagine, that it is a secret to ask some facts regarding this holding. However I also do not understand why AZCowboy hasn't ask any from these organizations for getting a confirmation.
It's not his duty to provide that info. He does what he does due to his own holdings and dd it takes to know what he owns, and thankfully shares it with us, as do others whom appear to have knowledge on the subject. If you doubt what he, or anyone for that matter, posts, disprove what he/they posts. Again, this is public info. ...I can even find it. First place is your escrow markers. That will lead you to the isin boarddork is referring to. jmo
Yeah, they did that a few years ago too...before we knew we were a part or were to be a part. I only saw their commercial a couple of times then.
So, do you know if there are any time statutes that would either prevent or hasten that end?
Yeah, after I posted that I rethunk it...had to be done before it goes to the judge.
If there are holders similarly situated as AG, could they sign a joinder to her action? It seems we did that at one point in the BK proceedings.
thanks..looks like you two guys are on the same page. So any idea what the 299 billion referred to in that 3rd quarter 2015 report to the FDIC BOD? That's mainly why I asked. From that report:
'Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF
https://www.fdic.gov/about/strategic/corporate/cfo_report_3rdqtr_15/0915_cfo_report.pdf
I copied this from BorisTheSpider back in 2016.
thanks
there are also hyperlinks scattered within those lists starting with the WMIH Corp LEI
THE WMI/WMIH CORP stuff was put on ice until our BKs closed this last spring.
Would you know if any of that value would have been collected by the fdic receiver?
...but, has the FDIC been released yet?
...the part where he refers to wmih STILL being the controlling entity, and merely trading under coop. jmo, mind you. So, has the FDIC been released yet? Cuz I don't see anything happening before that. Again, JMO.
Has the FDIC been released yet?
It seems to me that AZC has been saying that all along, no!?
I haven't been on here for quite a while has the FDIC finally signed off and released EVERYTHING they have received? Just curious. Cuz, ya know back in the 3rd quarter of '15 they(FDIC) acknowledged having 299bn with no expenses anticipated in a quarterly report to their own B O D. Unless, of course that document was bogus, then never mind. Looked pretty real to me.
Lodas, I believe if you check the media coverage in 2009 on YOUTUBE, they were calling THAT a NOVEL virus, which it evidently wasn't. I've never died yet, but I'm betting I won't be quibbling about whether I'm dying from the covid-19, H1N1, the flu, pneumonia, or whatever as long as I get to talk about it afterwards.JMO
GO WAMU
Yeah, they'll have to actually earn it back...as they should. In the very beginning of this the concern was the n95 mask shortage that would be necessary for front line health care workers. Understandable, however good guidance is not telling the public to NOT wear face coverings. Good guidance is leveling with the PUBLIC, and tell them we have a shortage and make your own mask, it's important, it will flatten the curve...bottom line common sense did not prevail. And that AIMO IS the problem.
I remember when Tricky Dick resigned...I was in the service at the time. Smart guy, but crooked. I think what they figured out was, that there was greater degree of "herd immunity" that emanated from the 1918 pandemic, that helped to minimize the "expected" severity. Look it up, I did. I do believe that I did preface what I said with the obligatory AIMO. That is still allowed, no?
... imho all that remains to be seen
I think they have lost the public trust. Remember H1N1 back in 09? That was a return of the 1918 "Spanish" (Kansas) Flu, but no body talked about shutting down the world. It killed over 100 million people world wide in 1918-1920. Our communication in 1918 obviously wasn't what it is today, however communication in 2009 was.So, with such a scary and proven KILLER VIRUS in the air, why no world shut down? Answer has 5 letters. I do believe it's real and I also believe people get sick, they usually get well. It's a part of LIFE...like eating, sleeping (sometimes you don't wake up).We are SOCIAL animals and mostly smart enough to take precautions AJMO
Change is the one thing that ALWAYS happens...good or not so good.
Well, I already have most of mine up for sale and have for a very long time at $500.00/share. Someone told me..might have been you..that prevents those shares from being "borrowed" for short sellers. I, or my estate are willing to wait. It's not like there's a choice.
Dunno. I logged in and it showed no news, then I plugged in JPM, WFC, then back to COOP. JPM & WFC both show todays news and COOP shows up to 6/24. Usually all the news for that sector show equally on all tickers. just thought it was kinda weird. like everything else with this. Lookin' for the big tell.
Anyone out there with Ameritrade not showing industry related news on COOP since June 24?
How about J G Wentworth...It's our money and we need it NOW!? Maybe they would look into it, if they don't already know. In 2015 the FDIC acknowledged 299 WAMU billion with no anticipated expenses.
...and this is nothing like the Spanish Flu of 1918 in that we don't currently have a World War where sick or soon to be sick people(troops) were shipped around the world...we're smarter than that now. jmo
...particularly when you think in terms of the flu which KILLS on average something like 37,000 Americans every year, and not just old farts like me. Nope, we just take it in stride and carry on. jmo