There is this thing called Google.... http://ritholtz.com/2013/03/jpm-wamu/

I know that, just cannot stand this dumb greedy quarrelling over 75%/25%, it is what it is, next. I was here, every day, don't worry about me . I'm more then fine.

"What gives the rights of commons to get 25% anyways?" How about the law did....and you signed for it yourself or did you not release?. What is it with these people that cannot share.... meshed up school systems, teach children to obey, to believe, to add, multiply, "math and economics"...never to share in honest parts, so sad.....

Know what owns you: https://www.infoplease.com/business-finance/us-companies-and-industry/united-states-largest-banks#ixzz35sclKzrO%20Chetak

I do. You can trust me. Would you trust Jamie or Sheila instead?

Yup, Fortis. Next appointment with the judge this February, they closed a month before Wamu. They pay out to shareholders who were misled, likely coming year.

Try to pull a trick as with WAMU in Russia . Would not hurt you if you would employ them, better to be trusted then JPM by far....

To all a very merry Xmas and a very, very happy new year . To those who don't believe in Santa, it's not about the money, it's about the game . Happy day's!

Plenty. no losses, I did not sell. Thanks.

They were seized at a Thursday evening....anything is possible.

Hard labor does though

You can be wrong and a nice person at the same time, you can be right and still be a nice person.
Being right or wrong is not what life is about. Being happy and making other peoples live worthwhile is.
I am not fond off the blame cultures. For those who think different I can highly recommend:

Unskilled and Unaware of It: How Difficulties in Recognizing One's Own Incompetence Lead to Inflated Self-Assessments

by

Justin KRUGER, David DUNNING. 2009



Many contribute here, right and wrong, well appreciated as long as it is brought in somewhat a stylish manner.

If someone has the need to lash out: James Dimon and friends, it's in their pay scale.

Thanks Royal, a truly majestic contribution. No questions. Happy day's.

"As noted, final adjudication of these issues now awaits review by the Delaware Supreme Court."

That is correct. Well done. I new you could do it! Like reporting something that is factual correct. Keep up the good work.

Having more information equals being smarter?

Ahum, date....

Small hint, look again, in particular KKR and DB, they know....

Be patience, all good things come slow. Mr. W. knows what he is doing, he is not wasting his time. A man with his capabilities can earn a multiple of the fee what he received so far. A wise man once said: The longest distance between two points is a kidnapper and his money. How little did the wise man know, how much do you know? I'm happy where we are. At least we, the ones that signed, have a bright future, nobody can take that away from us.

Eh, to be honest, that is not so much money. Take a dentist....

Just a simple question: imagine, you would get face for your P's, would that not make you extremely happy?

Here is one and I witnessed it happening as I was day trading at that very moment, 55.000 US under the button ready for acknowledge and I did not dare to push to buy, price was very shortly way below 3$ by the way. If I would have had a stop loss I would have lost quite a bit of money (I was holding around 1000 shares): An erroneous report that flashed across trading screens Monday, saying United had filed for a second bankruptcy, sent its stock plummeting.

Shares fell to about $3 from more than $12 in less than an hour, wiping more than $1 billion in value before trading was halted. The stock closed at $10.92, down 11.2 percent.

By the end of the day, fingers were pointing in many directions to assign blame.

United blamed an old Chicago Tribune article that, it said, was posted on the Web site of The South Florida Sun-Sentinel. That article was picked up by a research firm, Income Securities Advisers, which then posted a link to it on a page on Bloomberg News, which sent a news alert based on the old article.

But the newspaper's editor and Tribune Co., which owns The Sun-Sentinel, denied that the newspaper had run the article on its Web site, saying it could be found only in its archives.


Here is two: June 3, 2011 collapse Sino-Forest Corp. amid allegations it was a multibillion-dollar fraud.

On Thursday June 2, 2011, shares in Sino Forest dropped 20 per cent to $14.46 following the release of a negative research report by Carson Block of Muddy Waters Research, which made allegations that Sino-Forest had been fraudulently inflating its assets and earnings. The next day on Wednesday June 3, 2011 the share price gapped down at the open to $5 leaving many stop-loss limit orders unexecuted. The company went bust.

Here is three: In the Netherlands it came out that banks/exchange sold the stop loss info, the big boy's played with them to trigger your stop loss limit. They got caught but you know what that is worth.
I have no saying in this but if it was up to me, cash would prevail, wouldn't mind to much to receive WMIH shares, (would buy them regardless) but one has to spread risk.

Ask the pre-holders here....they know. And I'm one of them. No, you cannot always sell your shares Zeke.

Most people believed WAMU was a perfect investment remember? Believe is not gonna help you in this, hard cash would.

Couldn't resist could you

Wil do

Correct, the "we believe" and "of approximately" should ring a bell Thanks Ron.

Be glad it's not a capital loss..... how would you carry that back?

Sigh, here it is....anything else?

https://www.sec.gov/Archives/edgar/data/933136/000119312513110149/d445890d10k.htm


"based on our analysis, we believe WMIHC experienced an ownership change under Section 382 of the Internal Revenue Code (the “Code”). Prior to emergence, WMI abandoned the stock of Washington Mutual Bank, thereby generating a worthless stock deduction of approximately $8.37 billion, which gives rise to a net operating loss carry forward (“NOL”) for the current year. We believe that the total available and utilizable NOL at December 31, 2012 is approximately $5.97 billion and there was no limit under Section 382 of the Code on the use of these NOLs as of December 31, 2012 (see Note 7: Federal Income Taxes to the consolidated financial statements in Item 8 of this Annual Report on 10-K)."

Nope.

1.4T euro notes. US$ dropped 14% or so since, coincidence of course.....

All shares are equal, but some shares are more equal then other shares .

Dollar down 14% this year compared to the euro and JPM trades Euro notes, 1.4T......money for nothing..

What is your worry? You want to loan some cash for that date? No problem, just pm me, I'll make you a nice offer. Welcome to my new business. I'll call it WAMU Loanshark inc.

Ditto. By the way, Rome isn't even finished yet.....

Do you not worry, it will soon. And it will be "interesting"...

Now we are talking

"however, I find the following interesting", referring to "or zero dollars" .....now why would that be interesting? Would you care to elaborate on that? I can think of a plethora of interesting facts from Tanja's conclusions and LG's riposte, why pick out the zero dollar? It's not very helpful to most here at least. Feel free to react, as for now you give me an impression as if you ar not really comport with the way this wonderful saga is developing.....and I keep on wondering why not....

No matter the costs, we would fight this if need to be, but until they did not commit a crime there is no reason nor need to. As you said, we have a forensic on board, he has some interest in this to put it mildly.
The costs to fight this would be high, for JPM that is .

You do know what that makes you, do you?...... I just want my money back AND see the crooks go to jail, never shut your eyes, never stop fighting injustice.