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You are such a beacon of light against the forces of darkness.
They sure in behalf of Wamu and other banks. That money is not theirs.
Understand from Ron that P’s should get all the bond income accumulated plus maybe they get reinstated. Let’s see. Hedgies were also big invested in these so I doubt P’s would be left out.
Now AZ because of his “special status” owning bonds directly and being an accredited investor, already collects some of this money. Our is on hold until released.
So with over 2000 p’s I can retire if it all plays out. Thanks.
So 1500 x 2.1 ?
Fully agree. I also have actually both. Just a little more tilted to p’s. Let’s wait and see.
So I am screwed!
Question: Common Shares ... Always Own The Estate' ... or the WMI Holding Company and ALL of its Operational Values' ...
What do you think the litigants/lawyers that pushed to be part of the p's instead of the q's thought when you say above. Were they thinking at that time still of the 75/25?? Just curious.
Don’t they have some other litigation apart from LIBOR they will use as an excuse not to close the bankruptcy?
Yes. Made copies of what I faxed.
Tried this sheet but doesn’t calculate.
AZ knows. Soon.
If we know when soon, could sell my shares and shorten, buying in at $50
Not correct. I talked to E*Trade today. Payment on my IRA for cash sitting there.
Called E*Trade. Interest on my cash portion in my IRA.
I will call tomorrow.
Shows up as an alert.
One cent
We need Taylor Swift buying 😉
E*Trade account, yes today 0.1 also.
Roulette comes to mind.
Just afraid FDIC will come up with another reason not to pay.
This is what Boris wrote on 4/18.
401804/17/2024PROTECTIVE ORDER AND STIPULATION.regarding procedures to be followed that shall govern the handling of confidential material. So Ordered. (Signed by Judge Naomi Reice Buchwald on 4/17/2024)
This the FDIC settlement which is confidential. Hopefully because it’s too big to be out in the open.
This is not the FDIC settlement. Minor, only 3,45 Mil.!!!
So far they had always said there were open claims and no funds. With the LIBOR settlement that issue should no longer be valid. Let’s wait another couple of years.
There were other people on this board in the past that corresponded with the FDIC.
Maybe a good idea to check early next week with FDIC if they can now complete the bankruptcy as there should be enough funds to cover any deficit that remains and the leftovers to us.
Maybe a good idea to XJR k early next week with FDIC if they can now complete the bankruptcy as there should be enough funds to cover any deficit that remains and the leftovers to us.
This is what Boris wrote on 4/18.
401804/17/2024PROTECTIVE ORDER AND STIPULATION.regarding procedures to be followed that shall govern the handling of confidential material. So Ordered. (Signed by Judge Naomi Reice Buchwald on 4/17/2024)
We are getting close. The judge has a fiduciary duty to follow the proper disbursement of settlement funds.
Translation please. XOOM, help.
And how much does this translate per p?
Protective order. Means we don’t know the settlement, terms etc. FDIC can hide it and we will never know. Typical BS.
Understand if they take off the 12 Billion they claim as a deficit.
Loads claims nothing coming back to us, goes all to FDIC.
Thought the Libor claims were for billions?
Not always but I am trying to.
He has been like this from the beginning. Cryptic language. Avoiding simple yes and no. Has a lot of knowledge. Always wondered how in the military he gave commands. Overall, an extremely good source.
Could you explain what the impact this has on us?
Releases with account numbers and tax forms