All that I say is my opinion and always do due diligence when buying or selling a stock!
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Simply Terrific! Lawrence, you give hope and thank you!
Have a great Sunday and I hope all say a pray and give God our enemies so he can work on them and change their hearts.
imo
jimmy
Thanks Castboy for your encouraging words of insight in our case!
Indeed patience is needed and as for me, watching the boards can and will drive anyone nuts!lol!
It is for many of us that we have put our faith in the Justice system to simply uphold the laws of the land.
Now my hope with many prays that our Good Judge will now direct towards fair settlement for all and that includes us, the commons.
It is clear that Susman needs those financials and also needs to pressure the Good Judge to rule in the name of Justice and Integrity!
All in my opinion and speculative in nature,
jimmy
"Ok, so based on all we know at this point, what do the experts think is the % chance of the current common shareholders seeing let's say anything above $1.00
For me who has been here some time it looks very unlikely that we'll see anything so my vote is 0%..."
So you keep reminding us of your opinion and surely you have that right but if I felt that this was a lost cause then I surely would not be here.
As you said with a 0% then why do you come here. Please be honest!
Need to see your motive because you being here make no sense if infact its 0%, correct?
tia
imo
jimmy
General thoughts and opinions,
Some have said the Good Judge is not quite honest.
To me she is honest till proven wrong.
To me it seems she may be fighting fatigue and being human, she wants this over BUT...she has to also see this travesty of injustice with the preponderance of evidence and or lack of by hosen. Our Good Judge must see the truth and act for justice, no other way. This BK of WAMU was a premeditated and a preemptive strike with truly only one motive, GREED!
I am holding at this point and will let it play out for as long as I see fit.
Also why would the bashers be out in full force if they knew we might be history? They want something like our shares? Or do they like to just dish out pain? These folks are disgusting and repulsive and have no place in my world that is for sure.
All in my opinion and speculative in nature,
jimmy
With all the filings it just feels as though our EC lawyers have laid land mines all over the place and hosen is having to walk slowly. Could all of hosen's defense come crumbling down, yes indeed! The Good Judge is being pressed to make some ruling that now will go against hosen if she rules in honesty and integrity and also keeps politics out of the equation.
As I said before, pray for our enemies, give God something to work with.
imo and speculative in nature,
jimmy
"First let me stipulate that i pray, i HOPE DIAMOND IS CORRECT AND WE SEE $12+++ "
April post by you.
"Could u point to just one, please just one piece of solid evidence (not hope and prayers) that we common shareholders will see anything?"
Todays post by you.
Just trying to follow your logic from month to month.
Let me say this in all fairness, I hope and pray also with my heart and try to use logic with my mind but I often fail so I do rely on key posters to help me out.
As for your answer to your question, that will be out hopefully shortly but logically maybe later. Does that help?
Good luck,
imo
jimmy
Very general remark.
As so many have pointed out, the media is very bias towards businesses. Almost as though they have a mandate of sorts, to keep the economy and markets hyped up.
We live in a society where everything is for sale and the media is selling advertizing hence the selling of the markets. I am saying nothing that no one has heard before but maybe as a reminder as we think of the roll of media and how they pay their bills.
Do they have a resposibility for good, honest, fair reporting,yes!
Now maybe someday we will get that back but I am not sure when.
My thoughts and opinions and speculative in nature,
jimmy
"I don't get how he can be so openly cavalier about this during a shareholder meeting while the banking takeover trial of the century continues to unravel itself."
Is this not his MO? Did he expect the EC formation?
Did he expect Susman?
My thought is when it will cost him $$$ for any settlement, he will have made so much money for his company that it will not matter and since they have a lock on the media, his share holders won't truly hear or see the truth. His role is to make money for his company and thats all they care about and thats the bottom line.
Could he eat his words? Nothing better but he is in the elite and they protect up to the time someone goes to jail.
All in my opinion and very speculative in nature.
jimmy
The sad thing is DP that these folks may be selling their souls to evil deeds and WE all will have to account for our deeds, both good and bad. Not one will escape Judgement!
We(EC) are just looking for a fair fight that includes honest accounting of assets and liabilities and if it is honest and we are wrong then so be it. Then I can say I made the wrong decision and I will blame know one but myself.
What gets me is that if our Good Judge has seen so many of these cases then why can't she see what is missing. As I have listened and read posts, I have gotten the impression as of late that she is letting it all happen with very little influence or direction. Then I heard someone say that Rule 2019(I think) was not being followed even after she ruled on it.
Something is missing. We(collectively) have just ask the her to rule with honesty and integrity all the while following the laws and enforce the law so either side can be accountable.
I pray for all that Justice will prevail.
All in my opinion and speculating,
jimmy
Only if we sell our shares! And why do you care about me?
If you are so negative on this stock, why are you here? What is the motive? Please lets be honest as I need your angle(motive) as I have never met you and you folks are so h@ll bent on helping us out,why?
tia
imo
jimmy
Sorry to step on your post.
So what really happened to us today? Very conflicted!
jimmy
Lets hope we get what is ordered by the Good Judge!
Get it done Susman, your on!
imo
jimmy
Great points Seth and yes keep an even temper I will do(I hope)!
jimmy
I would be happy with some good rulings in our(EC) favor but as for the Good Judge, she seems to be low keyed imo.
Will she blow a gasket? Will Hosen start crying? Will Susman console?
This whole case still baffles me even after XOM's explanation.
I guess we are all injured parties just waiting for Justice.
imo
jimmy
WOW! That is great news! As I read his bio and saw that he is antzy when waiting verdicts and such so when you found out, that was a weight off our EC shoulders as this is a very important time for him (and all of us).
Thanks for doing that.
imo
jimmy
"...she only can use what the parties in court provide her."
That was a great line and scary at the same time. What has the Good Judge recieved? As most have pointed out, she has very little accounting info from the time of siezure,during and after so will she go with that 4 pages of acct. that nobody will except without having a disclaimer that the party is not resposible for its content? Seriously, what can she do, almost everything is from our adversaries and EC lawyers have what?
No I am not bashing but asking some very legitamate questions so please understand that as I repect most of the posts that I read. Am I nervous, you bet. Can anything happen, you bet! Just being honest as we have seen some very unexpected crap. Do I think the EC will get something for us, 75% yes(if the Good Judge follows the law with common sense and slap hosen around) and some Integrity and honesty is used.
All is speculative and do not ever buy or sell on my recommendatios, ever!
tia
imo
jimmy
May 26 is the last day so hosen has sometime to keep revising till EC is finally brought into the mix?
Just thinking with a dash of optimism.
imo
jimmy
They keep pushing the Good Judge until she wears down or just blows up just as parents do with children. Sometimes putting the fear of God in them helps but that for me is an option not used very often because my children are well mannered unlike some folks in this case!
Lets keep a positive attitude towards WAMU as we are under pressure from many bashers and unknowns.
Good luck to all and pray for your enemies for he needs your request to do something and boy can he do something, its called a miracle!
imo
jimmy
maybe but a settlement may happen quicker if it gets to that point. I remember reading on the hub that we ALL got excited when we thought an Examiner was on the way but we ask the question if she does allow, how fast would this settle and the other question was if Examinor started, could they stop in mid stream? The Good Judge wants to go on vacation soon and also wants this over so will see. Atleast that what I remember.
Best of luck to all!
imo and speculating with no facts and hope the Good Judge sees the truth of this case and does the right thing fairness, justice and integrity!
jimmy
Just looked at this doc and it has TPG has only 13.45% equity stake, is this correct? I was under the impression it was much higher.
http://www.kccllc.net/documents/0812229/0812229090128000000000004.pdf
This is all very confusing with another POS POR then revised then a PR then a revised PR.
Can FDIC sign POS of a POR and thats it? I don't get it or buy it!
The Good Judge is the last one to say yea or nah and if thats the case then we are still ok, correct?
I have lost patience for all these games being played out or call them mind games or even physco games. Bottom line, are we ok or not. What pivot point is there that will determine our outcome?
Susman? Solomon? Good Judge? FDIC? Diam.guru? Maybe multiple pivot points? Ever play chess and you reach a point where you doubt yourself well thats most of us here. I keep thinking the Good Judge will step in and on hosen and all who have lied, cheated, and stole all of our money. Where will we find JUSTICE? Who will be our HERO in all this? Does anyone care when we meet our Judgement Day and we will account for what we did?
I am ranting, pissed, and burned out! Most of us are at the end of our minds. I followed this stock way to close and I will step back for sometime if I can. This is like a drug, can't put it down. If we win, I will check into somewhere quiet, no tv, radio, internet and just ask God to heal my mind because being this close to evil is very bad!
All in my opinion and God Bless our enemies! They are yours Lord!
jimmy
"The American judicial should not fail us!"
The Judicial system is truly the hope we have and when the Good Judge does her job, we should be golden or at the very least, in the money. Rally caps on as we enter the final stretch(I hope)!
imo and speculating as always,
jimmy
Great points!
I am asking something that has been said but I can't remember so here it goes, can Solomon's numbers come out anytime? Is there a pre-set date for these acct. numbers? Will the Good Judge allow them(without question or appeal)?
tia
imo
jimmy
Can a stock market work without the common share holders? I say no! That was easy.
Funny thing is when an IPO comes out , the common shares is what is available to me and these companies are eager to take my money and grow the company along with of coarse a business plan that will generate revenues/profits.
But when things get tough, the commons always get crapped on and when BK happens we are left out in the cold, just not right! Dare I say maybe there could be a something that can protect the commons, maybe a law that says when commons are are wiped out so is everyone else. If the ship goes down then everyone sinks with the ship. Well I am ranting on a Sunday and also know this will never happen as we have a seperation of classes (middle, upper ect.) that protect the elite.
Maybe when we meet the Judgement day we can explain why we treated others the way we did.
Love thy God with all your mind, body, and soul. Love thy neighbor as you love your self.
I hope the mods let this be read on a Sunday?!
Wamu was good for a 100 years, what happened?
imo, speculating and simplifying for I have only been drinking coffee for an hour or so.
jimmy
If the Washington Mutual crisis had not been created by the FDIC's Sheila Bair, in September of 2008, congress would not have passed the $700 billion rescue fund, called TARP (Troubled Asset Relief Program)
It was a classic Problem Reaction Solution Paradigm
1) The government creates or exploits a problem blaming it on others
2) The people react by asking the government for help willing to give up their rights
3) The government offers the solution that was planned long before the crisis
After TARP the government seized new powers over the economy. It dramatically expanded the regulatory powers of the Federal Reserve and injected a trillion dollars of inflationary credit into the banking system. It partially nationalized the biggest banks. It appropriated $700bn with which to intervene in the economy. It made General Motors and Chrysler wards of the federal government. It wrote a bail-out bill giving the secretary of the treasury extraordinary powers that could not be reviewed by courts or other government agencies. James L. "Jamie" Dimon , who currently serves on the board of directors for New York Federal Reserve as Chairman of the Board and Chief Executive Officer, will with out a doubt be our next secretary of the treasury. (his term with the new York office will expire on December 31 of this year)
“The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group,”
Franklin D. Roosevelt quote
this was from a poster from a different board that did a fine job explainng what happened and may happen.(dimeq)
"...does she rule like a real judge that is the ?"
Lets hope so. We are all scared of the future because we have governments and major banks taking from the people who have very little that can be done except our Judicial System as they are our last hope.
Just keep all of them in our prays on Sunday, lean on him.
imo and divine intervention,
jimmy
"What the litigators should do is slow that train down but keep letting that circle get smaller. Wont be long before the front runs into the back and that train just stops or keeps chasing its tail without doing damage."
Great analogy and that tells me also we are in a good position as long as Susman and Solomon stay aggressive and show the true numbers(values) of WAMU.
Keep telling it like it was , is, and shall be!
imo
jimmy
who is they? Hosen, EC, jpm?
tia
jimmy
"There's going to weak spot in the construction that is going to bring down their whole Titanic."
"Susman just has a lot of people to drag by the hair."
Great analogies the words Titanic, weak spot, drag by the hair all say we have a great lawyer who will punish these folks no matter how big and we will find the truth and when we do, the media will be all over this.
Most are saying "the media" no way but most of these folks are human and probably screaming to tell others the truth but can't because management will just can them if they try. I would not doubt that some folks here may be some media and have found a way to release some anger(frustrations) and may even be gathering some information along the way!
As always only in my opinion and speculating,
jimmy
uzual,
To be sure, there is only a Dozen(or so) of folks I will believe and trust you are one of them.
The VICTORY is CLOSE AT HAND! We need our legal eagles to go after all truthful facts relentlessly(non-stop)! The Good Judge HAS TO RULE ON TRUTHFUL FACTS! We need the TRUTH by the numbers!
sorry I am just a tad excited and some of these Caps are for peeping eyes(folks who have other agendas).
In my opinion and speculating while expressing my rights as a citizen of the U.S.A
jimmy
You are correct sir!
In order to file a correct, acurate return in business, a look back is very much needed!
imo
jimmy
Dude,
All terrific points! Member mark for you and keep asking these questions. My hope is there HAS TO BE SOME ACCOUNTABILITY in this WAMU case then we will SEE JUSTICE and maybe a SETTLEMENT!!!
Great job!
imo
jimmy
Not yet till money in my account! 24 X ___= Justice
imo
jimmy
I think I have to agree but hey what is TGIF for? Speculation Friday!
To all, Have an AWESOME WEEKEND!
jimmy
read this morning that someone predicted .25 by close and i was hoping to see that number to confirm the change in the mind set and attitude. We shall know shortly.
imo and speculating as always,
jimmy
Some major press truly reporting some real truth would help but from what I read on another blog is that jpm owns 40% of the media outlets and has friends in those places.
imo and speculating,
jimmy
Susman and his team did a great job and our Good Judge now needs to complete the process and rule with Justice and Integrity!
ohh, someone should be smacked upside their head and put in time out for like, 5-10! Just a thought!
imo
jimmy
She has been wonderful to say the least. There is so many also whom have contributed so much. Some day I hope a book is written(like a journal) to truly capture our experiences along with a Grisham style book!
What could the title of the book be called?
"POS POR"
"Color me a Lie"
"Panic of 2008"
"Century Heist"
"2X Value"
"Now you see it, Now I have it"
"Piggy Bank Empty"
Please add some ideas for whomever write this book(s).
imo and speculative with creative freedoms(fictional ofcourse).
jimmy
Are we still talking about hosen's POS? Just checking.
Anyone got dry powder left?
imo
jimmy
Mike,
I think being in that posture is well expected as I am cautiously optimistic. Anything can happen but now in a corner rubbing my rabbit's foot, "we are ok, we are going to win" while rocking back and forth!
No not really but till money is in my account, its one day at a time.
imo
jimmy