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agree
The reason it went no further is because the great suckman could not find that GS did any wrong.......or looked the other way.......
You have got to be kidding?
what continued litigation? GS? why did those discovery motions granted by the court get continued I think 3 times and then nada? didn't hanky panky (Mr Go Ahead and short WAMU)come from GS. I'm pretty sure LG said a bazillion times that here would be no 3rd party suits. That is telling all by itself...we're the most litigious people on the planet and people do, or don't do things for a reason, not just for grins and giggles, particularly at this level.jmo
What if...
Go against FDIC = Lose. Go against JPM = Lose.
Actually JPM doesn't always win in court. Nope, they break the law and can afford to settle. As far as the FDIC, didn't they just lose to JPM?
...but you have let them continue to post freedom of speech here....
Good one...that's a bit of a stretch.lol
I don't have a theory, but what should/would one discuss in the absence of any other news pertaining to WMIH. One school is based solely in public filings and one school is based on that as well as other info they have discovered/deciphered, coupled with the fact that we are dealing with liars who are just as determined to try not to lose any more than absolutely required.jmo
No, I believe you, I'm sure they'll do whatever they have to do when they get to mine. Just check again, still not there.
I posted that last night in reference to yesterdays close which was up a nickel from the Tuesday close.
Same here and I also checked TK and everything is the same as before.
You can only throw people under the bus for so long before it becomes apparent where the problem lies. Parts of that principle get put in to practice by engaged fed up voters every election cycle.jmo
I believe that's the best post I've seen from you lately and you already know the answer. There's likely so many culprits in high places, both financial and political, that the mere perception of something as far reaching as this would probably disrupt the world markets.
That's why she said the theft(not her words, mine)didn't cost the fund one dime.
It's real hard to believe. particularly with a century old company founded before new & improved methods of housing assets. It seems likely, over time housing assets in different entities so as to not put all the eggs in one basket makes perfect sense. The majority of the banks assets were organically already in the "whole bank". Why would saavy financiers unnecessarily risk their parent company profits by housing them in the bank with full knowledge of the risk from fdic in the event such as this. The FDIC didn't have jurisdiction over WMI, only it's banking operations.jmo
Then as news leaked volume sunk and so did pps
What are you talking about? WMIH closed a penny shy of the HOD. Maybe you should do a little DD yourself. All you have to do is look a little bit to your right and the good people of the ihub have provided what's called a detailed quote. Read that and then report back to the board what it says and you will have done your daily due diligence, but oh, I forgot you're only here for the escrows.
So you're a pre-seizure holder, huh?
because they belong to the parent, WMI?
hedging, huh. Smart.
I'm just curious. People say a lot of things and with escrows at this point, there is no downside. They either pay some way or they don't. So, I'm just trying to get a feel for what people really feel about their escrows, and since they are all about money, I thought it'd be interesting to see. Are you interested in selling any of yours?
Good for you. That's confidence.
How about anyone from the "no money for escrows" group?
How about if right now 100/p and 5/k?
Question: How many here, if given the opportunity to sell any amount of their escrows they wished to a willing buyer, in a legally binding transaction, would, and if so, how much per marker, K's P's or U's.
I think it remains to be seen. In my mind we have to wait to see how much if any the escrow positions are worth. If they are worth a reasonable amount, then we got fair & reasonable. If not, then we didn't. I look at F&R in a literal sense, and you, apparently in a potenetially legally corrupt concoction that was fed us as F&R by our guides.
To be quite honest F&R to me entails accountability and ACTUAL PEOPLE going to jail for what was done here or in the alternative, actually pay restitution with interest and damages to the holders(also ACTUAL PEOPLE) who had their company stolen from them.jmo
My point is if I, as a post BK holder haven't got my ROI back, how will any common holder holding for just the 8 1/2 months before the BK get theirs back? The difference being, I'll probably have my initial ROI back in a few short weeks...not so with the pre's.
Yup, I do.
I contend that if everything in this BK was on the level and WMI really was insolvent, then we wouldn't be here now. The illegality that took place is the ONLY reason we survived BK. Having said that, from an existing shareholders' perspective at time of bankruptcy, receiving approximately 1/3 of your original holding at 1.00/share is not now, nor will it ever rise to F&R, outside a huge increase in current share price...like 15/sh after M&A announcement. I'd consider that a start, but that's just me.
Study Complete - Fair and Reasonable, fully disclosed...
Wow...took the words out of my mouth. People really need to boycott that operation.jmo
not to mention that filings can be and often are amended in new filings as more info comes out.
I agree, and for that matter they can forward split away, I'm not going anywhere
I count 33 days...sorry, couldn't help myself.
it also reduces the number outstanding shares. since we just authorized 3 billion more shares I'm not really sure why they would turn around and do a R/S on us. That would probably piss off, at a minimum, a few thousand shareholders who are already watching. That would mean the fallout from 2008 is still alive and well. And why would that be? Because no one has been held accountable.
If it's any kind of split I'd think a forward split would be the most likely. jmo
people here don't seem to be too trusting
Are you talking about K's P's or U's for 5.00/marker?
So are you interested in selling some of your escrows? You know, like a private contract binding sale, so if/when they get paid you turn over the proceeds immediately, regardless of their worth.
I have both TK and TDA with WMIH positions in each. Tradeking shows the option screen and fills it with current WMIH pps, B/A. TD Ameritrade doesn't give any info when clicking on the option chain button. Just did it. I agree, there appear to be changes occurring. jmo
Does anyone find it interesting that the DOJ will readily go after corruption in pro soccer but not corruption in the financial sector? Talk about "telling actions"
It seems that JD and JPMC believed they were indemnified against just abut any legal threat arising form the wamu theft. Hasn't he figured out yet that there is no honor among thieves! What an ass.
Really?! because I haven't seen anyone charged with anything, and so far not one single person or entity has been held accountable...and likely, no one ever will due to statutes of limitations.jmo
Didn't someone post earlier this week that there was around 11 billion from which all those outstanding claims were seeking satisfaction, before those were expunged?