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Thats right AZ. Worthless stocks! Might as well load up on more since they are worthless.
Bash the hell out of em too bro!
LOL
Thunder, I believe these are mainly jpm investors who fear that a wamu payout will crash their stock. Thats nonsense. Jpm took 500b last yr and the stock didnt take a hit.
Then they just did this 150b offering and again no hit.
But they are still terrified.
The others are just sad because they didnt release.
Dont know if we get 600B, but certainly 150 is possible.
Funny how jpm just took out 150, huh?
It may not be all for us, but a portion could be.
Maybe Dimon had an epiphany and doesnt want this robbery on his conscience when he meets his maker.
Testda, there were 8,500 retailers who released. I bet 20% or more are dead and gone, and the majority did not transfer escrows to anyone thinking they were worthless anyway. So Id say there are around 6,000 retailers. Dont know how many follow this saga anymore, but no doubt the numbers are dwindling....which means more money for the steadfast.
There are 141 institutions invested and they get the bulk of the estate. Note how quiet they have been? Have they thrown in the towel thinking, Oh well we lost billions, no big deal. Ha!!!
This isn't over. Nope, not by a long shot. Hang on for what could be the ride of our lives. And as bop once said, the investment of a lifetime.
That's correct testda. And AZ, ron, LG, flo, bob, dmdmd, etc. are also right.
Why? Because they took the time to research and do their DD. What has lodas and others here like him done? Nothing but say the same tired no payout nonsense day in and day out.
And it wasn't just that they didn't fill out the paperwork. They never believed in escrows from day one. Some like gibson thought they'd just sue instead, but they had no money to hire attorneys, so they got left with nothing and are jealous that it now appears escrows WILL be paid. I believe in her Source. Bop had the guts to go public and put her name out there, while the rest of all of us are incognito. She deserves credit for having balls! And we all know who she is, yet she is fearless and steadfast in her resolve. She is a warrior and deserves credit for all she's done. And why would she stick her neck out about having a source if it was BS, knowing that everyone knows who she is???
I got a letter from Biden saying they were looking into this also, and while it may have been a form letter, maybe it wasn't. Who knows?
I like our chances, though nothing is 100%. Massive corruption rules the day, and we are on the verge of WW3. Pray that the world isn't nuked and we get paid is about all we can hope for now.
Lodas, let me ask you this...
You feel nothing is coming to escrows, which is fine. Your opinion. But why are you here, pounding the table daily about it? Bizarre.
And bop has worked for jpm, db, and fdic, and has what she feels is a reliable source. She is a bk attorney. So what makes you qualified? What is your resume like? Playing options and shorting? I would choose her opinion over yours any day of the week.
Yours, DDNTRELEASE.
We will hear something on escrows soon.
Things are coming to a close now.
In the old days gibson used to say, Dont release, just sue them.
How'd that work out for ole gibby? Not too well. No release, no escrows, no payout.
"Apology" accepted.
I believe your interpretation is NOT correct.
Bop is an FDIC lawyer. Hmmm. Good find!
Her source???
75 25 the overwhelming consensus on BP.
Almost everyone over there thinks 75 25 to the end. Interesting. Let's see something start to happen soon...by EOY anyway. How are they getting away with these constant delays? Doesn't Tepper have free agents to pay???
That's your opinion. I agree it looks bleak.
But it ain't over till my ex motherinlaw sings. And she aint singing yet.
All docs point to massive amounts of money. Is the corruption stronger than the righteous? Did Walrath deceive us and provide releases for F&R knowing we would get nada? Possible.
All I am saying is the money was there. Lots of it. Where it is now is anyone's guess. All we can do is hope that the righteous win in the end. I feel bad for the employees who lost everything.
Evil is too nice of a word for what they did to WAMU. Dimon is soulless, as are those who assisted him in this heist on a damp dark Thursday night. They will someday be dealt with by a power much higher than escrow holders.
Pray they all have an epiphany and make this right. Before its too late.
Bops credibility question...
I am not saying she is or isnt credible. I relay what she posts because I know few here have BP access. She is the guru of BP.
I will say this though. She is a lawyer who has worked for JPM and DB, so she MAY have sources there, who knows? She seems very certain that her source is credible. She or he may be FOS, we don't know.
Personally I don't trust her. IMO she is rather nasty, and I don't know her motives. But she has at least 3000 Ps since she wanted to sue for $3mm which would be par. So I will give her the benefit of the doubt and say she is sincere in her beliefs that the source is reliable. Well, Mar and early Apr have now passed with nothing, so I am becoming more doubtful. Let's give it some time but let's not hold our breath....
Where did I say bop spoke to the source TWO more times? She said she spoke to the source again.....look it up.
Bop is known to have ambiguous communications (like when she posted about Mar or early Apr payout and then took the post down) but she did say she spoke to the source AGAIN. Look it up yourself. And she has been adamant about 600B. Look that up too while you're at it...
Bops 600B claim has been stated by her on numerous occasions, and she Did say she spoke to her source again. So someone is FOS but it isnt me.
Bops source firm on 600B.
She has spoken to him twice now and the source remains confident.
So, is he FOS and playing a cruel game to discredit her or does he get pleasure out of the dialogue?
Possibly, but doubtful.
She stands by the sources credibility.
I understand the skeptics. Seeing zero in our accounts for 14 yrs...
But, keep in mind the silence of the hedgies. No lawsuits despite losing billions. Any of the skeptics find that curious?
I think the corruption we are up against is why 14 yrs passed with nada. But money of that size eventually must see daylight. Let's hope it's soon.
That is a fact Ron.
Few seem to remember that....
Lots of talk on BP about $150B offering by JPM last week on 4/6.
Could it be? Hmmm.
Plus the $500B in cash they've been holding for an "investment" for a year. Maybe they want to invest in some assets. Any ideas? Any assets out there they could pay for?
JPM pays cash for new HQ with WAMU money they stole from us.
Dimon will rot in hell, no doubt.
Bop and dmdmd are quite confident.
I personally don't believe their premise of 600B, however she does say that total could take 10 yrs to pay out. They also believe 75 25 to the end. Hmmmm.
So let's see.....bop is a bk attorney, who has worked for JPM and DB. Anyone here have those credentials??? Bet not.
New Ps will be issued.
I think this could all work out very easily. COOP or JPM would replace the Ps with new Ps that would be tradable, which costs COOP/JPM nothing to do.
Commons will get paid with either cash and/or shares.
Interest payments will be paid to all classes.
So based on who has the assets, IMO we will get paid. Why oh why are the hedgies and UWs so quiet? Think about it. They got screwed out of billions, yet no lawsuits?
Maybe, just maybe, bop's source is right after all. Let's hope so.
Word is end of Mar early Apr.
So, we shall see if the source is right or FOS.
Billions doesn't just vanish. Bring it on...
So who is The Source?
My guess is a JPM lawyer friend. She used to work for them, remember? So this source could have some credibility.
I doubt it is a UW lawyer, Rosen, or a hedgie lawyer. They know better than to discuss a matter as big as this with anyone in the corridor/back channel.
I also do NOT believe she is lying about this. Something is up.
The Mar Apr bop post also referred to the source, who she said she again had recently spoken with. That post is gone!
She/we only have to be right once. Right?
Bops post about Mar/Apr.
So, her post was edited and one was deleted, however she still refers to Mar Apr and does not consider it a deadline, but did state it as a date/time frame in the original post.
CSNY:
Just to clarify: I did not believe the 65 day rule was applicable, and said so. I also don't think March (or early April) is necessarily a deadline. I stand by what I said in 2014: holders of WMI legacy interests will receive stock in WMIH/Mr. Cooper. While I'd love for there to be an announcement in the next few weeks, it could be longer.
So the post was edited but she still refers to that time frame. Got it?!
You people need a chill pill.
The source last week told bop they stand by their info about payout this month or early Apr.
They also stand by their prediction of 600B, though that total will take years.
2.5 par could happen very soon. Lets see if they are right...
LargeGreen question on JPM buyout.
While I agree a buyout is possible now, wouldn't COOP be flying in anticipation of that event? It is not.
Maybe it is just a normal transfer of mortgages.
If JPM is going to service COOP mortgages, it is obvious they will be buying COOP. Why else would COOP do this? Makes no sense.
Escrows to be paid soon. IMO.
temocat, we are up against grave evil.
We all knew that from the start. The government, hedge fund managers, bank system, and elite are all evil and orchestrated the financial heist of the century. The FDIC and Dimon put this together because WAMU refused to sell for 8 bucks a share, so they just took it for free. Hundreds of billions. And why aren't the hedgies suing? Either they know something about us getting paid, or they already got paid under the table somehow by Dimon.
And our worthless, corrupt government was in on it. The money is hidden offshore, likely Switzerland. We may never see a penny.
If they were smart they'd pay us something just to shut us up. But that could be unlikely because they can easily just keep it all. I hope those who did this to the shareholders and employees rot in hell for what they did.
Bop recently talked to her source again.
The source sounds legit to me. I was skeptical at first but as this goes on I'm starting to believe her. She is brave, as she knows everyone now knows her ID. Give her credit. I don't think she'd be making all this up.
Her source is unwavering. She is confident he is accurate, so it must be a solid source in her opinion. While I think $600B is extreme, I'll go with the source. Now, that's over time, not immediately.
Dmdmd is confident in 109B. I am in that camp near term.
And remember Doreen can only speak of the LT, which now is history. Let her have peace. Her work is done.
The LT is done. Got it?
There are multiple avenues for payments, discussed ad nauseum. Hope to hear something in the coming weeks, but certainly in this year.
Does anyone really think the big boys gave up billions on this??? Ha.
Relax. Have a cocktail. Smoke a fat one. Whatever you do, relax!
Doreen is only able to discuss the LT. Got it?
Our money is NOT coming from the LT. Relax.
Please stop bothering Doreen Logan!!
This is stalking and there are laws about this. Enough!
Will the real Doreen Logan please stand up.
How many Doren Logans are there now. LOL
I got this email from Doreen:
Thank you for your inquiry. I predict that $600B will return to equity holders. Enjoy your new lives....happening soon. Your torturous wait is coming to a close.
Sincerely,
Doreen Logan
P.S. You guys got to stop sleeping with dumb girls because it's rubbing off on you!
And please stop bothering Doreen and be respectful of her privacy. Be patient!
thanks
Look, this is about the LT. Geesh!
Why don't people understand the difference? Bizarre.
Doreen worked for the LT, got it?
She cannot comment on ANYTHING outside the LT, got it?