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YeaH I have never trusted Willie, I think he sold our arses down river long ago... and the reason we have been in darkness all this time.
Thank you AZ, it makes sense...!!
Clear as water!
LOL, Lodas exactly my point!!
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gold.....let me phrase your post a different way.....it does not take 10 years for the court to tell stakeholders that there is no money for recovery.....Lodas
Yes common sense dictates there should be no less than 20B. Otherwise this whole court process would not have been worth the ink that was used to black out all the court documents needed to keep this whole fiasco under the rug....
imho
Listen, money or no money the people in charge sooner or later will have to officially close this bankruptcy. When that happens we will know what is behind the curtain and not before. So there are four possibilities.
1. nothing
2. a little
3. plenty to be happy
4. A shit load
I will tell you the Hedgies did not waited this long to get #1 or #2, I would be very surprised...
Yes I know RosenCrap will try to milk the estate for as long as the court allows him to keep doing that.
OHHHHHHHHHH JERRYYYYYYYYYYYYYY!! you got it all wrong, PARDillo
COOP will not move on until WAMU bankruptcy closes...
Elementary, my Dear Watson!!
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Yes the WMI-LT will use your tracking markers as a counting mechanism as others will as well’ ... and will RE-Distribute it’s own remains as QSR Reported, at the 75/25 ratios, but ?, that’s all’, ... Everything Else Financially Relevant is Truly Class Specific To it’s original ABS-Cert support ..
Man that's clear as water wonder why some still don't get it...
Quote: I tried to tell you guys, ... ~ Don’t Trust The Trust ~
So simple AZ that's commandment #5 "Watch your six" ~~Deceiving retail is one of their objectives.~~
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Listen is all really simple one just have to adhere to AZ 's six commandments.
1. No, I will never be issued an LTI
2. No there is no 75/25 to the end
3. Know what you own
4. ***Watch the New Company, Coop is the Tell***
5. Watch your Six
6. Don't be a wishful thinker
Do that and you will be fine, just be patient...
Thanks for all you do AZ..
Rosencrap and WillieRat have never done anything for retail holders so if our distribution depends on them we are royally screwed. I do not know what kind of deal Suckmann did maybe he suggested "As long as you pay us we can wait all u want" LOL, we will know for sure if he did right when everything is said and done.
However what puzzles me the most is the hedgies silence which is monumental since they own millions of shares. I doubt these guys are in it to loosing money, no way no how.
Also why did hedgies agree to sign releases?? was there a backdoor for them??
What is the purpose of the PIERS and employee claims delaying tactics. Is there a magical star or constellation alignment that has to happen before PIERS are paid in full? waiting for DCR adjustment as AZ mentioned
Who knows all we can do is wait and hope we do not get screwed....
AZ is the best we are lucky to have him around...
LOL!! QUOTE: "P.S. hey WMI-LT, in your hurried attempt to cover & correct ? ... you missed an “I” in WMIIC ... slow your roll, We already Know What You did "
There is only one "trillion dollar cheerleader" and we all know who it is...
"By the way have I told you lately how much more I love my escrow"
Quote: The issuance of LTIs by the LT is the tell....
clawmann
Geez, how many times have they told you No LTI's will be issued, Is it so hard to comprehend?
LMAO!!, he was reprimanded and on the run, he will not answer any questions LOL!!
To be fair he was also the first one who found out the 75/25% till the end was incorrect but people like you chose to ignore that.
Kudos to AZ best analyst on this board.
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Except you didnt bring up 75/25 for the first time until Jan 2017. If you had knew it to be true you would have mentioned it in 2012 before the deadline.
AZ Im very interested to know what you feel your selling point is at?? Do you think this could reach $100 pps??
They might have been accumulating over the years but they have to be careful of insider trading.
Also what about offshore accounts, who knows! You are dealing with smart people with a lot of resources.
Thanks AZ that explains why WMIH now COOP price is still being manipulated...
But once is let off the hinges watch out...
Listen is all really simple one just have to adhere to AZ 's six commandments.
1. No, I will never be issued an LTI
2. No there is no 75/25 to the end
3. Know what you own
4. ***Watch the New Company, Coop is the Tell***
5. Watch your Six
6. Don't be a wishful thinker
Do that and you will be fine, just be patient...
Correct, Commons are the owners of the estate, you finally got it right!!
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" That is it....The trusts will be converted to cash and distributed at the value of the stock when it was on the market. P's for every share you own you will get 1 at 1000+interest
Common unknown........21 cents to 84 or more.....no one knows."
I choose B ( preferreds convertible to commons ) and no the ratio will not be 75% for preferreds either
That's wishful thinking...
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This appears to mean that either
A: The 75/25 to the end is real and the WMILT will receive massive cash after the Bankruptcy closes, or
B: Series R preferred, aka “P” escrows are convertible to commons at some ratio, and thus will share the bulk of the estate with old commons, aka “Q” escrows.
K and TPS get their original cash and that is all...
Good idea I might buy some WAMU memorabilia myself so my descendents know where their good fortune came from.
AZ, you are not supposed to say that, some people will get mad at you.
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"Yeppers, ... And Common Shares, always own the Estate’ ... (“Shareholders”, as stated in point 3 of the Capital Trusts “Liquidation Preference”) ... yyyoooowwwwwzzzzza’" ...
AZ
Also every time you post your biblical commandments veins start to pop, LOL
1. No, I will never be issued an LTI
2. No there is no 75/25 to the end
3. Know what you own
4. Watch the New Company, Coop is the Tell
5. Watch your Six
6. Don't be a wishful thinker
In my view these should be sticked at the top of the message board
Dmdmd2020 I like your breakdown. I wish your scenario comes true. If it is when will I be getting my millions sometime in March??!!
The release forms were filled out and escrow shares were given just did not filled out any tax form.
That's what I thought, thanks AZ.
Quote:"the problem news is merely that reality is beginning to set in for the wishful thinkers"
Your reality is far from setting in, AZ. You will flip again soon, IMHO.
I have the feeling that when we finally get a distribution noone is gonna really care who was right or wrong!!
"I for one will be counting my Moolah and planning my trip to Tahiti"
AZ what if someone was abroad and did not filled a w9 or any other tax form that person should still be able to get a distribution, right?? The person would just have to fill a form before it will be deposited??
That's great AZ thanks a lot!! Yeah sooner or later people will realize you were right all along, but you have to give me some credit cause I already knew that!!
AZ can you make any prediction on when we might actually see a pay off distribution to PIERS holders??
Exactly grasshopper, exactly!
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Why should Preferreds get any more than face ($1000) plus interest?
Why should commons get any less than 100% of whats left?
Bob I agree with AZ however I applaud anyone who takes the time and effort to fight for our cause and watch for our interests, I do not see our representation caring much for the retail holders...
Quote:The Employee claimants are the last remaining claim. 21 days and then we are done.
I will believe it when I see it. It has been years of delays. I do not believe the court cares when this case gets closed.
Looks like those colorable actions got u the fair and reasonable u see today so who cares if they get another slap on the hand
No wonder white collar crimes never seem to stop the punishment never fits the crime....
The real question is why have not the hedgies demanded their 75% treasure chest????
If there is such a thing...
Everyone is entitled to their own opinion but I'm sure more than one here thinks your observations maybe questionable...
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So Mary is our friend? There was so much talk about her being bought etc...you tend to buy into those opinions, believing everyone is connected in this criminal activity..
I am of the mindset she did what she did based on what she could do with what she had and her ceiling has been reached..
Thus "honorable".
JHD
No the distributions will be as follows...
preferreds $200/share
commons the bulk of the estate at 0.75/share
SAKiiiiiiiii!!!
LOL, WHAT a CIRCUS!!
Anything is possible. By nature it is not easy to watch for other people's interest or to give away money that one can possibly keep.
Rich people are not rich by giving money away!!
Bban desperate for his 75%....
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Did anyone of you guys do this?
https://www.nbcnews.com/news/us-news/fbi-investigating-underground-tunnel-near-chase-bank-florida-n964696