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Wonder how much of these enormous assets JPM grabbed for their token purchase price. How does the Holding Company factor into these assets? Are any of these protected by "safe harbor"? How much of these assets remain for escrows? That's the 64 Billion dollar question?
diamond, I sure wish that could be a proven fact.
So is there a theory that escrows will somehow be involved in the WMIH merger?
Escrows holders, because we released, do we have any options to not learning anything definitive good or bad after all this time? Do we just continue to have years and years of speculation and have no choice but to accept it?
lodas, if there is nothing or little for escrows, I wish they'd just come out and announce it. This has gone on long enough. Somebody with some official responsibility to escrows needs to give us some direction. It's long overdue.
Clawback would be enormous !
Where is the loan coming from?
Where is Wand getting the capital to buy Eclipse? Or might it be shares of WMIH?
Finally, it looks like something productive could be in the works for escrows.
Resistance point at 1.43. Would be nice to break that today.
Is $4.76 the minimum long-term true value of WMIH right now? Considering the merger.
I wish someone in the know would bring us "AVE JOE" escrows holders up to speed. It would be wonderful to be as assured as "DA BOYZ" apparently are. I'll admit the fact that "DA BOYZ" haven't raised hell about this long, drawn out wait keeps me somewhat encouraged.
Has anybody else been skeptical of the years of mystery surrounding escrows? Why couldn't someone in the know given escrows holders some status reports? What harm would that have done? Tell it like it is, positive or negative.
20% of 310B is 62B. Is that what WMI should have in assets?
Where are those "310 Billion in Assets"? Where did they go upon seizure? How much of these assets belong to the Holding Company? What about that 20B that the Holding Company loaned Washington Mutual? That 20B, at the very least, should be returned to the Holding Company beneficiaries.
24B would be nice. But what happened to that 240B in assets that Washington Mutual supposedly had when seized?
I sure hope Susman was on top of this.
AzCowboy, is the Justin Nelson 32B pretty close to what the numbers you are actually seeing via Trusts/tranches coming to escrows?
No doubt that those who signed releases have had to wait a long, long time for "fair and reasonable". And still nothing that actually resembles that.
If this can be proven, there is NO way politicians and the media could cover it up. Too many good people around the world would be outraged by the injustice.
"$240 billion goes to JPMC for a payment, by them, of only $1.9 billion; must be nice!"
AzCowboy, you posted, "the “Trusts”, are no longer able to be contained, ... And’, I can actually track many of them, (144 to be specific), ... to their 01/25/2018 release of current status, loans remaining, and values ... etc’, ... (many tranches are now actually all Cash)"
Can you possibly list the amount of "all Cash" you can track of the tranches escrows should benefit from?
Yanik, it sure would be nice for some escrows distributions to be dispersed around the time of the official merger. That would be the "perfect storm".
I'd be tempted to use at least some to pour into WMIH. It looks, potentially, like a long-term blockbuster.
Could an escrows distribution get WMIH to $4? If a $4 WMIH share price is a mandate for the merger. I believe it could happen. We'll see.
So what happened to all that enormous value that wasn't seized from Washington Mutual? ex. real estate, etc. JPM couldn't have got all of that for 1.9B. If JPM didn't get it, who got it, where is it? Wouldn't some of this be this be on top of what the Holding Company posessed/posesses?
We need some positive news on escrows like we got on WMIH recently. I know there doesn't appear to be a connection, at least as yet. But, at least, the recent WHIH development gives me more hope for my escrows. "Out of the blue" for the WMIH merger. Wouldn't it be nice to get some kind of "Out of the blue" positive news on our escrows?
If escrows holders are going to get WMIH shares for their markers, that's starting to look like a nice possibility.
"Can you believe NSM doesn't know who the beneficial owners of those trusts are?"
Yes,it's been a long, long time, but, finally, a monumental development.
Those numbers are ridiculous. How did a lowly shell company like WMIH get to merge with them? he,he, he.
Those numbers are like the old Washington Mutual, aren't they?
How about some claw back reparations from JPM if this was really ours? Who gave JPM the right to service these loans? Just hope we get something out of JPM's good fortune.
Will the merged WMIH/NSM trade on the NYSE?
Was today the beginning of "fair and reasonable"? We shall find out.
Personally, this was probably the most encouraging day for me as a pre-seizure Washington Mutual shareholder since I became a Washington Mutual shareholder when they bought my Providian shares.
It's been a long and bumpy ride.
WMIH is going to need some capital. I'm hoping our escrows are involved in this.
Barchart Technical Opinion: STRONG BUY
With this merger, what would a realistic price target be for WMIH?
gold-nugget, where did you come up with that 72b figure?
How does this merger relate to escrows?
AZ and LG seem really trying to figure this out. But, this is a perplexing situation. When your government has NO concern for "fair and reasonable" in this matter. We are left "in the dark".
I wish they would have previously told her not to seize the parent company or reprimanded her, immediately, after seeing what she was trying to pull off. They needed a conscience on the maneuver. It was unjustified and caused many good people problems.
So, in that context, I guess Congress did help out WM shareholders somewhat. As far as a "fair and reasonable" distribution to escrows, I don't see any help. And, for sure, no help with a "fair and reasonable" time frame for distributions.
"But we need someone to tell us what we will get ? ?"
At least some indication from someone "in the know" that escrows will, indeed, be getting something. A timetable forecast would be nice, too.
To get absolutely no solid information after all this time to give those that released some direction is troubling.
Not much respect for a group, many whom have been slighted and been very patient for a long, long, duration.
I wish Congress would try to assist in this. Aren't they supposed to help citizens get fair treatment? That is, obviously, too much to ask.