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11.2 all day! what a bore!
$8 and up!!!
whoa~~~!!! Cmon BABY....Daddy needs a new pair of shoes~
It has to be business days. Whatever... As long is this crap is over and i get my money,i'm all good. I would also like to see JD and SB go to JAIL!
Send them to jail and bring back WAMU~~~~~~~~~~~~!!!!!!!!!!!!
10% is good for the day. At least were not in the red. 7 to 10 days means business days right?
wth...yesterday's news bro!
Is everyone selling??? Why is this dropping??? Unbelieveable!!!!
WHY CANT IT POP NOW!
I said that it should be to get rid of the daytraders~
It should be halted
Volume not so good today. I guess people are still unsure. I hope this break .15 tomorrow!
Why would that be cruel??? Burn baby, BURN...
whoo hooo!!!
It appears that the Depostions for Appaloosa, Centerbridge & Owl Creek are still scheduled. Will we see it being delayed?
WaMu reaches deal to end bankruptcy
REUTERS — 53 MINUTES AGO
WILMINGTON, Del., May 24 (Reuters) - Washington Mutual Inc (Symbol : WAMUQ
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) has reached a deal to end its bankruptcy after shareholders and some debtholders agreed to a settlement, the company's attorney told a bankruptcy court on Tuesday.
Under the plan, shareholders will have control of the reorganized company that exits bankruptcy, according to Brian Rosen, of Weil, Gotshal & Manges LLP, which represents Washington Mutual (Symbol : WAMUQ
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).
The reorganized company will be a reinsurance business with a value of $160 million, he said at a hearing in U.S. Bankruptcy Court in Wilmington, Delaware.
Washington Mutual (Symbol : WAMUQ
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) filed for bankruptcy in 2008 after regulators seized its WaMu savings and loan business in the biggest bank failure in U.S. history.
Rosen said a group of four hedge funds, known in the bankruptcy as the settlement noteholders, will provide a $100 million credit facility to the reorganized company so it can pursue acquisitions. The company is expected to have valuable tax breaks that could be used to offset future profits.
Rosen said Washington Mutual (Symbol : WAMUQ
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) will file a new bankruptcy plan in the next 10 days. He said he hoped the company would exit bankruptcy by the middle of August.
The case is In re Washington Mutual (Symbol : WAMUQ
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), U.S. Bankruptcy Court, District of Delaware, No. 08-12229. (Reporting by Tom Hals, editing by Matthew Lewis)
shouldn't wamuq be going up higher??? I'm confused. Good news. Commons get something and yet were still at.10? It can't hit .12 or .15? am i asking for too much?
Wamuq price not moving
DelShareholder Ilene Slatko
Court filling up and for the first time in a long time, "our" side of the aisle is in good spirits..while BR and cronies...not so much :)
Nice...is it going to shoot up now?
Yeah, I guess. Well, let's hope for the best.
Is that a guess or a fact.
Really???
Anyone worried about tomorrow?
Almost 100 Million and we are still at .106???
wtF???at .11!!!!!!!
I'm Freaking LOVING This!~
whay the drop?
Count me in. I will wear a WAMU Shirt!
WHat a day! I haven't been this happy in a long time. I pray to GOD that we get a settement!
cmon~~~
They said that the end of the world is tomorrow. I would hate to see that it all ends before i can cash in on my WAMU.
Why is that everytime i buy more, the damn stock drops!
Never seen that.
HELL YEAH~~~
Please explain?
what's the reaon why we're up 7%?