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TAL something I think
nothing. should be fewer episodes of bs on here though. go wamu.
winter is almost over, if you know what that means....go wamu.
did she say no relief for capping fees for ec........weeeeeeeee again......burn pos burn
appropriate at this time to have equity represented. weeeeeeeeeee
that was weils cough
one dollar per minute. lol. that would be great. 24 minutes it is.
also them asking what you think the price will be is just like a child that keeps asking, "are we there yet" ALL THE TIME. we will be there when we get there. now shut up. lol
u are wrong. commons got to .44 without wampq even being $100. right now if you go by the ratio, we should be around .60 the commons can go to almost any price whie this drags on and the mm control the price.
any fee that is reasonable the ec racks up will be paid by the losing party in court or as some figure, a settlement.
People that are unaware of whats going on, state hopes/delusions and not the facts... Jamie Dimon himself stated that JPM has made far more money off of wamu than what they paid for them. Jamie said that the shareholders and the junior bondholders are the ones that should eat the companies losses. Wamu was seized on a Thursday and not a Friday. Wamu was in far better shape financially than Jpm in deposits, cash on hand and also had less debt than Jpm. Jpm was the one that received the TARP welfare fund for banks. JPM colluded with the Fdic prior to the seizure to misinform the public. Jpm forfeited tens of millions of dollars and paid a multmillion dollar fine last year for doing such a great job in banking that was prior to Jamie. Jamie is a criminal and should be treated accordingly and that these crimes are in no way misdemeanors. Jamie was responsible for numerous sharehlders deaths because of his greed and selfishness. There are tens of millions of shares of wamu that are nss and that the most likely culprit is JPM. The equity committee was formed by the UST and not the shareholders. All the legal fees incurred wil be paid by the one that loses in court. People can count on damages being awarded just in this cour case. If wamu wins this, numerous other lawsuits will be filed again the culprits that will be tens of billions dollars more. The senate subcommittee is investigating this to see if laws will have to be changed to keep this crap from ever happening again. Keep up the great work.
you cant buy or sell until its lifted
is it true in chapter 11 the creditors do not get interest? If this is the case, couldnt they have a case against jpm and fdic for interest whiie wamu was in bk? more money they are on the hook for.
why would he believe this? do they pay investors that lose money. sure you can get a tax writeoff in some cases. maybe he is just jealous...what about the deaths related to the seizure...some people are just selfish.
media who report stories wrong. does that make them a pos? yes, it sure does. what would Jamie be?
a waste. you cant sell that garbage and make a profit. look at the spread. you make 0% sense.
millions/billions of dollars are awarded at times without the other party admitting fault...like the tens of millions Jpm paid out late last year, not to mention the multimillion dollar fine that was paid along with it...
also lets "assume" wamu wins. do you think JPM would be able to do a stock swap to pay? I think not, but some people think I am wrong about there not being a stock swap. could Jpm lower their price to increase the os to raise more revenue...
that was referenced to penny stock scams. so you are saying that a company only gets money from the stock when the company does an ipo. Jpm is not diluting os now? oops, that will come pretty soon huh....
he knows "experts" say when you lose 10%, you should sell. I dont buy that in some cases, but in Jpm case, I would. It will only go lower than that 10%. No worries here, because the junior bond holders and stockhlders eat it. It is not like there is anything out of Jamies pocket, yet. LOL! Go Wamu. Get Diamonds money....and our money of course.
regardless of senate outcome, which is obviously against jpm and fdic, does not wipeout wamus claims, the formation of ec, the billions of dollars in damages wamu suffered, all the legal fees wamu incurred and possible criminal charges. say jpm was allowed to settle with wamu for $8 a share, now there is tens of millions of legal fees added. remember Jamie said the shareholders and junior bondholders should bear the loss. that was Jamies warning to his shareholders that they will lose lots of money for what their hero did to wamu. I say JPM will not reach the $60 a share they predicted. Count on Jpm going to low $30's or "better for the wamu shareholders." Too bad we dont know how long we have to wait to thank Mr. Dimon for making us whole. Hopefully people keep buying Jpm so they help Jamie get more money to pay us.
lol, hope so... really I do. Jpm definitely will not get to $60 like was said before. Did Jamie actually say that sh##? I think he might of actually did.
10% is starting to tanking. I was using that as a reference. realtime says when Jpm drops 2%, its tanking. they need to tank under $40 then. faith in a company where the ceo is getting sued all over the place and said the shareholders and junior bondholders should eat the loss. that is like being in combat and having the general tell the troops, yall fight it out, I will be in my bunker.
10% is the start of what is considered tanking. Everytime Jpm drops 2% or so you say it is tanking. good dd. get em below $40 and we can smile.
Johnston and Tobey would be a good start for malpractice. One of the best in the country.
you still think lehfq is in the money.
800 trade drops us .06 classic.
where do you get preferreds must be paid in full for commons to get a dime. that is completely false. that happens in liquidation, which we are not in. we were seized fraudulently. wampq can get $500 a share and wamuq can get $12 a share. sorry to let you and kermit down....
u forgot zero
I didnt say he was leaving anytime soon. I said he was leaving. He probably said that just in case they decide to fire him. Fire him when this unravels further.
I figured cash, since they offered cash in 2008 before seizure. if they allow settlement to happen with a swap, I am sure that more companies might do crap like this. dilute the shares and hurt shareholders. something Dimon cares nothing about. has anyone called him a prick yet....
yeah, he said it around november of last year. his wife says he always dreamed of having a restaurant. good luck with that one. he hasnt said a date when he will be leaving though.
that would be great. I wish they would do the $40 area per share. but cash only. and that amount will never happen.
everybody thinking about a swap...Jpm offered $8 a share in 2008. thats was not swap money. they have made tens of billions in profit since wamu was seized, off of wamu of course. that is more cash they can offer now or so. example Jpm made $32 billion profit since wamu seizure. They pay wamu $30 billion back, leaving them $2 billion profit since they stole wamu. Wamu thinks they get paid a fair amount to settle, and jpm actually makes out like a bandit and get away scott free and moves on. My figures are made up and this makes alot more sense than a swap. Jpm has made billions since the seizure, we just dont really know how many billions. jpm is just giving it back with a little bit of interest....jpm pays fair value for wamu because they were unaware wamu whad that many assetes.
with Dimon leaving JPM, you would accept a swap say with a year restriction. dont you ever wonder that JPM could tank or go under. I would rather have cash. jpm can diute then to raise the lost money
I never heard of a swap in a settlement. As I was informed the govt. can think of anything. we might have to take the leftover cars from Pontiac then. lol. I thought stocks for payments (buyout or to pay debt) are authorized by the company issuing them. The judge would have to approve settlement through a swap. Then if they put restrictions on the stock when you can sell, what if it tanks. Then we would be back to square one. It is also a huge warning that Jamie stated that the shareholders and junior bond holders should bear the brunt of a failed company. What if Jamie wants to do a swap and lets JPM fail? He doesnt care and has already said he was leaving. I dont see JPM getting to $60 a share this year or maybe ever. What if JPM was allowed to do a swap with restricitons and they failed as a company? Then we would be in some deep poop. Jpm can pony up the cash and fail from there. Do you think it would be allowed if any of Wamus law firms said they would accept JPM stocks for all legal and restructuring (a&m) fess. Then why would we. It has to be paid in cash. If a swap was allowed the maximum amount it should be 5 to 1 minimum. They might try something around 10 to one or 12 to one, that would be the $4.33 estimate at which wamu stands now. Honestly anything under $8 no matter how it is received should be denied. Who knows what they will do. Cash would be the best in my opinion to settle and to not have to drag out further with the possibility of charges being brought later against them. Would any of you wait another year for a swap if it had restrictions, or accept $8 a share up front immediately.
there you are completely wrong. there is absolutely no way that in a lawsuit that it can be settled via a stock swap. cash only. Cash, not stock. where do people come up with these ideas...,
some claim they would like the $40 wamu was in july 2007 before the moles were planted. that would be something....
on yAhoo also. feb 2008 fdic states that wamu had $26 billion in assets over liabilities.