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Sculan, I Have Already Answered That Question.
Plus, you are wrong!
WADR,
Ron
Lodas, Judge RMC Did. Fully Ruled On.
JPM lost the Dual Track in Judge RMC Court.
JPM is to pay full book value for “WMB and it’s assets”.
Got links that JPM won?
Didn’t happen.
As I have said before; 41.6 is the proof that JPM lost.
Project West.
Got links?
Go Fish,
Ron
Lodas, Document 1997. JPM Settled on the Same Day.
December 14, 2009.
Project West -> RICO = 41.6.
JPM Lost.
Why are you so happy to defend JPM?
Ron
Yes Newflow, I Can Account for Four Sources of Distributions.
RE/DCR of ~$25 Billion 75/25%.
WMB 510(b).
ABS/RMBS.
WMI Non-Debtor Subs that are active.
Lodas just can’t answer the questions. He is not relevant.
I don’t care what lodas says,
Ron
Lodas, Answer the Questions. Go Posts The Documents.
Please tell us about Project West!
41.6 “Willful Misconduct”.
All well documented.
Links?!
Your last link regarding the Dual Track proved that you are wrong.
No payment, no release.
We don’t need anymore of your fiction,
Ron
Lodas, You Incorrectly Portray Your Links as Facts.
Example;
I posted regarding The Dual Track in RMC’s Court.
Your response post said that the case was dropped.
Your link was for JPM’s intervener to be a party to the case.
Yes that was granted.
Judge RMC’s final ruling was that JPM was to pay for the book value of WMB on the day of seizure.
Please tell us about Project West? 41.6 and “Willful Misconduct”.
5885 5AT, footnote 2.
Please post the link to these documents.
Ron
You Lost Lodas. 41.6 Proves You Wrong.
“Willful Misconduct”. RICO.
Point 2.
Why is it so important for you to say “no money for you”?
Why are you even posting?
Returns from JPM can make you millions if you really have 195,000 released UQs as I have shown.
Lodas, Why do you hate yourself and your investments, if you have truly invested?
JPM Lost!
JPM lost the Dual Track. JPM is required to pay Book Value.
WMI has already stated that value and sued. $307.2 Billion.
FDIC; “$299 for WMB and it’s assets”
You Lost!
Post 1997 now!
No more games!!!!
No Lodas, The Ruling was that JPM is to Pay Full Book Value on the Day of Seizure.
The Dual Track.
JPM lost. The proof is 41.6, “Willful Misconduct”.
If JPM won, why did JPM need a release for an illegal activity?
I have posted about how you are doing to receive over a million just from the Retained Earnings.
You said that you ‘released’ 195K UQs. True?
Why don’t you want money?
Your link only gave JPM a seat at the table.
Not a victory.
Again; 41.6.
Your answer?!?!
No Nova, No One Got to Look Inside Investment Corp.
The first, first filing!
Not even the Examiner.
And “WAAC and WMMRC are affiliates of the Debtor”.
Agenda Item 4.
Please tell us about 5885 footnote 2!
WMI sued the FDIC for $307.2 Billion. WMI valued WMB at $307.2 Billion. Yes that includes WMBfsb.
All of “WaMu” belongs to WMI.
What is WaMu?
Tick. Please Post the Documents.
1997
5885
Good Point Tick. Too Bad You Weren’t Included.
UQ’s own the >WaMu< Estate.
Ok...
I will do the list again;
WMB 510(b). FDIC numbers and 41.6 “Willful Misconduct “.
RE/DCR of ~$25 Billion 75/25%.
ABS, 15% minimum.
Non-Debtor Subs
Others?
Tick, Please tell us about Project West.
Link; 1997.
Tick, Thanks. Please Tell Us About;
WMB; 510(b). Want FDIC’s numbers?
Plan 6&7.
363-365 Sales?
Plan 6-7.
ABS. Big Smile.
Active Non-Debtor Subs
Smiling.
Who is COOP compared to >WaMu<.
Tick, Very Inadequate Answer.
1. Who is WaMu?
2. Escrows
W-9
DS
5885
1997
Should I request others?
Links?
Lodas needs links.
My Numbers work.
Pick, Please Post Document 1997 Discovery Document.
Please tell us about Project West.
JPM agreed to settle on the same day.
Hint; RICO-> 41.6-> W-9.
5885, footnote 2.
JPM lost!
FDIC; WMB $299 Billion in assets.
JPM Derivatives covered the loan losses.
$500 Billion in cash! Getting close.
Tick, You Avoided My Questions Again.
1. Who is WaMu?
2. What Escrows?
W-9
5AT
FDIC; $299 Billion
DS, both Plan 6 & 7; 363 Sales (RE/DCR), WMI Non-Debtor Subs now Active.
S4V,
Please answer my two questions.
Tick Again; Who is WaMu? What Escrows?
Why are you avoiding my questions?
S4V
5AT
W-9,
Ron
Tick; Who is WaMu? What Escrows?
I submitted a W-9 to participant in Plan 7. Plan 7 was/is more than a Liquidating Trust for Creditors.
Hint; Plan 6 Liquidating Trust that moved into Plan 7.
Please tell us more about the WMI Non-Debtor Subs?
S4V; $34.8 Billion in new assets would be wonderful for COOP. We don’t know what the Subs generates in revenue.
COOP has 300 million shares authorized.
I can make the numbers work.
Your turn.
Ron
Have We Heard Anything more from Paladin?
Or anything more regarding the WMI Non-Debtor Subs?
Seeing that WK and CS have reactivated Subs is great in my book! The Subs could be around $34.8 Billion in assets.
It’s time for something to happen!!!
S4V?
TIA,
Ron
Dr. A’s Valuation Models Are Based on Revenue Generations.
From the Customer Deposit base of $188 Billion. Not on assets held in other sources.
Hint; Mineral Rights.
The list can be long.
FDIC; “$299.8 for WMB and it’s assets”.
$299 is much greater than $188 or?
41.6!
W-9.
#1997
#5885
Other favorites?
Ron
Thanks ND9. Let’s See What is Published Tomorrow.
“This document is scheduled to be published in the
Federal Register on 04/21/2022 and available online at
federalregister.gov/d/2022-08632, and on govinfo.gov
2 ”
Just walk back through the thread for the link.
JPM’s Charter Did Not Allow for JPM to Hold a FSB.
JPM as a Bank Holding Corp (National Association), their charter doesn’t allow JPM to hold a Federal Savings Bank.
OCC; Office of the Controller of the Currency gave JPM one year to convert WMBfsb assets into JPM.
The FDIC Relationship of WMB needs to close.
Now is a good time.
Great job ND9,
Ron
“Director Rohit Chopra (Director, Consumer Financial Protection Bureau), seconded by Director Michael J. Hsu (Acting Comptroller of the Currency), and concurred in by Acting Chairman Martin J. Gruenberg”.
Comptroller of the Currency is who let JPM have FSB.
Plus, at $45.67 pps. Class 19 Has Not Been Satisfied.
UQ at COOP pps is only $75.355 recovery of $1,000 of face claim to satisfy QP’s Claim.
All Class 19 will receive ~$2.5X minimum on their claim against the Estate.
When Is Long Over Due.
IMO. There is no reason why the RE/DCR of ~$25 Billion hasn’t been distributed 75/25%.
The now active WMI Non-Debtor Subs accumulation of revenue should be distributed to the property owners in Class 22, and Class 19 where appropriate. Same for WMIIC, WM Capital Trusts, and WMPF(Preferred Funding).
If there is a shares for assets event, then let’s do it.
The two above items are under WK and CS control.
They have the power and legal responsibility to complete their Court defined function as Trustees and Executors of the Estate.
WMB 510(b) and ABS Trusts involve the FDIC.
WK and CS have no control over the FDIC.
But the FDIC has control over JPM.
I’m very tired of the wait as much as anyone else is,
Ron
WMI Held $375 Billion in Assets.
WMB = $307.2 Billion
WMI declared $33 Billion in BK.
$375-$307.2-$33 = $34.8 Billion remaining.
The remaining is the WMI Non/Debtor Subs. $34.8 Billion in assets.
I don’t know how much revenue they produce.
Is Paladin playing a similar role as KKR?
Distributions of current cash generation of Subs.
COOP shares for Subs future revenue generated.
According to the FDIC, WMB Securitization's of $2 Trillion in RMBS.
Of which $500 Billion was sold to GSA’s like F&F.
Now do that calculation again!
And that’s only the Residential!
Commercial
LELOC
Credit card debt
...
? Footnote 39?
Ron
My Prior Ownership and Released Class 22 Means I Own The Debtor’s Estate.
The W-9 submission!
Yes we put more emphasis on the Escrows then they deserved.
The WMI Non-Debtor Subs are my property.
Paladin can manage the subs for me, but I own them.
Ron
Do We Know Who the Investors Paladin Are?
Names?
18 investors right?
Need to watch them close to make sure they don’t run off with your money!
Pick Says WMI Will be Paid $600 Billion for WMB.
Thanks Pick.
Maybe you are right, JPM did brag about having $500 Billion in cash on June 14th last summer. JPM has been raising cash for years now.
LIBOR was completed end of 2020.
WMB with a multiple.
Lehman Brothers.
Derivative insurance payments to cover ABS contracts.
F&F?
BofA was the second largest Derivative contract writer after JPM.
Ron
Pick, Got Link? Lodas Needs a Link.
JPM paid? Or was paid $600 Billion?
Bob, We Don’t Have the Number for WMB.
WMI valued WMB at $307.2 Billion and sued. $7.9 Billion has returned to WMI. The Exchange Event and the Turnover Action.
FDIC’s response; “$299.7 Billion for WMB and it’s assets”.
The numbers work! “Willful Misconduct” adds a multiple. FDIC is closing the books pertaining to any liabilities of WMB. I know of no liabilities of the bank. The numbers will be adjusted.
Hint; no one is complaining regarding WMB liabilities.
MARTA?
Remember, investments show on the books as a liability until liquidations.
The FDIC’s responsibility is to make JPM pay.
Ron
LG, 5AT Not Dropped. Settled.
We released JPM for “Willful Misconduct” will 41.6 and our W-9 submission.
FDIC’s responsibility is to make sure JPM pays.
Now about that $500 Billion in cash JPM has/had?
FDIC Globic indemnifications.
And WMB was an Asset of WMI.
The FDIC took the assets away from a Holding Company.
WMI was not a Bank Holding Company. The FDIC has no authority.
Hence; 5AT.
#5885, footnote 2.
#1997, Project West.
Our WMIH Shares Have Nothing to Do Regarding the Release.
The release is regarding “Willful Misconduct’ in JPM takeover of WMB.
The Release is executed in full with payment for WMB.
Signed TD Bank Documents With WMI. Yes.
Signatures happen before the negotiations started.
NDA.
Ron
True. JPM Lost in the Dual Track.
Judge Rosemary M. Collyer
Red; to Bad That You Didn’t Submit a W-9.
You could have been a very happy healthy person soon.
Red. Let’s Pretend that You are a Wealthy Dude Back in 2000.
Summer 2000 of the Dot Com bubble; You buy one million shares of JPM as an example. Then JPM invests heavy in companies like BBob’s dotcom at $200 pps. BBob.com goes to $322 pps then tanks to ?.30. Then poof gooney shortly after.
The ECO is not an investor. The ECO is an employee of the company that you are a fractional holder of.
The ECO put Your money at risk from investments the company made.
Where the investments in BBob.com or other dotcom investments an asset or a liability?
The ‘investment’ was at risk of going to zero.
My investments in WaMu are still a liability to me until I receive payment. Then I pay taxes!
We Signed W-9 Release Forms to Be Apart of Plan 7.
Yes we received WMIH stock.
Plan 7 was about more than the LT for Creditors and a stock distributions.
Plan 7 includes that was already agreed to in Plan 6.
Plan 6 363-365 Sales by AAOC most of all became RE/DCR of $20.7 Billion-> ~$25 Billion now, 75/25%.
I have posted the links.
WMI Non-Debtor Subs are now active. All described in both 6 and 7.
WMB 510(b). Let’s use the FDIC’s numbers of $299.8 Billion
Now consider 41.6 “Willful Misconduct” by JPM due to RICO.
Liabilities; Globic is closed and the FDIC has been indemnifications.
ABS Certs that WMI would hold 15% minimum.
Others.
Need more and links?
Please see my previous posts.
JPM lost,
Ron
Bottom Line; WMI Sued For $307.2 Billion.
FDIC’s response after $7.9 Billion was returned to WMI;
“$299.8 Billion for WMB and it’s assets”.
TPS Exchange Event + Turn Over = $7.9 Billion.
Looks like WMI and the FDIC agreed about WMB’s valuation.
Very simple math!