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AZCowboy
...and still to be settled!IMHO
Take Care
David
JWW
LBOS for Capmark,KFN and Genworth?
Take Care
David
LG
My opinion is we are golden. Just a matter of time for the escrow shareholders. I have less than a thousand shares and kind of enjoy the rhetoric back and forth here and on BP.
Take Care
David
MikeJones8
Perhaps just one of many acquisitions.
Take Care
David
BlueFoxx,
Keep up the good work! I am personally loading up my roth 401K to the max with WMIH.
I have enjoyed riding the coattails since late 2008!
Take Care
David
lmatt
Been a long time since I was involved with Corus. Any embers remaining?? Scottrade said my stock was worthless quite sometime ago. Any glimmer left? I can go after Scottrade anytime I want to get the corus stock reinstated. Wondering if it would be worth it?
Hope everything is ok with you!
Happy New Year!!
Take Care
David
Bob,
Then who is foreclosing on delinquent loans?
Take Care
David
Pick Stocks
Is it January 20, 2015 or January 1, 2015? I seem to recall that clock could start on 1/1/2015. Also please explain what "The Strategic Investment" is.
Take Care
David
BBANBOB
So WHEN do have controlling interest?
Take Care
David
WithCatz,
I have offered .10 per jr bond. No takers. I will offer more next week. Outcome will be no takers.
Happy Thanksgiving to you and all!
Take Care
David
BlueeFoxx,
Don
Many kudos for all your hard work during these trying times. Your dedication to explaining all of this cobbledeguk for us longtimers is much appreciated. And BTW I am still a buyer.
God bless and Happy Thanksgiving to you and yours,
Take Care
David
clawmann,
Of course.
Take Care
David
Donot
OT
Most of what you say is obviously a reflection of your drinking too much of the media koolaid. BTW, BO does not want a middle class. His ideology is to destroy the middle class.
Take Care
David
Uncle Bo
It could be that KKN might be in play . KKR knows all about KKN.
Take Care
David
mordicai,
Agree with your response. Good to see you posting. Don't be a stranger here.
Take Care
David
LG,
We have a little over 6 weeks to go in 2014 for the $hit to hit the fan (as one might say) in this particular situation. I kinda of like where this is headed right now. But I am a patient person. If we hit pay dirt in 2014 or 2015 makes no difference to me. I will just keep buying. I like my chances.
Take Care
David
bbanbob
I have gone over various scenarios as to the tax liability associated with the pre and post status of the holding company stock purchases and releases and have come to the conclusion that all posts related to that subject have to be taken by the board as opinion only and that all posters would be advised to seek tax counsel on these matters.
Bob
While I tend to agree with your 0 cost basis analysis, I can see where recognition of the earlier transactions made affecting the releases could be related to the tax consequences of the sales of the WMIH stock going forward.
Some of my background includes finance and business economics on the MBA level and in the business arena, but when it comes to taxes I personally leave the interpretation to the tax professionals.
BTW, I exchanged only the small amount of WAMUQ, WAMPQ and WAMKQ I had remaining in my account. Therefore my exposure to the tax issue is negligible. My primary investment interest was low cost WMIH shares and still is(lol).
That being said, have always enjoyed your posting on this and other boards.
Take Care
David
Fat Tony
It is what it is!! God bless you Tony for putting it all together in a concise paragraph for all to grasp.
Take Care
David
LG,
I compare it to what happened in a criminal trial like the OJ Simpson case where Simpson was unjustly acquitted of a dual murder but a civil trial had their way with him. Kind of the same thing going on here,in a way by SG.
Take Care
David
BBABBOB
Bob
As I am sure you know, WMI as a holding company OWNED all brick and mortar assets AND probably many other hard assets that were "taken" by the FDIH and assumed by JPM as part of the deal to allow the deal to move forward at the time. Whether adequate compensation will be recovered by the LT is the question.
Take Care
David
dialer55
Makes sense doesn't it?
Take Care
David
NDT
Miniscule amount of stock being traded. MMs still manipulating,IMVVHO.
Take Care
David
tzebedee
The accumulation has been strong for a "LONG" time now. Probably one of the best tells moving forward. Investors in the know "KNOW"! lol
Take Care
David
hm
Who owns the loans? Should be a simple answer BTW.
Take Care
David
BlueeFoxx
Don,
Any opinion on how secure the NOLS are at this time for WMIH SHs? Some discussion on BP today suggests the NOLS could be in jeopardy down the road. Just wondering.
TIA
Take Care
David
dd
Fast and furious investigation. Holder is linked to it big time.
W3R
The 9/25/14 date is the beginning. Everything was on hold until then, IMVVVHO.
Take Care
David
Don
Nice summary as usual. When I look back at how the Judge handled things you have to give her credit. The main gripe I had was the billings from the debtor but they were probably no more outlandish than other BK trials of this magnitude and especially when you compare them to Susman's firm they REALLY are outlandish!!lol
Take Care
David
Donot
You must have a whole bunch of preferred escrow shares!!lol
Take Care
David
Don,
We did not lose. We will get what is Fair and Reasonable....maybe even a "bit" more...wink wink!lol
Take Care
David
BB
Might have been a number agreed upon by the parties way back when, just my 2 cents.
Take Care
David
boarddork
Interesting post. Assuming this is factual was this information common knowledge to this and other boards during the past years. I for one was not aware of the mortgages being in the posession of the FDIC. Thought Chase got everything that was associated with WMB as I think many other posters were. Not that I am unhappy about that situation if true ,mind you!!lol
Take Care
David
bkshadow
She was definitely was a big "helper" to the "axis of evil" in this whole debacle. And anyone with a spigin of common sense would have realized the scam by WGM et al and reined them in but she instead let them run roughshod over her. What a pitiful wimp and a very poor excuse for portraying a BK judge. Just venting a little which a like to do even though I made a nice bundle on this whole thing to date and will being doing well with WMIH in the near future,imho of course.
Take Care
David
bkshadow
You are making a major assumption that Walrath is competent in all repects including financial matters. Bad assumption. She took the word of the corrupt DIP as her source. We know she was fanagled and used numerous times by many corrupt parties to the BK proceedings.
Take Care
David
DW
You are feeding the fire of speculation!! Good for you!lol
Take Care
David
WithCatz
Been so long I needed a refresher.
Take Care
David
Major
How many escrow shares for each share of P, K or common?
Take Care
David
LG
What constitutes a "significant escrow share holder"?
Take Care
David
WithCatz
Let's see if I am understanding or interpreting your post correctly. You are intimating that the court has determined that the FDIC is the "Owner" of ALL of the outstanding mortgages associated with WMB "AND" WMI. Is that your statement?
Take Care
David
MJ8
How do you think we got KKR? Our good looks??lol Blackstone!!!
Everything has been put together for a reason. Speculation by investors is just that... speculation. Let the experts put the deals together and reap the rewards of their efforts.
Take Care
David