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people are forgetting this. i dont feel they are in it to merge. they are in it to get their money for their banks and patent infringement done by jpm using the design patent owned by wmi. they want to clear their name because reputation is everything. it is in jpm best interest to give them an offer they cant refuse. it is in jpm best interest to merge wmi as a subsidiary holding company and payout the monies owed to them for the bank stock. wmi doesnt need jpm jpm needs them. i feel when the 4.4 bil is returned that is enough capital to come out of bk irreguardless of bank outcome. any bank could be bought and NOLs remain intact. and wm returns to its rightful place and is stiff competition for gs and jpm. because wmi will definitely be the only "good" bank and holding company with a true clear balance sheet. a force to be reckoned with. the ball is in jpm court. i feel there will be a huge bidding war for wmb because a true auction was not done and gs needs to grow. they will not just let jaime dimon walk off with the prize. i think this is going to be very eye opening experience for everyone involved. we are the prize and the competition they wanted eliminated. but i dont feel wmi will be eliminated or silenced. they will return imo. would wmi have to buy a brick and mortar bank to come out of bk with NOL's? could they in fact have a digital online bank? they have atms that are owned by them now offsite of the banks in malls and airports. why couldnt they be a holding company with an online banking system. no overhead and they could offer an unbelievable savings rate and cd rates to depositors that jpm and gs could not! something to ponder!!!
exactly!!! and GS is definitely not going to let jpm take the cake. i feel there is going to be a significant bidding war. jpm is very much ahead of gs in holdings..gs needs us. and they were the ones that shorted wamu stock into the ground while jpm froze wamus accounts. so they definitely will get theirs. there was not a true auction but gifting by fdic. either by bidding or outing jaime dimon and sheila bair publicly, gs will definitely be in this war. i feel judge walrath is getting peeved and will definitely rule on 4.4b. jaime better get on the redbull and pull some allnighters up and until next court date. did you see the indictment mozillo is getting for insider trading and misrepresentation at countrywide? is that not what jaime dimon is doing by claiming wmi real estate,providian cc co, and 4.4b to prop up their share price? and i read that fdic had no authority to audit treasury banks they can only oversee. thats why there is still no investigation into lehman because they have no authority to audit jpm. so they can slough off any inquiry and continue stealing. bonny and clyde,jaime and sheila are. fdic does the setup and they go for the kill in receivership. no auction no buyers till receivership cause then they can get it for pennies instead of dollars! they will get theirs! and we will get ours!!!
my son was at high school today. he had a sub that was an investment broker that lost his job. he asked the guy about washington mutual and he said they are bk and she will lose her money. my son said to that....is that why my mom is up $100,000 in her account? guess thats why he's a substitute! but in his defense when you pull up wamuq, on bloomberg, it says fdic put wmi into receivership...which is false. only wmb is in receivership. that shows you how corrupt and how hush hush this transaction is being handled. i'm holding till the end. go weil!!!!! go wamu!!!! wamu's stellar reputation will be restored and we will be rich!!!!
looks like pay czar kenneth rosenburg being appointed to crack down on pay compensation for banks that have received tarp money. this is definitely an incentive for JD to clear this lawsuit up.
jackson ...i got your mailer but the link didnt work for the alpha thing. can you send it again. it said error when i clicked on it. thanks sf (sorry cant private reply)
isnt scott friedland the detective that found the mole situation?
hroller....is that an astin martin in the picture on your post?
this is the biggest game of financial "monopoly" to date. imo we as wamu will get "park place" and jamie dimon and sheila bair should get "go directly to jail.. but DO collect 50 billion dollars!!!! jaime in that picture in the post certainly has that "madoff" look doesnt he? what a crook!!!!
the fire is being stoked under king dimon!!! will he burn or will he bail!!!! bail price 1000/shr!!!
yes i am talking about sandy weill. i mistyped with only 1 "L". sorry. i am not talking about the lawfirm. but that lawfirm did represent the weill's in the enron thing at one time. mr weill is board of ny fed. and is watching dimon squirm. he knows jd is cooked unless he can pull one out of his ass.
bank one was assumed..(consumed) by jpm and dimon became ceo. how convenient!!! weil split before the acquisition and went to citicorp i believe. weil's daughter worked at jpm before dimon got there and when she came up for promotion dimon dissed her!!! weil will get his own personal revenge. trust me. we are golden!!!! jmo
yea jaime dimon and WEIL partners at one time at bankone. Weil was the "brains" and JD was the big schmoozer. (used car salesman esk.) all talk no substance. weil "will" mop the floor with jd. like he said in court to jd..."this is going to be fun!!!"
Weil would not drop representation in UBS lawsuit to focus on WAMU if he didnt smell blood in the water. this guy came up through the ranks with jaime dimon. i feel this is personal. when JD passed up Weil's daughter for a promotion when she worked for him ...it was WAR from then on!!! this is as much personal as professional. the fees are not chump change. HAVE YOU SEEN THE COIN RACKED UP BY THESE GUYS? unreal!!! wamu is well represented and will be vindicated. after all...it is all about the reputation of a company est. 1880's that is at stake. money is no object for them. but revenge is sweet!!!
i think judge walrath is not ruling because she is extending a favor by not pigeon holing jpm by setting case law for futher takedowns of banks with holding companies. with legislation pending, that fdic is trying to push through. to supercede constitution to give them authority to take down private holding companies with their banks. i think she is saying to jpm...get this mess handled quietly or i will handle it for you! her ruling will cut jpm at their knees and stop the rest of their proposed takedowns from ever happening.it is in fdic and jpm best interest to handle this and handle this fast or their conspiracy will be exposed and their ongoing bank robberies cannot resume with the support of treasury. the govt is implicated. fdic couldnt have taken wmi and wmb down without someone higher up knowing...ie treasury, congress, president. they had no authority but they "got" the authority from somewhere and all on the backs of taxpayers. watch the show!!! too many people would be exposed. they will conveniently make this all go away very soon. jpm has to get their monies frozen by france and italy back too. this is definitely a global settlement. pay to play ponzi scheme to the extreme!!! jmo
dont you have to buy today to be settled by friday in case something happens over weekend?
i filed a complaint yesterday with scottrade. the phone lines national and local were busy when the 18.50 price happened. talked to the manager and said i knew that scottrade prez was on board of NITE and the manipulation is obvious. no other trading entity is limiting and that i was filing a complaint if this wasnt addressed. i guess knowledge is power!!!
scottrade has already sent me an email that i need to designate if i want to reinvest my divis or have a check cut. also if anyone has scottrade ...they are limiting to call in to buy wampq. call in and put a couple orders in for 1 share at 1 penny GTC. so you dont have to call in and miss the move. that way you have an open order to manipulate when you want to!!!! scottrade will be upset but they have to do it when you request it. beat them at their own game!!! got this idea from GN very smart. also on the wamu thing just think...they have been in business since 1880's. i think they PUT the 4.4 bil in their accounts to catch the fdic and dimon with their hands in the cookie jar. i think wamu knew how unthorough they were. they were wearing $$$$ glasses and did no research except for what the MOLES were sent in to do. i think wamu is so much more intelligent than our govt agencies. and you cant play a PLAYER!!! just sit back and watch WEIL play dimon and bair like a fiddle. figure we have nothing to lose. they have everything to lose. wamu's pockets are endless and they will definitely beat them into legal submission!
how is running ramshod over the constitution a non issue? this affects all american citizens! first the banks, then the banks with holding companies, then your property. just look on Fox news this morning...the people in pennsylvania that own the property where the plane went down on 9-11. has the gov't negotiated in good faith? no they are taking it siteing "eminent domain." no negotiation just what the gov't wants when they want it. the property owners found out about it in a news article in their newspaper..not a phone call or official letter. sound familiar? if we don't do something to help wamu to get this information out to expose the fdic clowns and the swindler dimon, the american people are going to be used and abused for the benefit of BIG GOVT. we are bank rolling bankrobbery for treasury... illegal, unconstitutional, and unethical!!! if we don't do something to let judge walrath know that the eyes are watching her...i feel the gov't could put undue pressure on her. we need to look out for our interests not only financially but also constitutionally. exposure is the only thing that will stop their irresponsibility and carelessness. this is about america and america is under attack!!!!
did you have a balance on the acct? i did and the agreement i have is 0% for 18months (wamu) and they honored it when it went to chase. but they said when the offer expires they could raise my rates even though i have never been late and always have paid double minimum payment.
i thought they were only going after the true price for banks and their 4.4bil in deposits. so your saying jpm is going to extinguish them in this payoff transaction? is that why jpm is selling real estate that they have no title to? there is a deal done for everything? and when we get payoff do you think it will be in jpm pref stock swap with a cash payout? how do you think it will pan out? i am not a newbie i've owned since .50 cents. thanks for your time.
what bank do you think wamu will buy when they turn out of bk? i think bb&t. or do you think wamu will be bought out entirely and put as a subsidiary holding company?
looks like their showing buys as sells. i put in an order for 10,000 shares at 1.5 because just before someone got some for 1.50. it jumped to 2.05 and sells are posting as buys to keep the price up because volume isnt there. be careful major manipulation going on!!!
shares are reissued when a company is insolvent. wamu was solvent but stolen!!! they went in bk only for protection from the fdic and jpm takedown. our stock has not jumped in price based on volume alone. the market knows what they are worth and are pricing them accordingly. washingtom mutual is about reputation and they are going to fight tooth and nail to restore that reputation. next!!!!
what?
what?
and jail is the other 1/10th!!!!! go wamu!!!
what does it take for this to go back to the big boards?
wamuq moving up to .10 we will skyrocket today!!!!imo.
sf.......the offer is 4.3 million!!!! "deal or no deal?" that's what it feels like. whats the next case going to hold $50.00? we'll see!!!!!! go wamu!!!!!!!!
FDIC is running banks stolen by them and jpm in new york. fdic does not have the authority to run banks but they are running the throw aways from jpm that they stole from wamu. lets start with those or may i say "ours."
reporter that is truly informed!......NOT!!!! thats why she's a reporter speculating and not a millionaire shareholder like our group. we will be in vegas at the lobster races while she is still typing away on her lonely computer.....clueless!!!!
jpm doesnt have the cash to let them withdraw it!!! their stock will drop like a rock because they pumped their earnings with this money. thats what is propping them up.
you can file suit again if you havent gotten a definitive answer!!! fdic and jpm have a huge smokescreen going and are turning any which way they can to squirm out of whatever they can. if you cant pin them down you have to sue again. judge walrath left it out there. and jpm put out that it was a loan from wmi which it wasnt. they keep on and on and on. weil needs to nail them to the wall. they are jello right now.
they may scapegoat her but i feel this is what the obama administration wants. slash and burn with prosperity. she is all about making banks subserviant to fdic. not only do banks have to pay high insurance premiums to fdic to insure their deposits but now they are under scrutiny by fdic for capital. if they dont capitalize the way fdic wants the fdic has grounds to call them insolvent and take them. they also want the authority to take down banks with holding companies so they can take the good assets such as real estate, insurance companies, etc that the holding company has to capitalize them too ....the fdic.... because they are broke!!!! sheila bair has already said she is working with congress to get the authority to circumvent the constitution and seize private holding companies whenever they FEEL they need to. when is it going to stop. this could lead to them taking any property or asset you have because they want or need it with no accountability!!!! congress is embedded with fdic. dont you think that she has done a wonderful job of destroying shareholders and taxpayers for the benefit of treasury and fdic. stellar i feel. but again taxpayers are the ones left holding the bag. but if they need to oust a head it will be her. and i feel dimon will be waiting and salivating to take the reigns. just think jpm took wamu for 1.9bil and in the end they will have still only paid 1.9bil because they have accepted tarp, they will win against fdic for illegal seizure and who pays? us!!!! they stole a bank and we paid for it. that is what we are trying to show everyone. they are stealing private property and leaving the american people paying the bill. we are bankrolling bank robbery!!!!
total stall on jpm part. Weil is fast-tracking this argument by bringing attention to it again i feel. weil is driving this money train and pulling dimon's ass along for the ride. he will prevail. they need to put this monster to bed before the house of cards fall and the fdic gig is up!!!! hold on for the prize. sheila bair said they get their dirty mits on 500bil in the next 2 to 3 weeks. i feel a big cleanup and payoff is coming.
didnt wamu already get a positive outcome for the 4.4 bil some time back? i remember when we were waiting to see them pull it from jpm cold dead hands!!! why the lawsuit active again? werent they told by judge walrath that they had the right to pull these funds from the account because it was a deposit? or is this Weil's way of getting the info out to the general public faster through filing suit again?
just heard board of directors ousted lewis? anyone?
sheila bair even said on cnbc that she has no authority to take down banks with holding companies...but she did with washington mutual!!! this govt in this day and age is insane about power. and if people dont educate themselves they are going to have a govt that will eventually tell you when to take a dump!!! as for thmr..it takes alot of money to go through bankruptcy, money i feel they dont want to shell out. i feel they are shopping the mortgage co for buyers or partners. i dont think they got the price on assets that geithner needs to continue his toxic bank asset scheme on april 2nd. geithner doesnt want that benchmark set for comparison. has anyone heard a peep for the auction? i havent. thats why i feel they are going to broker a deal to get thmr out of the way. we should see soon. april 30th is when the GS offset comes due. anxious to see what happens! if the payment is paid we are golden! even if they do fall into bk they could surge like SIRI did to .30 or better. either way we win. jmo
sheila bair on cnbc today said in the next couple of weeks they should get the capital they need to continue shutting down so called insolvent banks. i think she said 500 bil. she also said it is a shame that they do not have the jurisdiction to take down holding companies also. it would make things much easier for fdic. she said she feels that congress will eventually give them that go ahead for authority to take down banks with holding companies. what a thief. a direct attack on the constitution!!! people are too stupid to see or care what is happening!!!! congress and all of them need to be in jail!!!! they are raping the american taxpayer to consolidate their balance sheet to make banks subserviant to them. people need to stand up!!! capitalism is being erroded. our dollar is toilet paper. and we will be a third world country if this continues. jmo
sheila bair on too big to fail on cnbc at 1135a now.