Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
i have looked and looked and have found nothing on the asset auction that happened on april 2nd. my guess is that they didnt get the price they needed to sell to banks and the benchmark would have been set. geithner then would not be able to pump the prices because then the banks would have a barometer to forecast or compare. geithner's plan then goes up in smoke!!! i think he's brokering a deal to get thmr out of the way so the ponzi scheme can resume. jmo sf
if you have scottrade look at your statement online and it gives you the amount of dividend that you should receive if everything works out. look on your statement it is there. i have 3527 shares and it says on my statement proposed dividend of 273,342.50
77.50 per share!
republican or democrat ....it doesnt matter. collusion happened. evil is evil. and truth will prevail!!!! just like a sign said at the tea party.." YOU CANT FIX STUPID BUT YOU CAN VOTE IT OUT!!!" or in this case throw it in jail.! it is sad they are trying to scapegoat lewis for paulson and bernanke's thug strong-arming. he was in fear of the gov't and of his job. this action is unprecedented. he tried to get out of the transaction when the numbers were revealed. they threatened him. they should go to jail and so should bair. that stinking b needs to be water boarded!!! bet she would sing!!!! we are the ones that are going to sing!!!! all the way to the bank!!!!!
off topic but fox news is talking about the inquiry into shotgun wedding of merrill lynch and bac. says bernanke and paulson made lewis do the deal knowing it would hurt shareholders because of the descrepancy in price. they overpaid by 15 bil. they told lewis do the deal or lose your place on the board of directors. they are looking into criminal charges against bernanke and paulson now. what are they going to say when they find out paulson was at the helm when the wamu takedown happened. and it was he that put the screws to wamu to accept an offer of 8 dollars. and we have yet to be paid for anything!!!! that building is owned by wmi not jpm. feds are truly going to "owe the bank" on this crooked transaction. a transaction that had no seller!!!!!
what time did that happen? did anyone get in on the 35.00?
did wampq go to 36.50? my scottrade says that. is it a typo?
do you know about the dividends? do you have to pay taxes on them if they are reinvested and not cashed out? or ia it only when you cash out the stock or tell the broker you want the dividends in the cash account and do not want reinvestment?
funny ...my scottrade account said i needed to inform them if my dividends will be reinvested or cash in account. that just happened last month. also cake financial stopped following wampq in my account. i was an elite member then all of a sudden they lowered me to bronze. they said they were no longer folllowing the stock. something is getting ready to happen in my opinion. also if you reinvest dividends do you pay capital gains on them or is it only when you cash the stock or dividends out? thanks for everyones help im up $16,000 today. i was diagnosed with stage 3 melanoma cancer 3 years ago and i feel this is the prayer i have asked for. my family will be ok i feel. i was supposed to be dead 8 months after diagnosis but i am still above the dirt and cancer free!this stock was the first i bought after losing my 23 yr. job because of my disability and the loss of all lymph nodes in my leg. everything happens for a reason and i am grateful for everyday irregardless. thanks for everyone's help i couldnt have done it without you guys!!!!
no one knows what is going on with the auction. everything is so secretive. makes you think bk may not be in the cards. but even if it does go bk these stocks always jump post filing. look at siri as an example. i would stay tuned. this could be very fun and lucrative!!!
has anyone heard how the private auction went for some of the assets of thmr? they are keeping it under raps for a reason. this benchmark will set the limits for banks too low to invest andkill geithner's plan for toxic assets. if they dont get the number they need i feel they will broker a deal to get thmr out of the way. a benchmark gives a comparison for banks and they are not going to pay a penny more than what this auction brought. i found on bloomberg about the benchmark thing but have been unable to find out the outcome of the auction? very fishy!!!! geithner does not want any comparisons to anything. remember he is not the best at math. so he doesnt need anyone checking his figures like with his taxes. his scheme would then go down in flames!!!! and if they were truly filing bk they would have already done it. every article i have read says "MAY" file bk. i think this was a red flag put up so the feds could see what they have and see if it is going to hinder their agenda. i feel they will broker a deal to take care of this problem so they have no oversight. jmo check bloomberg.com
feds are going to dilute after close on friday. you better pull out over weekend or monday your earnings will be cut probably to half. they are going to push this stock as high as they can by friday but jump on friday and get back in after the conversion on opening monday. jmo.
looks like credit suisse is now implicated in a ponzi scheme that they sold fraudulent securities to national financial and caused their bankruptcy and are now being sued. credit suisse is a backer of thornburg financial and thornburg mortgage. i'm just wondering if they also caused thornburg's demise? check bloomberg.com for story. also they are saying that the "private" auction that credit suisse had on apr 2nd of some of the assets of thornburg could set a "benchmark" for the toxic assets and that would throw a big wrench in geithner's scheme for selling toxics to banks. this would set the benchmark too low and the investors wouldnt touch it. that is why everything is going on behind closed doors. jmo but i feel the feds will broker something to sell or keep thornburg afloat or their whole plan could implode!!!
has anyone got a reply from emails or phone calls?
cake financial still has its rating of "A" on thmr. all the mortgage co. here are applying to become banks. i think thmr will too. if they were going to file bk they could have done it the very next day. they are either transforming or shoppimg for a merger. jmo.
the fdic intervened because they dont want the class action lawsuit to start its "fact finding" on the demise of wamu bank. it would be total exposure for them. they want the fed court to send it their way so they can keep their cover and tie this up in a neat little package. did you see that the new court date is set for late sept? coincidence....i think not!!!!! wamu is golden~
i think there is a possibility of anything these days. this problem of pricing is a biggie. the benchmark is needed for banks to come in and buy up this junk. and if thornburgs auction undercuts geithners pricing....not good. looks like we have a big elephant in the room!!!! one that will need propping up to get geithner's agenda in motion . can't let a little thing such as pricing get in the way. the govt does not want any exposure to price fixing or overinflation. nor do they want any comparisons to what they are selling!!! interesting that the sale of thornburg assets could set a lower benchmark than the banks will touch for toxic assets. looks like a little "funny math" will be coming into play. geithner needs his price to keep the smoke and mirrors going. he will get his benchmark one way or another. i feel we will benefit!!! jmo.
checkout bloomberg.com!!! it seems the auction of thornburg mortgage assets could throw a wrench into geithner's ponzie scheme of overvalueing assests of mortgage securities. they said that the auction could set a benchmark for assets so that the government couldnt set their own price for the toxic assets. the gov't wants to be the one to set that benchmark.i think they are going to drum up a reason to back thornburg to prop them up so they can still go ahead with their own overpricing of toxic assets. the gov't does not want a comparison done with their numbers because then they would be exposed once again for overinflation of toxic assets! it seems Blackrock is now in the picture and they dont want this benchmark set. they are going to have to do something about thornburgs auction before this geithner plan can proceed. sounds great for us!!!!
GS is not in the business of being nice with lengthening forebearance. thmr MAY file bk. i think they are shopping for a home right now. they want to be a bank and they have until apr 30th. i wouldnt assume bk so soon. they have alot to offer someone with customer base.
look at stockcharts.com!!!! today's date the weekly period for wamuq. MA(50) at 3.10 and MA(200) at 26.93!!!!!!
you are absolutely right!!! i was listening to talk radio today and they said in this tax budget coming up they are getting uniforms for volunteering paid by the taxpayer. and everyone including kids will be forced to volunteer!!! if you want to work you must do forced work or you will not be allowed to go to your job. how ironic! a black president enforcing slavery!!!! also on greta van sustren they said they would bring gitmo prisoners to our shores. give them civil trials with rights and give them a stipend paid for through welfare payments. believe me this is being voted on in the near future!!! chinese muslims were told if they were returned to china they would be beheaded because they shamed their homeland. so its too dangerous for them to go back but its safe enough to let them out here? WTF!!!!!!!!!!!!! this is a nightmare!!!!
stocktargets.com
i looked it up on stocktarget.com and they put it at $1.00 !
i like companies who are diversified. seems we are getting a 2 for 1 company...with the oil driling in brazil in their back pocket. seems they have something to ride out the rough days with. this is great!!! and i feel 10 is minimal in the near future. they have yet to know how the driling funds are going to subsidize to buy more ships. at least this guy is looking at all avenues.
i guess he's going to be sheila's right hand man. he'll be the one dealing with"capital flight" with offshore accounts sent to ubs to keep from paying taxes. these millionaires better be worried. in essence it is money laundering because it is very hard to tell where the money comes from in these instances. major offense if convicted not to mention irs tax evasion charges. what better than a person from the inside of UBS to be handling this from this side of the pond. they have to, because charges cant be filed by anyone outside the US. all documentation must come from here. that's why when you call for customer support about an account..you have to ask if the person is based in the US. jurisdiction takes precedent. never haggle with a person over in INDIA or otherwise because you have no grounds to sue because they are not in US and they know it. They will string you along cause they can. always ask for a rep in US to handle any contractual problems because only US reps are bound by our laws and the constitution.
you are so full of crap!!! there wasnt a run on the bank. deposits were sound. paulson's hedge fund downed the stock and jpm froze their liquid account so they couldnt access funds. wamu is soooooo poor right? so poor they can pay 4 law firms 1,000/hr to kick fdic's butt!!! this was a setup to take down jpm competition. nothing more.
thanks!!!
is the p's the way to go?
yea i think we get some banks back but better yet wamu rents the land that the banks are on to jpm! obama went to school to learn how to thwart the constitution. he already has by becoming president because he was not born here. he was born in africa because his mother was pregnant and at 8 months gestation airline refused to let her on because of her condition. she had him in africa she was 17 yrs old. you can only transfer citizenship to a child when born out of country if you are 19!!! check out obamacrimes.com....you will find out alot. he is a puppet for some faction. he is muslim. he lived in indonesia as a child for 2 yrs. to live there you have to renounce your citizenship they do not allow dual citizenship!!! but he didnt have it to renounce anyway because he is african . this administration is in place to destroy wealth in america. fdic is broke. the whole fdic insured thing is a joke!!! and dont ever put more than 100,000 in a bank account ever. i know they increased the deposit amt to 250,000 but that is only for 1 year. if this crap happens again after that year youre not covered. so be careful.
wamu is the "phoenix out of the ashes" but with $$$$$$$$. no luck needed we are golden. glad you got back in the family.
i think they knew something was up and they decided to put that 4.4 billion there. they knew fdic and jpm was scheming!!! and i think someone tipped them off. how could they file bk so fast. the heads of wmi were on a plane that thursday when the bank was taken down. and they get the most powerful law firms in bk resolution to file within one day! i think there always was a plan b and the 4.4 billion was the insurance policy to trap fdic and jpm. it most certainly shows collusion and illegal seizure and intent. and i feel judge walrath is taking this very seriously. her judgement will be in lawbooks forever as case law. fdic seized a bank on a thursday(usually a friday). and took that bank from its holding company. which they had no jurisdiction to do. thats why they said they couldnt take down citi...because of the reprocussion from the wamu lawsuit. this is constitutionally illegal!!!! and judge walrath knows this. smile for your close up judge!!!!! we are going to make you famous.
this mammoth holding company is going to bitch slap sheila bair all the way to prison! wamu is all about their reputation. and their creditors know it. creditors will step aside and watch the show. i would pay myself to see it. you dont mess with a bank est in 1800's. they've seen it all and been there. hard to play a player!!!!!
the system did work. fdic and jpm needed wamu deposits. they took them. goldman sachs shorted their stock to make the bank look like it was failing.like a charm. the thing is the 4.4 bil in the bank they didnt find til wamu disclosed it in the bk filing showed they didnt do what they were supposed to. also the fact that fdic had no authority to take a bank from its holding company is a biggee. sheila bair felt she was judge, jury and executioner. but they did what they came to do. and once again the treasury bank became that much bigger in the "too big to fail" scheme and they did it on the taxpayers dime. jpm wont pay fdic will....we will.
usually prepetition equity will get pennys on the dollar. but in wamus case this isnt about stockholders. prepetition and post petition will be just fine imo. tpg is wamu's partner to destroy the fdic's credibility. this is big because bernanke, bair, and geithner are now "ASKING" congress to circumvent the constitution and allow them to counsel, acquire, or sell any private entity they see that is a "systemic problem" for the economy. this is Case LAW happening now. this will be the nail in the coffin for the fdic and their socialistic outlook. who do you feel would benefit from this consolidation of private, viable entities? the fdic, jpm (treasury bank), and of course their partner in every crime goldman sachs with paulson's hedge fund causing the banks to look weak by targeting and shorting their stock so fdic says they need to be taken down. they are a triple threat. jaime dimon is in the seat to execute this regulatory regime. fdic wants him to do it. they will cherry pick what they feel they need to prop up jpm because they are a treasury bank and the holder of our social security fund! thats why we are here today. jpm was going to lose big in share price because of the bad home loans pushed through by fre and fnm that jpm repackaged and resold. wamu and leh were downed to prop up jpm or social security would have frozen or bankrupted entirely. wamu will get what they want. and i feel they will settle the share price for the bank they stole and then wamu will be a force not to be tamed when they turn out of bk in 3rd quarter. i dont feel they will sell everything. i feel stock will be paid face value and we resume with kicking some major ass. wamu will be the phoenix out of the ashes for the banking sector that will fuel the stock markets return to profitability!!! jmo.
vague.....once again!!!! what a coverup. what a joke. the joke is on fdic and jpm downgrade soon to happen!
fight over wamu assets coming on cnbc after the commercial....next!
this is the case they can point to on why we dont need big govt. and we dont need sheila bair f***king in the middle of things! obama doesnt want this out he hasnt finished consolidating the little banks and then the insurance companies yet!!!!
why would there be a buyout looming? their premier drug went bust! what do they have to buy? their 10k filing said the study was futile. what else could it be?
it means that the only drug in their pipeline went bust. they have no recourse and are going to have to start from scratch on a different study. "they busted on their hedge"
zardiw could the gov't take down wamu again once they exit bankruptcy if they feel they need to. that is what they are discussing in the committee meetings. they could drum up some other lie to again go after wamu. they want to circumvent the constitution to take down banks they feel they need to. this is so corrupt!!!!