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Nevermind, I see he took the liabilities it just seem like too much money to me I dont believe it.
Question AZ,
People are taking Dmd20 $22k/preferred and $44/common figures to heart. JPIG wanted to cherry pick assets and not assume any of the liabilities and pressumably ended up just servicing the loans. Now those liabilities have not gone away right?!, they cannot just take the value of the estate and harbor it while disregarding the liabilities??
So to me those figures are not real because Dmd20 did not take into consideration those liabilities or any deposits that needed to be return to the rightful owners.
Can you shed some light on this or do you believe those numbers?
Or am I thinking about it wrong?
Interesting times Wayne especially with the almost closure of the WAMU saga. Thanks for your insight!!
Yes, IM CURIOUS TO KNOW WHO THE PUPPET MASTER IS? and what the real reason for all these delays are. What have they been planning for 10 years behind the curtains.
Or is it just a Conspiracy Theory!! and nothing else, I highly doubt it...
What was the purpose to hold PIERS final payment for years when they had the money for pay off..
Seems like Walrat and WMILT been working together to delay delay delay... When we'll we see some sort of closure?
Puppet gonna delay this into Oblivion..
How many delays you think she needs to make a ruling? LMAO!!
another 20?
Who is the Puppet Master???
she is a puppet someone else pulling her strings!!
LMAO your right is all orchestrated and BS as usual
Im not surprised WalRat been delaying this for years what is one more delay this was obviously planned out...
Lawyer Tactics to abuse the system, shame the judge permits it!!
Quote: unbelievable isn't it. Good God almighty this just refuses to ever END!! ugggg. This is pure torture!
21 stay because someone is going on vacation WTF!!! holy sheeple shit this is just maddening!
That's gonna be a darn shame I'll miss your posts. But if we must see you go thanks for your many contributions over the years. Don't be a stranger and good luck with your future endeavours... it was fun while it lasted,
Quote:
And, I will be gone soon' ...
AZ
TOUCHE!!, LMAO!!
This is old news, we have known this for 2 weeks already. It has been discussed by AZ many times...
Look at AZ's posts you will find all the info there..
Quote:
I believe this is the single most important hearing in many years that may actually show us the way forward into LARGE GREEN territory!
Some people just don't know how to read between the lines, they take things literally and cannot see the forest behind the trees. One word CLOSURE we need to see some CLOSURE before we move forward its been 10 years...
Although is possible if there are remaining assets could be sold to COOP and we receive cash on our escrow...
EXACTLY, you hit the nail on the head. But no matter how many times is been said people still don't understand it. Go FIFURE!!
Quote:
"Know what you own, WMIH is the tell."
AZ
CASH IS KING,S4V was never ment to be IMHO!
MUST READ!!
Well looks like the possibilities are endless...
S4V before merger, WRONG!!
S4V before RS, WRONG!!
S4V after RS, WRONG!!
S4V before every Halloween WRONG AGAIN!!
phrasing it a little different won't help either
These predictions keep falling apart like a roll of standing dominoes
LMAO!!
Haven't you seen wamugold's must read? let me posted again!
Others have the right to disagree I believe everything is tied up together as AZ is saying even though they are not related they need to get some closure and finalized the WMIH former status before everything starts rolling
But only if WAlRat delaying tactics are over we will them move forward. I think is about time but who knows....
Yes as AZ stated tomorrow we will see if finally Walrath finalizes all employee claims and disputes so that PIERS get their last payment and the waterfall continues. AZ should be able to tell us if the WMB notes class 17 get a payment. After that we are next in the waterfall
Makes perfect sense thanks AZ.
Quote:
~ Nothing Can Move Yet', COOP', "Mr Cooper", Included ~
... Nothing At All', in any truly financial meaningful manner, NOT' until the WMI-LT's "Proposed Order" is finally approved by Judge Walrath, allowing for the Last WMI Creditor to finally be "Addressed" ...
... Not Mr. Cooper, Not the WMB Class 17's, Not any of the ABS-Cert Performing Trusts the Parent and its Affiliates had Participated in and were Aligned With ...
This Also Includes as per the Plan 7' Confirmation Order', ... the "Washington Mutual Capital Trust 2001" ...
AZ
Yes, that is what I have been saying all along, It does not make sense!!
If it is too good to be truth it ain't true....
THE END IS NEAR!!
AZ, thanks again for your invaluable due diligence!!
So what you are saying is that even though the bankrupt company could not proceed without commons (the legal owners of the estate) to save the NOL's now that we are cancelled we gave our legal owner status away so that everyone else can benefit at the expense of commons??
That sounds like a good deal!!
I think you nailed it.... LMAO!!
And u think those add up to $18K/preferred share???
True,AZ best analyst here,Numero UNO!!
I never said that the LT was to be dissolved when bankrupty close you are the one saying that. I only said the LT had a 6 year period before being dissolved I did not know the judge could extend the date further but the filings specifically said no more than 6 years which was early 2018.
Just use common sense $18k per preferred, when originally were $1000 and the estate became bankrupt LOL!!
BULL it is useless to try to explain to these 1% contrarians anything. They will never get it, they dont want to get it. LOL
Another analogy comes to mind. "One cannot help people that does not want to be helped" Maybe if you read some of the filings instead of being spoon fed you could arrive to the same conclusions.
OHHH JERRYYYY!! I think you thought I could not read between the lines but if you combine type 1 and type 2 it describes you and the other 1%
The copy and paste theory is just an interpretation of distorted facts and bad theories
Now that sounds better doesn't it!!
By the way how do you know hedgies dont have the majority of the commons on an offshore account?? LOL
AZ I have an idea you have tried to explain in different ways the idea of "Holding company vs Estate" but some people still dont get it may be if you cut and paste this fact a few times maybe they will comprehend it.
You are about the 1% anomaly that are still on the cut and paste camp. By the way HOW IS THE S4V THEORY GOING FOR U? LOL!!
People dont get fooled as easily these days...
"LET'S GIT ER DONE"
I love this part, Quote:
the Motion is the latest attempt by Claimants to skirt the numerous judicial determinations and agency denials in the hope that this Court turns a blind eye to its lack of subject matter jurisdiction. These efforts must stop. The courts have spoken. Claimants chose not to appeal their decisions. The Motion must be denied.
Lets hope WalRat acts on this and once and for all denies employee claims and golden parachutes.
Exactly, cut and paste does not know what he owns thats why he is so confused and confusing everyone else on the board.