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Yea.. not helpful to tell us to reach out to the hedges.. we don't have the clout nor resources..
Also not like any money we have all been waiting for isn't important to the rest of us..
True the LT was suppose to have closed a month ago.. but there's but no update as to whether there's been an extension
Haha true..
I think there will be hopium dates all the way until Thanksgiving with the way things are looking
To your last sentence who knows..
But I hope it doesn't take her 6 months to write the petition and another 6 months for SCOTUS to respond..
We are all so tired of the months and years passing by that it would be nice to get a conclusion sooner rather than later
Based on what AG just said today it sounds like the trust is still alive..
So... Sounds like we just lost the rest of the year..
One thing I don't get is bops portion that she wants.. does she not have escrows.. sounds like we are still fighting over the 1%..
Hopefully it hasn't been stolen from us
I remember this. Rosen was driving the whole court proceeding. You'd think being walraths room, she would have finished off the "well but".. so that it be on record
sure hope our kids get the dollars recovered from escrows, and not actually inherit unpaid escrow shares!
yea don't think any escrow owners wanted to wait ten plus years just so coop could do a 5 or 6 bagger...
No wamu and most of these ones are 'newer'...
Yea.. nothing nothing..
Wow sounds crooked.. if kkr did in fact get dividends from old P's while we've been left in the cold
Hopefully earlier than that.. we've waited over a decade.. If there's something they should have figured it out loong ago
i'd like to believe in these dates and numbers too... but there are too many questions marks as to if any of these will ever come true.
Yea... If they had actually 'pursued' the assets, why would the wmilt conveniently have only a few dollars left to donate
looks like we may get paid soon! hopefully..
You don't mean another 2 years right? Just hoping there will be no more delays..
Didn't the uw get class 19? Maybe they have the same or similar escrows as us. If so, there's gotta be some kind of worth.
as far as I can tell. signing releases has done nothing for us other than the pittance of wmih turned coop shares that we got.. to confirm.. I guess those who didn't or forgot to sign releases (remember they gave us like mere weeks to get them in) didn't even get the wmih shares?
ready, willing, and able, to be used by the DTC sounds great.. but not quite the same as the ESC Cusips were promised return of interest generated and accumulated.. nothing has been written down.. and we really should be entitled to our returns expeditiously.. after decade plus long saga.
I agree. It's not like there's a document somewhere saying coop will pay legacy wamu 1 coop for every old common.. at this point and at minimum we should be paid the interest portion on old preferred escrows, like immediately..
Thanks for your effort. Hopefully your lawyer will pick up the mantle and help us get some answers :)
I hope jmw didn't actually believe f&r would be a bunch of diluted wmih turned coop shares in return for the theft of a 300bil bank. If so then someone should have told us long timer holders long ago hat that's all we are getting
Agreed.. all we got are these coop shares
Yep still unclear to me after a decade plus of this.. what our F&R consists of..as for the fight.. worse yet we've also been blind folded for all these years.
That is the millionaire dollar question at this point, unfortunately I'm not sure anyone on this board knows..
That's what we are all hoping for.. the fair and reasonable recovery that we were promised
Hope it doesn't take another year.. they've had over a decade to figure out how to compensate us.. things if they are meant to go our way, should start flowing soon
Fingers crossed for that HLCE.. let's see our escrows go into action!
Hopefully it's not they 'plan to give back'.. but instead they 'will'.. and imminently so at this point.
The fdic... They screwed us too
Why august now?.. has something been filed
It's been a long struggle. I think most here would take any multiple of PAR for the P's at this point even it there's a 1% taken off them..
Hopefully the preferred will be safe (saved)
Finally.. now we are in completely uncharted waters.. hope we find the promised land soon
Fingers crossed for the HLCE
if they come in. how much will those 'cash catch up' distributions be worth?
now. time value of money. doesn't mean we get back more if they litigate.
hopefully no more blindsides.. although these people like taking these things down to the wire.