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I will sell all of my Ps for $1200 pps. I will accept cash and certified check ONLY. Yo tender offerers... can ya hear me now!!
{:~)
Amazing and I just bought some more!! Yeeeeehaw!!!!!
But what if she does sign the order?? What then?? Will all hell break lose?? Or will it be a nonstarter?? Enquiring minds want to know. The shadow do.
I and probably most everyone else hopes your right.
Nate just stated the obvious. The hedgies are trying to accomplish two things. The first is delay, delay, delay and the second is to find out his sources of info. It really is just more smoke and mirrors like when Rosen wanted to depose the EC.
I and probably everyone here hopes your correct. I am very tired of this horse manuer. After dealing with this for three plus years for me and a lot of lost monies, it is past time to put this puppy to bed. I actually do have a life outside WAMU... thank GOD!!
Don't count your Benjamins yet. There is still a tremendous amount of stuff that can happen and none of it good. These people make the big bucks for excellent reasons.
They may be but not in public. These people don't air their dirty laundry in public unless they have to. Behind closed doors is their way.
Wouldn't that be a shame. Poor JPM being exposed and all. But wait... If found to be true... Wouldn't that mean treble damages???
I do not blieve they are interested in low share volume and price for two reasons #1- they really can't control that much nor do they care to because of #2- the outcome of the negotiations will nullify most if not all of the share price and volume.
It does make you pause and ponder. I agree with you100%. The only thing I worry about is if some of these yahoos will pull an Obama.
Either 1.- We are screwed or 2.- A settlement is at hand and they are dotting the Is and crossing the Ts. I wonder which one it is. I don't think SG would be this quiet if it were 1.nly the lawyers know and noooobody is talking.
I would be awfully surprised if JPM, FDIC etal allow this to go to trial. If SG has the goods on the hedgies and what they know then we can get control of WMI and find out what WGM knows and what they are not telling us. That would be extremely disasterous to JPM etal. There is an old Chinese curse. May you be born in interesting times. When you add the full moon cycle like now then all kinds of stuff can happen. {;~>
What do we know about the latest events.... two hedgies including the biggest wanted their deposition postponement for whatever reason and the EC agreed to it. Also, the only people who know what is going on are the attorneys and they are not telling anybody anything including how to vote and wether or not there is a gag order. It does make one pause to ponder.
Well.... If BS Rosen can get by with his "legal interpretations" then my definition is as good if not better because at least mine says the "Truth!" {;~>
That is when you legally go after some one to get them to publicly answer to questions that you already know the answer to so that you can legally force them to pay you goooobs of money to prevent the truth from coming out because they know that you know that they did wrong and they are hiding the truth! Or in other words to kick some serious booty!
Veeeeeery interesting JoePick! I would like to be a fly on one of those walls. This opens up all kinds of scenerios to be discussed. I know this probably happens all the time... but why??
That is one heck of a gamble. A billion dollars which he already is a billionaire or being Bubba's mistress. Mmmm.
Many strange things have happened with this WAMU BK business. So expect the unexpected so as not to be disappointed if it happens.
{;~)
I could not have said it better myself. Oh yea right I did on 4-17.
And if they don't?
The reason why many purchase the more expensive prefferds is so that a haircut would not be involved in situations like these. We pay more partly for added "guaranteed" security for our investments. The commons are riskier for a reason... they are cheaper and have less "guarntees" particularly in situations like these. Is it morally wrong to feel this way?? Is it financially wrong to feel this way?? and how do you reconcile the two?? I don't know too many people who hold commons who feel this way towards preffered holders unless they hold preffereds. A quandry for sure.
Ilenes-- one word... Directional microphone with recorder. {;>)
It is my impression that he already got the job!!
After decyfering through BR's BS... Can you explain in English the voting terms?? The last time we did this... There was at least a half a dozen or so interpretations with a little help from the EC. It is nice to have a saner more savvy person's imput.
"Oh give me a break"... Time will tell.
Strike-- I like you can't believe that I have been following this for two plus years as well. Mine is personal because my mortgage was with WAMU when Katrina hit. WAMU treated me just exceedingly well. Plus other reasons.
The best "justice" is to hit everyone where it counts the most.... their pocket book!
That waterfall takes care of Ps first in full before commons. Then it is a matter if Ps get more than the $1k pps or as much as $1200 as some have alluded to in previous posts.
If Ps do not get full value then commons get $0 according to what is stated law. I don't believe that will happen if Willingham has his input considered.
We must be in full agreement. The reason why anyone buys Ps is so that we don't have to take a haircut for a lower food chain stock. We pay more therefore we should get more. Willingham knows that this is according to the stated law therefore he must be working extra diligently to get the Us paid.
Not everyone has access to GB. I don't know if you do because I don't know who you are. If not, let me know and I will try to help. If you have access then bugger off. I am trying to help you. Geeeez.
Get the documents from the Ghost Board.
Don't bet on it. She has made ignorant decisions in the past where we thought there was no way she would rule against us.
My question is what was her payoff to be such a weak kneed corrupt judge. She certainly doesn't care about her reputation.
It is "Oh please, you are serious?"
Apparently it is a novel idea based upon past results.
Let's see.... Most everyone has done their job to screw shareholders.... Wait a minute, Susman hasn't done much at all.... Isn't that just as bad??? WHERE IN THE WORLD IS SUSMAN????? I am sincerely hoping he comes to this dance so I can eat crow served cold.
We have to get to Susman to do his frckn job!!
Forward your post to Susman.
With all sincerity, what can we say with a form letter or with any other type of letter that hasn't been said already?? It is now up to the Susman and company law firm. It is OBVIOUS that all of the letters from all of the shareholders don't mean sh!t to this idiotic judge. It is a waste of time, effort, and energy. If you are going to send a letter to anyone... it should be to Susman stating he needs to get his collective head out of his collective arse and to do something besides a token appearance by his lackies. HE WORKS FOR US AND NO ONE ELSE!!