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No, it´s not too much trouble. But i´ll give you just some names now.
"PURCHASE AND ASSUMPTION AGREEMENT
ALL DEPOSITS
AMONG
FEDERAL DEPOSIT INSURANCE CORPORATION,
RECEIVER OF BANK OF BONIFAY,
BONIFAY, FLORIDA
FEDERAL DEPOSIT INSURANCE CORPORATION
and
FIRST FEDERAL BANK OF FLORIDA
DATED AS OF
MAY 7, 2010 "
"PURCHASE AND ASSUMPTION AGREEMENT
WHOLE BANK
ALL DEPOSITS AMONG
FEDERAL DEPOSIT INSURANCE CORPORATION,
RECEIVER OF LYDIAN PRIVATE BANK PALM BEACH,
FLORIDA FEDERAL DEPOSIT INSURANCE
CORPORATION
and
SABADELL UNITED BANK,
N.A. DATED AS OF AUGUST 19, 2011"
Well, that´s the suppressed crux of the matter. Knowing that, Judge Walrath had to vacate her duty as judge in this BK case. It must be assumed that she was and will be informed and involved in all official and inofficial negotiations. If there are these amounts of money, which for sure cannot be generated through the selling of "hardware" or buildings btw, then this bankruptcy case would lose its legitimation and any foundation.
Yes, the most speculations sounds conclusively, but it fits rather for millions.
Meseems someone said all is set in stone.
So actions are redundant.
Progress of paid amounts
Out of interest if a trend of closing of the WMILT procedures is discernible i did set up a little chart for myself. So it´s just for interested people. The important lines here (for me) are the green one and the black line of the trend. The green one includes all important law offices, which are integrated since the very beginning (excluded are offices like Joele Frank, the TAB, Elliott Greenleaf, Blackstone, etc.).
A significance is shown through the decreasing of the paid amounts one year ago. So i hope it "announces" an "ending" of the procedures. But one should wait for the next filing.
Yes, did forget that Hawaii belongs to the States. I have no clue regarding WMIIC. I'm looking for some information about what a guarantor means just right now.
Maybe the guarantor has to be located in the US, not Hawaii. Just guessing.
Loss Rate Information by Regulator
Question, does anyone remember in what a document the Table 10 excerpt (see link below) was stated ? It was a quote of govinsider by me in a german board. I would need the link.
Thanks
http://www.ariva.de/forum/Wamu-WKN-893906-News-364286?page=6809#jumppos170237
Exactly. And I´m the second retailer...
I sell for $0.90 / Escrow...
Yes, i know, two different numbers. So the authorized number could be higher than the 1,7bln outstanding shares.
Got you. Was my bumbling translation...
Outstanding shares. Therefore authorized. It doesn´t work conversely.
WSJ - Trading Halted on NYSE
U.S. stocks fall following a tumble in Chinese markets
http://www.wsj.com/articles/u-s-stock-futures-fall-on-china-worries-1436358136
Sad but true.
Thank you for an objective post.
Ridiculous. Did you read the facts in the said Exhibit Z, or rather did you read ever a document?
No one need an agenda to say what these SFR loans are maybe worth.
269 x $200.000,00 = 53.8 million $ (max. up to 80 - 100mio $ i think; + the costumer loans)
The next big date is possibly a point in time when the shareprice will drop in a range of 1.75 - 2.00 $. Then you must add at least 20 days as a timeframe for building an average shareprice for conversion. What you get is your next big date. (no sarcasm)
Reply from REUTERS
I took the easy way and wrote to Reuters regarding the JPMC-article from July. My question was why was the article published at this point of time and if JPMC came out with an information regarding the $30bln in mortgages.
Here is the reply from Pete from today, a colleague of David Henry (author). I leave it for new speculations...
Yes. From November to December.
LG, i´m not be able to do so, because i have no more access to any filings which could state the buying or selling of investors. Btw. i didn´t follow the process about Wahuq then because i didn´t ever buy some. My opinion is just based on technical indicators and the chart.
BUT, when certain people knew what was coming one should see an "initial volume" for selling. That means nearly all indicators (because some indicators have an "inertia torque" and one can see a tendency of the price only in near future) would went negative at this moment or around. So what you see here is a positive trend. That means on the other hand a buying trend, not that much, but more people wanted to go in instead to throw shares.
I don´t deny the IT, but i don´t see a "big sign".
LG, incorrect. Look at the WAHUQ Chart again.
I assume you are able to construe a Technical Indicator. If not, i would explain it for you.
With this link you will see your predicted timeframe of WAHUQ-trading from September ´11 until March ´12.
Look at the MACD,
Look at the SMA,
Look at the volume (which volume btw...)
the RSI,
and most important the chart.
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1436155167197&chddm=58118&chls=IntervalBasedLine&q=OTCMKTS:WAHUQ&&fct=big&ei=mPqZVaD6NYmHsgHZ7qbwBA
ALL INDICATORS WENTS POSITIVE SINCE NOVEMBER 2011! THERE WAS NEVER EVER YOUR BIG SELLING ! AU CONTRAIRE !
Period. THX
"The target"!
Boris, LG - Please explain the phrasing for stupid laymans here, me too. Please..., make an effort. I´m serious, this time.
So your opinion is, that WMILT is for all involved investors, including WMIHC, the actual target. That sounds that the investment strategy is based on...i still don´t understand... the monetary revenues through WMILT by selling assets, or buying assets from WMILT and then...? Selling again? Selling for more profit?
Well, a merger with the Trust is not possible - see my last post as i quoted B. Rosens reply. But where is the sense to buy assets - yet before a merger is done?? You know on what the Serie-B is bound? With that instrument no money can be generated for the purpose of buying assets. What remains? The 3.5bln common shares (authorized or intended? i don´t know). So, do you say a portion of it will be transferred to Esc-accounts on exchange for WMILT assets? Is that your way how it should work?
The Crux - how can we know if WMI Holdings pays - and most of all KKR, CITI and Hedge Funds - a fair price then ? There is no reason to do so...
In short: a high/fair asset price - many WMIH shares, a low asset price ... well. I´m wondering...
Email by Brian Rosen on the WMILT-Target matter...
Got this mail back some minutes before. Maybe something is clearer right now ?
Mad, a merger makes no sense.
I recommend you to read the LIQUIDATING TRUST AGREEMENT.
It speaks for itself. A merger, acquistion, or whatever, with WMIH and the Trust practically makes no sense and should be juridically non-regular, generally.
They may have got 516,060,424 esc/markers by holding of WAMUQs.
Arquitos Capital report on valuewalk about High-NOLs-companies and a bit WMIH from 06/12/2015. At least an interesting read for lunch time.
http://www.valuewalk.com/2015/06/how-arquitos-capital-management-think-about-nols/
Next try -
Your manner of answering such questions is needless.
are you saying the institutional holders bought the Series-B - where is clearly stated in filings that these preferreds are issued for a conversion at the moment of an acquisition btw - not knowing that it weren´t provided for acquisitions? Is that right?
LG, again a fallacy... or in other words, are you saying the institutional holders bought the Series-B - where is clearly stated in filings that these preferreds are issued for a conversion at the moment of an acquisition btw - not knowing that it weren´t provided for acquisitions? Is that right?
Guides to Mergers and Acquisitions -
FAQ
Some helpful infos about M&A´s. Read it and calm down.
http://learn.westlawbusiness.com/summerassociates/ITK/IntroMA.pdf
http://www.google.de/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCgQFjAAahUKEwitqPKZyorGAhXqFNsKHcsKAL4&url=http%3A%2F%2Fwww.exinfm.com%2Ftraining%2Fcourse07-1.doc&ei=Vgl7Va2lIOqp7AbLlYDwCw&usg=AFQjCNH-1wMlIzjiSRTdJb0-mUnkUcuxPg&bvm=bv.95515949,d.bGg
http://www.protiviti.com/en-US/Documents/Resource-Guides/Guide-to-Mergers-Acquisitions-FAQs-Protiviti.pdf
Btw, a comment,
- KKR was brought in by end of 2013 / early in 2014,
- a timeframe for a M&A needs approx. 9-12 months to be completed (prerequisite is you found -THE- target(s) (of maybe hundreds...))
- well, let´s say KKR intervenes in the DD process early in 2014 so that they found that summer one or some targets more, which were accepted by all parties
- then, the specific M&A process was started
- so, for this timeframe up to 12 months this summer, i guess by July, the M&A process(es) should be finished
...waiting for the 8-K´s.
Correct, claw. ...We talk about 2,5 months.
No more, no less...
Btw, Colonial Bank - Does anyone know what happened or happens to common shares ? I´m a postholder and have got some shares in my account.
Thank you.
Ehh...??
Interesting. Thank you.
W3...Seriously, do you expect an email back or is this just to bring pressure to bear on them? In the former case, your question is simply not answerable in practical terms.
Maybe it´s better you organize something like an official "The-Email-Day", for example every Sunday, so that these guys have at least to clean up their mailboxes for one hour on Monday morning. But that works at most two times before you (and participants) will be marked as spam...
VICE Report - Eric Mains vs. FDIC
Latest status of his case. A Must-Read.
http://www.vice.com/read/this-former-bank-regulator-quit-his-job-to-fight-for-his-house-518
Well... i´m postholder and did invest then in an insolvent corporation, deliberately. So, i have to accept any outcome.
The tort towards preholders is an other story...
Good day, Sir.
Then go and sue them. What is your problem...
Let´s wait for the next "100s fusillades". I´m not sure if 2.86 will hold then. The MM´s are hustling since monday morning, both ways...
Example: Indy Mac, Pacific Western ,...
I remember i did some DD regarding P&AAs last year and checked some against each other. Generally it´s a FDIC pattern-document. The text-structure is nearly always the same, and so the -DEFINITIONS- too. You will find in the PAA of Indy MAC the same definition of "Assets" (and others) like in WaMu´s PAA.
See: https://www.fdic.gov/bank/individual/failed/IndyMac_P_and_A.pdf
or Pacific Western : https://www.fdic.gov/bank/individual/failed/affinity-ca_p_and_a.pdf
I think the answer to the question why there aren´t defined "Assets" of the subs is more easier - to say "i purchase a bank with its assets and subs" is more unbureaucratically than to state all the to purchasing subs, and maybe the subs of subs and so on.