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Does it say anywhere WAMU holders get anything from this?
By 2050 most likely this will settle. I have no issue if this settles this year but seems unlikely.
Let's consider Average of AZ's prediction. As 0.065. Today is June 28th and see if any interst of two terms as someone predicted gets distributed.
No body can even answer my simplest one word question:
WHEN?
Yes may be true.
I am not a finance professional. I don't like inaccuracies and cheating involved by institutions or individuals.
Keeping in view what is going on with payments and dates, goal posts have moved from Alaska to Huston. Therefore I sadly say payment likely be on 2050-1-1. This date is least likely to be wrong. As prof. Messier says third war is looming, FDIC WILL GO FREE. NO PEOPLE NO PAYMENT.
Some posters already said some payment could be on 28th June, this is one of manny dates passed last 15 years. This date may be good I wish. Otherwise you always can wait until 1-1-2050. GLTA.
Boris:
It is deadly wrong with us all 15 years waiting and nothing even escrows removed. What is wrong waiting until 2050. I am waiting 15 years already!
Wait until 2050 maybe some recovery.
Who knows.
I watch Sheila B saying on TV, we sold the "whole" bank to JPM for 1.8 B. The "whole" bank. As I understand this means everything. I don't know if there is another meaning to words "Whole bank". Cancelation of escrows indicated Shelia B was correct unfortunately. Rest is speculation from outside.
Looks like most likely shareholders are doomed if this is true, because this indicates there is nothing substantial. Soon 28th June let's see what happens.
What happend to liquidating trust? Did it pursue assets as said in court or it was disbanded before pursuing assets? Anyone who knows. TIA.
I did not find any distribution this morning!
Unless sure it is XXXX = ????
XXXX = ????
No one answers my simple one word question!
WHEN?
How much is the total amount ? If it is 500 M will do nothing. WMI needs least 10 B.
Kicking the can again away from October.
I called about LIBOR litigation office in summer of 2020. I was told that your bank WAMU is not a party to this litigation. I did not believe that and posted on this board as well...seems true unfortunately. As this is closed, can escrow holders get to remain assets now.
What this cash can do to multi trillion dollar economy, even NVDA is 3 T now.
WHEN?
There was lots of Noise LIBOR Settling soon, now no one seems to know about any settlement or approximate date.
I am sure RD never taught business math.
When LIBOR settles, but no one knows that!
Any idea when LIBOR Settles. TIA.
Is there an estimate how much KKR was getting paid per year. At least that money must be there. Any one with figures. TIA.
Your broker knows best about the origion of shares in your account.
JPMC found 30 B in WAMU rubble.
Most important is if we get some $$$$ and when?
Form I filled had only two options to click
Optin
Opt-out.
No shares or cash options.
I got WMIH and COOP Shares.
Only remaing question is when?
My wild guess it is "COOP"
Any idea by what time LIBOR will end? TIA.
LEH investors:
Shouting matches and fighting posts does not help anyone. We need to get our thoughts together to analyze a complex situation. Most people on MB have different backgrounds, this naturally causes divergent opinions. In the end of course some truth will come out. I wish this happens sooner than later.
Hedge funds can wait long time. Not good for individual investors because of limited lifetime.
What is the future date?
CTs can be bought in Canada but very difficult to buy, of course no body will sell at 0.0003$. Moreover brokers put restriction to place day order only. I tried to place order for a week period broker canceled the order and emailed me to place order every day.
We get shares or $$$. I wish 30 days.
This means if accumulated for 5 years this is appox. saving of 375 millions. From P sub. There must be sub for K as well.
Any idea how much they were paying KKR.