Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
DockKB, re my contacts:
No I have not gotten any info back on anything, yet. And I do not expect to. Telling me anything would be material. That is of course not going to happen.
I do know that this is being looked into at high levels as we speak. We all, including me, have to wait to see if we get a favorable outcome. I like our chances. Watch your accounts.
We are up against grave corruption. The banks, FDIC, FED, lawyers, courts, and all involved are crooked as the day is long. We just have to trust in the process. That's all we've got at this point.
Keep your chin up. I think our chances are good. Despite what others say.
LP, no good lawyer will touch this for less than 100k.
It would be a HUGE undertaking to go back and review this entire case, filings, and documents. 100k is optimistic.
The only way lawyers would touch this is if they are given a class action, in which case they will make all the money. I've been through this. You'll be lucky to get a check for 100 bucks after all is said and done with a class action.
At this point we need to rely on the process, the trustees, hedgies, and yes, even the denying Walrath.
Lucky, re legal actions...
Puleeeze. Look people. What do you plan to accomplish with no money to litigate, a class action? Ridiculous notion. Yeah sure, after waiting 12 friggin years for this to pay out, let's give the lawyers all the money with a stupid move like a class action! Brilliant! What could possibly go wrong with that???
I know how hard this all is. Waiting has been futile and horrible. But wait is all we can do. Do you think the hedge funds will bring a class action? Ha! They will play this out like the pros that they are. Remember, they get 70%, we get 30%. They aren't out to screw us. They just want their 70%. And they will get it. When it is ripe.
And it almost is. I have more to say but won't. Please relax for now and enjoy your stimulus money. Let's hope we get hyper-stimulated. Soon.
Note: There is zero connection between WAMU and WaFd bank.
No sense spending any thought energy on it.
Crickets, as expected.
New flow, I'm talking escrows.
I dumped my Coop long ago. Oil is an easy double for the patient.
Do you think the hedgies will walk away from this?
No way. Talks going on behind the scenes.
I say we get a nice surprise this year. Things are happening........
Mona, class actions are a last resort!
Why? Because the lawyers will make all the money and we would be lucky to get a penny on the dollar. Please people, watch what you wish for.
The administration is looking into this now so let's see what they uncover first!
What better time to slide us a few billion?
And let's face it, while a few billion isn't much it would make many here happy just to get some money. Then the rest can come down the road when this crisis settles down.
I say a few billion now is a no brainer. If there are people holding this up for nefarious reasons, and this is being looked at as I know it is now, they don't want to be scrutinized and do jail time. They will release some funds to calm people down and prevent class actions, which are no doubt looming.
I like our chances.
Tepper stated publicly Jan-Apr.
Then all hell broke loose, so nothing was ever stated about his closing out on those investments.
I am sure he, Savitz, Bonderman, and all those that have billions coming are even more pissed than we are.
No one knows anything about escrow payout with what's going on now.
Many of us have done extensive DD and I am convinced we will get paid. How much and when is conjecture.
I am confident that something good is coming because I know for a fact this is being looked into now.
I don't care what you subscribe to.
Ever notice Mr Tepper didn't pay his investors as promised?
Well, all part of this. We will get paid and so will the hedgies. We may get news soon, by summer or fall at latest. Patience is tough now but you must find it.
Oh ye of little faith.
It looks very grim now, but this too shall pass. And yes, we will get paid. Something. Don't know how much. The FED is pumping out money like water and we will be taken care of one way or another.
This is being looked at. Trust me. Or don't.
Nhtrader. I wish I could say more too.
I hope we all get some good news soon. We all need it.
The hedgies got lazy and complacent.
Instead of getting aggressive and unleashing legal holy hell, they sat back. Bad move.
Or only hope now is for the administration to get involved. As I've said, I know that is happening. They have their hands full now of course, but they have the staff to look into it. Billions being injected into the economy is a BFD.
I hope to hear something more in the coming weeks.
I will try to let you know if I hear something because I know how tough times are for everyone.
Please believe me when I say this is being looked into.
AG our savior? LOL Too funny.
Look, that ship has sailed. Send her money at your own peril.
We will be fine. The crisis has no doubt delayed things but again, I know what I know. Nuff said.
Read: extremely important escrow news.
First of all, thank you to all the warriors on this board who have spent inordinate time and effort doing great DD. People like AZ, ron, newflow, LG and many others should be commended. It's been an awfully hard 12 years for us all.
Now, I may have good news on the escrow front. You can believe this or not, I don't care. I thought it was something you should know so I decided to post this, though initially I was not going to. If someone wishes to post this on bp, they may want to know this over there as well.
I cannot and will not get into specifics for various reasons, but trust me that this is true information.
I have had contact with the administration regarding the WAMU fiasco and escrow non payment. Please know that this is being looked into at the highest levels. I do not know what they will find, and I can't say if we will get paid. I do know they are digging into it. If there are nefarious activities holding back any payment, those involved will be found out now.
Please just know that this contact is at the highest levels. We may get nothing. But then again, as many of us feel, this could be the beginning of the great unveiling. I feel good about our chances.
I cannot say any more, so please don't ask. I've said a lot already.
If you listen to the Huff Post I have some swamp land in Florida I'd like to sell you.
The wait has weighed on us all.
I am also encouraged that Tepper promised to pay billions to his investors and yet that has not occurred at least publicly.
So no doubt those investors are pissed like the rest of us. But the crisis has delayed things at least till Easter as many are now surmising.
Thanks AZ.
Trump announcement was on Hannity.
Trump said big FDA announcement tomorrow at 11am.
He seemed pretty excited about it tonight so they may have drug activity on corona. If so this market will fly.
We shall see.
Great buys lodas. Think longer term.
I believe that oil is an easy double from here. Could be a month could be 6 months. But a 100% gain is worth waiting for. It will happen.
People need to stop panicking and start thinking longer term. This virus will pass, as they all have. Then this market will rocket back where it was before, and more. What a great time to buy stocks.
Oil is up 14% tonight.
Wonder what's up? An OPEC meeting? Seems odd with the DOW futures down.
Oil is a long term play but it could take off any time.
Yes ron, Doreen and Chad must distribute this.
We know that money is there. I would expect Bonderman, Tepper, and the boys are working feverishly behind the scenes to wrap this up.
Tepper stated that Jan- Apr he would pay off his investors, yet nothing was done. Why? Because it is still being work out. It must happen or there will be a bevy of lawsuits, very soon.
Bop is saying 10x for Ps. Not sure if and when that might happen, but the 2-3x is a no brainer. Now is the time. We will not wait any longer or the suits will begin.
Hang in there friends.
We are all in this together. Put your animosity aside.
FED releasing $700B. Hmmmmmmmm.
It may not have anything to do with escrows, but....it would be a convenient avenue for disbursement under the radar.
I say it's a long shot but a shot nonetheless.
My neighbor bought so much toilet paper that now he needs to buy a bigger house. People have lost their minds!
This was bio warfare by China.
Clearly this was engineered and released to collapse our booming economy to try to get rid of Trump in Nov.
So obvious.
Dream on. Hearns said several years.
I still think we may get paid someday, but I won't hold my breath. The forces of evil have the upper hand now, lead by Dimon and his Obama deep state buddies.
The big boys will short this market till the last person dies of corona. Then they will go long.
The game is rigged folks.
Ha! You're funny.
The hedgies sat back for too long.
They allowed this delay to happen and now they too are screwed. They shouldve gone on legal offensive as soon as the bk closed. Makes you wonder why they didn't. Were they paid off behind the scenes? Now I wonder.
They will never pay escrows now.
The evil doers have won the battle for now. No one will be able to force them to pay. Their strategy of delay has paid off. They won. For now. Rotten SOBs.
Walrath, Rosen, Dimon, Hearns, Bair, rot in hell.
Trump will get oil into the 40s or 50s soon.
No doubt he is reading the riot act to the Saudis (and Putin) to cut production or we pull out our troops and let Iran march in.
I say he made 2 big phone calls this weekend. Watch for price to follow.
Trump will get oil into the 40s or 50s soon.
No doubt he is reading the riot act to the Saudis (and Putin) to cut production or we pull out our troops and let Iran march in.
I say he made 2 big phone calls this weekend. Watch for price to follow.
Great time to buy or refinance.
Now to get them to pay our escrows. The hedge funds want to be paid. Looking for news soon. Or else lawsuits will hit the FDIC, FED, and JPM like a ton of bricks.
Sharpton, Jackson, Rangel all owe millions in back taxes and get away with it.
Buffett owes the IRS $1B in back taxes and stalls payment with his lawyers.
Any one of us would've been in jail long ago.