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Oh my I agree with meat and bob.
Now this is getting scary! We have more common sense than the average bear.
My next goal is to get hotmeat on our side of escrows! LOL
Yep, everything is Trump's fault.
All we need is warm weather to end the flu season. Then they will be blaming Trump for global warming.
Such idiots.
Trump approval today 48 on Rasmussen.
Higher than Obama's at this time.
Dimon and Obama are best friends.
Guess you didn't know that huh? Walrath reported to Holder. Guess you didn't know that huh?
Thick as thieves.
So many uninformed people out there....
Yes lodas, it is a pity play now.
Ohhhh poor Dimon. How could Shiela and Paulson ever harm him now with his fight against cancer and heart disease? Why, that would be cruel. Who cares about the thousands of shareholders and employees who were fleeced by their evil deeds that dark Thursday night....all those who lost everything. Their savings, homes, jobs, families, health, and even the loss of lives from this evil stressful deed.
They have no conscience. It was legalized robbery. And 12 years later, we still suffer.
May the evil doers rot in hell.
Lodas, yes, only pay attention to those who produce meaningful discourse. I ignore many.
I think the FDIC funds held back will take time because they are so corrupt. They will delay until after elections hoping a Biden administration will allow this all to be swept under the rug forever. That is Dimons hope too.
The good news is there are other bags of money. The hedgies may not be able to crowbar the FDIC, but they have leverage on the rest.
What a tangled web! Keep the faith. I like our odds.
Mona, my biggest concern is corruption of the banks, gov, courts, and FDIC.
A finance friend has connections into the FDIC and says it is the most corrupt gov related group out there. That is most disturbing.
However, facts are facts and the numbers don't lie. I am confident escrows will get paid. How and when is anyone's guess. It could start in drips and drabs. The lawyers are preparing their cases. Count on it.
I can't imagine the HFs are forgetting about their escrows.
I'd bet there is activity behind the scenes as we speak.
100B this year.
Oil after hours 34.85 USD 4.61 (15.24%) 05:00:48 PM EDT MI
I will ride oil up for awhile and buy more COOP with the gains.
Temo you can short USO and I will go long and we will see what our portfolios look like in July. :)
Iran and Russia cannot survive with oil this low. I expect they will do something malicious soon to make oil soar.
Oil back to $50 by summer.
Buying more USO. Easy money.
COOP will rebound but for now going with oil.
Oil stocks are a gift now.
3 million Ps.
Monica and vodka.
Bonderman has 850,000 Ps.
Tepper has 800,000 Ps.
This is right off the docs so I wish people would get this straight for once!
I'd have to go back to search on their common holdings but I know I am accurate on their Ps.
Vodka, yes I feel Ps will get multiple par due to performance for all these years. At least $3000 per P.
I wont get into the 75 25 debate. I think AZ is right though because generally the commons get the estate in bk settlements. Dmdmd and bop feel 75 25 to the end. I have my doubts.
I will do cartwheels to get 3000 for my Ps though.
Let's hope justice is served, but knowing how corrupt the courts, banks, and gov are now I am very concerned.
Trump and his administration have their hands full now, but I am also sure they would love to see our payout to boost the economy.
Thanks friends. Keep the faith.
Monica, no, Bonderman is invested to the tune of about $4B originally.
Past calculations show he needs escrows to be paid about $30B for him to recoup his $4B deposit investment, interest, opportunity cost, etc.
When I get time I will dig into the numbers again. Been awhile.
Bonderman owns 850,000 Ps. Not sure of his common escrow holdings. I'd have to go back.
Send more money bob. She misses you.
"Mr Simpson" et al begged for Alice money from us all through Jay's PayPal fund set up for Alice of the Palace.
Then when her case went south so did Simpson. Vamoose. Gonzo. Scam central.
And yes had she been successful the 3 mill would have gone to her coffers.
Sure go ahead sheep. Send her more money. Why not?
A sucker born every minute, eh bob?
AZ has never asked for money.
AZ, the griffin crew is blinded.
Yep, they keep throwing tons of cash at her and praising her self centered interest to scam 3 million from the estate....delay delay.
Her followers are like Jim Jones koolade drinkers.
Mr Bonderman needs 30B to come back just to break even.
Dimon can save face with his shareholders by giving back that 30B he bragged about finding. A win win. And 30B would be a nice start for us all.
Temo, no no.
FDIC just runs part of this show. If that part takes a couple more years who cares!
Money is coming from multiple sources.
Relax and make yourself some popcorn. As AZ and ron have said, we are fine.
And while dmdmd assessment of 900B is realistic, it may not come to fruition because of the evil corrupt forces we are up against. But surely 100B is doable and I think most of us would be happy with that.
I agree lodas. This stock is being manipulated for sure.
The hedgies must be sitting back laughing at the MM action.
We are very close to an event. Corona will settle down soon and then COOP will erupt.
Great buy opportunities here.
Back up the truck.
The hedgies aren't willing to wait any longer. They steer this ship and own 70% of it.
Oh, we WILL get paid.
But they will still find a way to walk away with billions for themselves.
Remember, silence of the lambs.
He has kicked thousands of people when they were down. I have no pity for this evil monster, sorry. He and his buddies in the FDIC and the courts stole billions, ruined the lives of the WAMU employees and their families, many of whom got sick, died, lost their homes and families....and I'm not supposed to feel bitter about that? Not to mention the extra bonus of $30B he bragged about finding and walked away with scott free.
Let him rot in hell. I've had enough.
Dimon will be sent to hell if we dont get paid soon.
He and the corrupt Fdic have destroyed many lives and families, and karma is starting to come into play.
I agree with dmdmd estimates though 900B isn't very likely considering how corrupt this has become.
100B is quite doable, with 20-30B the first salvo imo.
Karma.
Too many popups and spams lately from this site. What a pain. Thinking of permanent departure. Too annoying lately.
Anyone else been getting spam screens on this page lately saying it is from Google and Verizon. Asks to click to win something?
Like this....
Congratulations! You are one of the 100 users we have selected. You could receive an Apple iPhone XS, Samsung Galaxy S10, Walmart $1000 Gift Card, Visa $1000 Gift Card or 3 years of free membership to Netflix.
All you have to do to qualify is answer the following 9 questions.
57 cent reversal today. Nice.
Let's see if this begins the expected run.
Grossly undervalued stock, but like lodas, I've been loading up the truck.
I would gladly buy your Qs.
Only problem is, they are not sell-able. That's been discussed at least a thousand times here. So why bring it up?
I would also love to be wrong but
Thank you. You raised my spirits today. Best laugh of the day.
How did WMIH get the loan to buy NSM?
Anyone? How does a bankrupt shell company procure those kinds of funds?
And how does a puny company like COOP board over $600B?
Serious answers only.
I'll give you one, and it's spelled A S S E T S.
That is all.
Great post ron. These people have no scruples. They got their big bonuses and laughed all the way to the bank. The board of directors was a farce, set up explicitly to milk as many stock options for themselves as possible. And Walrath and Rosen allowed it to happen.
But it is coming to a head now that the bk is done.
The silence of the lambs (hedgies) will end soon. They have investors to settle with now.
Haha! 8 dollars?
Dont quit your dayjob. Youd never make it as a daytrader!
The green flag has been discussed here before with regard to Computershare.
Look it up.
There is $30B ready to be distributed now by Computershare. That money is ripe.
I think $30B will make everyone feel much better until the rest can flow.
Mona, thanks. It's easy to say we escrowers have gotten no money. An easy point to bash on.
It's like saying it will never rain because there's been a long dry spell, then suddenly it rains, and the dry theory is debunked.
When escrows get paid we will have the last laugh whilst we sit on the beach with an umbrella drink.
Money is coming, rest assured.
FDIC states legal action delays, but it easily could have said there will be zero money coming back. They did not.
Why? Because there is indeed money under their jurisdiction. That's why.
So before the FDIC can release those funds they have to see the pending actions resolved, which will happen quickly now. No one wants this held up. Relax.
There is also other money from other avenues as you all should know by now. A lot of it.
Yes tony t, maybe JPM needs to release assets for cash to pay us for the bank.
"In a cash crunch, banks can pledge collateral to the Fed in return for cash."
I bet the hedgies are putting heat on JPM behind the scenes to pay them off, and us a long with them.
JPM thought they would get away with all the loot for $1.88B, and they would have had Hillary won. But, surprise!!!
Now they have to pay the piper, or face the wrath of the hedgies who are tired of waiting and want their money. That $30B that Dimon bragged about finding would be a start.