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.
I would think any announcement would have to be at the opening or later so as not to give foriegn markets an advantage over the US market.
Thank you for your email. The documents do not permit or contemplate a merger transaction. (((((((((((However, the Trust documents do permit THE TRUST to SELL ITS ASSETS for purposes of liquidation and distribution of the proceeds thereof to holders of the Trust’s beneficial interests.)))))))))))))))))))))
To me he is saying that WMIH and the LT can not do a merger but the LTI can sell it's assets to anybody including WMIH.
I have forgotten the exact wording of the rule that came into effect today about institutions causing harm to failed banks can't buy assets of the failed bank.
Has anyone who is all in thought about what they will do when this stock becomes margin-able, anyone going to buy on the margin?
You would probably feel very different if they represented your adversary on a personal level.
I'm asking for BK's advice not yours.
BK if I have a chance to sell my WAMUQ escrow for 5 cents each should I take it.
Is there any way to check your balance at WMILT other than the quarterly statement?
They are but actors upon the stage in paint and costume they do parade, scripted and well-rehearsed doing the bidding of the puppet masters. We only need to know who the puller of the strings is.
They are following a script written a long time ago.
Now before you scoff at this scenario I laid out, here is what it equates to:
Old Q’s = $.54
Old P’s = $297.50
Old K’s = $7.97
Do the math, you might be surprised.
If and a strong “ if”, Since WMIH has 2.9 billion shares available to exchange for escrow shares when Assets are returned from FDIC-R, the maximum return of non-liquid asset would max out at 36 billion which would require a 40% discount of the assets from FDIC-R by WMIH and an exchange price of $7.50 or higher. I am only trying to figure out how much WMIH can cover. Cash returns are a completely different.
"Their baccckk" but it could mean they had to change some of the programs for escrows.
It could not be maintenance if all of the site works normal except the account balance. For some reason only the account balances are unavailable.
Bban do you use Scottrade? My Scottrade account balances have all dissapeared and it says temporrarily unavailable. All the other buttons work so it's not down for maintenance and I haven't traded in over a week. If anyone has Scottrade check and report back please.
And what were they referring to WMB which had limited funds this was a way of Susman's crew saying look a little deeper people we can only talk about WMB and there is a WMI out there.
A person is on trial for murder, the judge in chambers tells all parties that the defendants prior conviction of murder has no bearing on this case and will not be introduced in court. So the trial resumes and the defendants prior conviction is overlooked and if anyone’s argument is leading into what the judge deems unrelated to this trial he/she will shut it down as irrelevant. (Didn’t Judge Walrath do this on numerous occasions).
My point is, just because it could not be introduced in BK court, does that mean that it does not exist, meaning assets outside of BK court and a conviction outside of a murder trial.
Why would JPM buy OCWEN servicing rights, JMHO is that they are losing the WMIH servicing rights and they have all these talented people on the payroll and servicing right were making them a good profit.
Are you referring to assets within the BK as this is all that could be made public and talked about in a BK court, until the FDIC informs them officially of any out of BK assets. You really don't have much of an education into how BK operates.
And just who do you think is in charge of the litigation Trust? Susman or Willingham.
Who told you Susman can sue anybody on his own, he only does what the trust tells him to do. Please pay attention.
Let me butt in here, there won't be any left overs as all will be split approx 75/25 to infinity. Live long and prosper.
And why is it only JPMC is making this announcement, wouldn't other large banks be doing the same thing if it was across the board prudent.
That figure keeps rattling in my head too. Especially with the Judge using that amount.
How could you convert an uncapped P or K to a newco capped?
FDIC deposit?
That is above my pay grade as there is not a paper trail we have access to.
If FDIC screwed up by taking down WAMU and there is considerable value to be returned to Escrow holders, wouldn't it make sense that those involved would like this to be settled under the radar? So we are being told to shut up and go away, you get nothing now or ever.
BECAUSE THESE FIGURES WERE OFF BALANCE, POOLED AND ACCOUNTED FOR SEPARATELY AND MADE PUBLIC 6 YEARS AFTER THE FACT. ABOVE THAT ALL FORMER WAMU SUBS THAT WERE AT JPM FROM 2008 TO 2013 DISAPPEARED IN THE JPM 2014 10K.
Riddle me this: If JPMC bought the whole bank then all the cash on hand and the cash raised from mortgage liquidation would belong to to JPMC and would have been moved to their current balance sheet (Not the off balance sheet). Since JPMC carries these cash and remaining mortgages on their off balance sheet they must belong to someone else, but who.
EDIT: Also if the mortgages had been bundled and sold by WAMU wouldn't the buyers be screaming for their interest to be paid and therefor an entry would be recorded when JPMC paid the interest (if JPMC owned all the off balance assests)>
It's called "Sacrifice the few for the good of the many".
Rules that were made by man can be changed by man.
What if at some time in the future Escrow markers could be sold?
You can own shares and still sell short, use shares you own to block uptrend losses and buy back at a lower price if possible. You protect against losses, accomplish price control and possibly make a profit.
IF CDEL showed up with 1987K as owner and used them to block PPS increase, then there would not be a need for short sales.
Shawnee Okie says Merry Christmas and a prosperous 2015.
I doubt there is many novice investors who has escrow markers.
Mr Penny how long did it take?
That not what court approved.
It was in some correspondence from
kosturos I believe, but I believe you can get these # from KCC or whatever their name is.
And who put the cap on k's?