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My prayer and my condolences to his family
Nothing coming to escrow without legal force
It's hard to tell who is who .but we have been drugged for years by false Hope's in way we always waiting another day another month another year and so on ..its games...
At the end of 2023
My question. What else in front of us before we can receive any thing for escrow any event? any waiting period?anyone?
Think about it for minute try to find a peace with this case find a peace with the out come 75/25 or not this year or not this poster or that. gave it try if you can't..yes you can
the underwriters has his owns guidelines that has to follows the stock must be with capped or with specific guaranteed values {preferred} not the high risk high reward {commons } The main difference between preferred and common stock is that preferred stock gives no voting rights to shareholders while common stock does.
Preferred shareholders have priority over a company's income, meaning they are paid dividends before common shareholders.
Common stockholders are last in line when it comes to company assets, which means they will be paid out after creditors, bondholders, and preferred shareholders.
after all. you never know how/when things will end hot meat could be right
Bingoooo this a case of money laundry with many involved from powerful legal &financial entities to posters ..hotmeat is right
How is that Lawyer getting paid??
After many years of reading the posts I see similarity of (shutter island) movie
Thanks as for sharing your dd ..the questions and the concerns that many have always will be there until see it In our accounts and you know those questions/concerns. Like when?and how much? What guidelines force them to pay if any?what the maximum they can get away with in $$ and in time delay without being in any none complying and many more ..wish you and everyone peace guiednss and blessed life
He wasn't attacking anyone views he just sharing his due diligence...lol
For many years we two sides with two different view on where most of the money in preferred vs common now .bill 48 gave a 3rd possiblity..lol
AZ respectfully coop is not doing well at all if you go back on the day we receive first Distribution of shares was around $3 and with RS 12 to 1 iam sure you can do the number so in reality from year 2012to year 2020 we didn't gain any thing actually we went down sorry but numbers is clear to me .still thank for all your dd
Now you sound like large green and AZ lolll
Thank you AZ for your ongoing discussion and sharing your thoughts and put up with all questions..hope we know something on or before 03/21/2021..but the way things done there always Doubts
potential recoveries arising from the( LIBOR litigations) = (accumulated interest) I believe that where where our recovery come from and it should be done before 03/21/2021 all just in my opinion
.... When do you expect to dissolve the Trust?
Absent the initiation of any post-case closure litigation, the Trust’s Administrators expect
to dissolve the Trust no later than March 2021.
6. What will be done with any cash held by the Trust immediately prior to dissolution?
Consistent with the Amended and Restated Trust Agreement and Plan, cash, if any,
remaining on the Trust’s balance sheet immediately prior to dissolution will be donated to one or
more eligible charitable organizations. For these purposes an “eligible charitable organization” is
one that, among other requirements, satisfies Section 501(c)(3) of the Internal Revenue Code, as
amended.
7. What are Escrow CUSIPs? Are they still issued and outstanding?
As contemplated by the Plan, Escrow CUSIPs (the “Escrow CUSIPs”) were issued by the
Trust on the Effective Date to eligible former shareholders of WMI. Eligible former
shareholders are those who timely submitted relevant documentation, including the release
required under Section 41.6 of the Plan. Escrow CUSIPs were issued solely to facilitate potentia.............................................. ....What are the Trust’s Assets now?
Following the Final Distribution, the Trust’s assets consist almost entirely of cash.
Specifically, as at February 29, 2020, the Trust held approximately $6.1 million of cash. Such
cash will be used by the Trust Administrators to wind-down the Trust’s operations and to fund
any post-case closure litigation expenses that may arise prior to the Trust being dissolved in
accordance with Delaware law.
In addition, the Trust has filed proofs of claim in the so-called(((( LIBOR litigations))) and may
realize what the Trust administrators expect to be an immaterial recovery from those proceedings
upon resolution thereof; however, there can be no assurances that the Trust will, in fact, realize
any such recovery (or recoveries) on account of such litigation and, if so, the amount thereof. On
the basis of the foregoing, at this time, the Trust has not recorded on its financial statements any
asset or value attributable to any such recovery. Additional information will be disclosed as and
when it is available.
and that tells us that we done 8 years ago lollllll
So in the light of the new vision on P where old Us stand?
and to your point maybe .since WMI = WMIH now ..coop ..is eligible to the interest earning income produced by assets that belonged to WMI.
WMI = WMIH now ..coop.. own the 2.5% (only) assets that produce interest income and just maybe Getting Paid with Coupon to all coop shareholders represent/reflect the 2.5% only in that case you must own coop shares to be eligible for coupon which eligible to all coop shareholders only ...just maybe
Add to that Nate Thompson who start all of that went so quietly. CBA09 A professional in the financial Legal business Mysteriously disappeared from on here....
From day one I know there is something wrong going on the way that we been Isolated silent with False hopes Until reality hits and it is too late to do anything we lost End of story
If that the case for old ..Ps..so is that mean old ..Us..will have the Similar scenario??
so the ESC Cusips DTC issued marker totally (DONE )and become worthless on 03/19/2012 right after the Received shares in the 03/19/2012 had been done back then ....so 8 years and half millions of posts by all the so called expertise comes down to. ((hey by the way we had been done on 03/19/2012 so what you have is what you will ever get )) see ya lollll
The Question ?. What Exactly Did we receive for our "Class Specific" WMI Plan 7 Release' Submitted per 41.6 ??? .we Received shares in the 03/19/2012 reorganized new company, . WMI Holdings ((COOP shares)) ((((PLUS)))) .. A Class Specific DTC "Election Account", verified by ESC Cusips DTC issued (((That Is Where the accumulated returns will be calculated from that is my understanding ....and yes there is EVIL out there but iam not too worry about it .. not at all
If that the case that's mean we totally done in 2012 ??and escrow markers no longer mean anything??so it's what we got hhhhhhh sad
AZ if I understand you correctly there is slightly two different recipients ..group 1)ALL coop shareholders will receive COUPON” around the 5% Plus whatever dilution correction.... group 2) escrow shareholder (ONLY)will receive accumulated interest Roughly( 51 quarters @ $0.38 for each quarter)
Dec 25, 2020 at 7:00AM the motley fool ..Bram Berkowitz . . During the Great Recession from 2007 to 2009, because so many banks were on the verge of legitimately failing, buyers were able to acquire banks at huge discounts. PNC purchased National City Corp. for $7 billion less than tangible book value, while JPMorgan Chase purchased Washington Mutual, a $300 billion asset bank, for just $1.9 billion. Today, however, banks are much better capitalized and so far have shown much better underwriting standards on loans. There have't been many bank failures so far during the pandemic, so don't expect to see too many discounted deals like in the Great Recession.
CIT Group, the cheapest of the three acquired banks, traded at just about 40% of tangible book value prior to the acquisition, and ended up selling for an implied value of about 43% of tangible book value. That's a crazy discount, which is likely why First Citizens was able to realize so much tangible book value accretion from the deal. But PNC bought the U.S. operations of BBVA, which had struggled in the past, for an implied value of 134% of tangible book value, and Huntington bought TCF for 150% of tangible book value. According to S&P Global, the median premium to tangible book value paid in a large bank deal is about 141% since 2007.
Wish everyone a Very Merry Christmas
So are you saying no different between old and new since share is a share ?or no..or if one buy back coop shares will gain any different status than new shareholders?
Az .when you say ((and, in my opinion, any participant involved with a CHOSEN' Sell Out of a "COOP" position', is irrelevant to the conversation')) what do you mean?some of sold coop but still have them escrow which should the only mean of recovery?but as coop preforming that for all coop shareholders alike?
AZ. what about AG appeal holding up ?
KKR has this set up for a valuable financial move into business year 2021' ... with a Complete Consideration of "The Asset Values" of "WMIH and its Subsidiaries" ... already having been accounted for back in 2018' ... But Not Revealed To The Public due to the continuation of the WMI BK's at that time' ...
Now, ... with the BK Cases Officially Closed Last Year, ... We' should be clean and ready for the move forward' ...
The instigated issue of 75/25 to the end vs not can we just let it to rest there nothing to CHANGE either why even if we all agree on one opinion still nothing will change and we all can be wrong. but continue the nonsense will bring negativity greed jinx it ..with holiday season let's have&think peace grace prosperity may god bless all
this monday we will receive the good news
KKR Board of Directors CORPORATE GOVERNANCE
Board of Directors
Name Audit Conflicts Nominating and Governance Executive
HENRY R. KRAVIS
GEORGE R. ROBERTS
JOSEPH Y. BAE
SCOTT C. NUTTALL
MARY N. DILLON
DAVID DRUMMOND
JOSEPH A. GRUNDFEST
JOHN B. HESS
XAVIER B. NIEL
PATRICIA F. RUSSO
THOMAS M. SCHOEWE
ROBERT W. SCULLY
= Chair = Member
Executive Officers
;
HENRY R. KRAVIS
Co-Chairman and Co-Chief Executive Officer
;
GEORGE R. ROBERTS
Co-Chairman and Co-Chief Executive Officer
;
JOSEPH Y. BAE
Co-President and Co-Chief Operating Officer
;
SCOTT C. NUTTALL
Co-President and Co-Chief Operating Officer
;
ROBERT H. LEWIN
Chief Financial Officer
;
DAVID J. SORKIN
General Counsel and Secretary
Ev market is great.
Nio The 14 analysts offering 12-month price forecasts for NIO Inc have a median target of 305.65, with a high estimate of 392.58 and a low estimate of 91.60. The median estimate represents a +520.61% increase from the last price of 49.25.
From cnn business ..The 17 analysts offering 12-month price forecasts for NIO Inc have a median target of 155.80, with a high estimate of 393.48 and a low estimate of 52.46. The median estimate represents a +238.56% increase from the last price of 46.02.