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It’s not like they’re not capable. They chose Not to!
They’ll go after a Freaking Plumber, but Not FDIC, JPMorgan, AAOC for Fraud.
Also, they didn’t commit Insider Trading and Fraud for a mere $2.5 Billion Dollars.
https://www.sec.gov/news/press-release/2016-96
It’s probably in the Redacted Documents.
I read that as well, but when I read the Amended Agreements it also stated that was altered and to my understanding, it’s no longer the Normal Standard Formalities when Preferred gets paid first before Common. “IN THIS RARE OCCASION,” They get Paid at the Same Time. “Pari Passu!” To my understanding those agreements no longer matter when they (Preferred and Common) agreed to a 75%/25% SPLIT OF ALL PROCEEDS.
You can’t Ignore that writing in the Plan, and also, not include that the Agreements got Amended, Altering the Payout Waterfall. Good Day Lodas and Thank You for Making Me Better.
You’re Welcome Large and Thank You Too.
K-Mart’s value came from the Non-Retail Assets. It’s in Black and White and why Ed took a controlling Stake.
$6 Billion in assets for less than $1Billion in Bankruptcy and his Strategy was to Liquidate KMart over a Longer Period of Time by Merging it with Sears. What time was that approximately?
2003-2018=15 Years.
Possibly why Nation Star was used to Propagate and Liquidate the Non Banking Assets over a Longer Period of Time, when the Value is Greater than when it was first Assessed and Accounted for in Value.
HENCE, PROJECT: ECPLISE!
K-MART $181 in 18 Months. Assets hidden in a Canadian Entity. Facts!
How many Impaired Classes were in Plan 6 and how many of those Impaired Classes received a Settlement in Plan 7?
There’s is no best Anything other than the Best Con!
That’s your Problem you Trusted into the a Hypocritical System.
Welcome!
I haven’t forgotten to respond I wanted to wait for the right Hour. Lol
Xoom, About a year or so ago, I was having a conversation about WMI, WAMU, and Wmilt with a Retired Former V.P. of a 100 year old Investment Firm and when I mentioned the shares in Escrow, he perked up, his eyes lit up in excitement and he had this jolly grin on his face as he asked, how many shares you have again?
I responded and his response was, Ohh, WOW!
That’s what we call “ Magic Money.” It just magically appears.
Let me plug you with an Advisor when you’re ready.
I held back emotions, continued the conversation and cooking us breakfast.
(2) 100 Block Buys 43.44 and 43.77
100= Need shares.
200= Need shares Badly, but Do Not Take the Stock Down.
I’ve witness a couple $120,000,000.00 transactions in the middle of the night. At 1:30 a.m. to be exact, with a Government Defense Contractor. RAYTHEON
Someone ask in code for shares, another responded, and after a couple Coded Blocks (2) Buys of over $120 Million Dollars at $121 a share. While the stock was trading in low $80’s
Another one was one of our beloved Car Manufactures also around 1:00 am time frame. FORD
You’ll have to back 2.5 to 3 years for the information.
I’m a Proud NERD and enjoy DISSECTING. Albeit, that of information or of a physical form. Whatever the case may be, I will pull back the layers and have a better look inside. Piece by piece, layer by layer. I will take my time and enjoy doing it. All Day, All Night, All Week, All Month, All Year or Years Long. I gather A
ll of the information, so when I step, I step with my best foot forward and come correct and don’t side or misstep.
I Hate FokN Up and Losing!
Strike, You might not have no ill intentions, but you don’t know what someone else’s beliefs and actions are going to be and what they are capable of. Example: you mention email information and home address and mentioning of knocking on her door is now being entertained.
How many times you here, I just went there to talk and then I just lost it?
I’ve witnessed some crazy Sheeit. Like a few neighbors who answered a knock on their door only to be shot in the face when they looked out the Peep hole. What’s crazy is, a great percentage of the time the intended target was not the one who got shot. It was the innocent wife, girl friend, child or visiting friend or relatives of the intended target.
That’s why I speak up.
I read this somewhere. I just can’t remember where, but it still sticks with me everyday.
“People kill for money. What makes you think they will not lie to you for yours?”
Ckaufman2160,
The Escrows served their purpose as markers, but once they are canceled, the Equity Interest Holders of the Canceled Shares are the Beneficiary Holders of those Canceled Shares, if by chance there is any change in Returns back to the Estate because of some change in the Market that was significant lower back in 2008-2012 when these Assets were being Valued and the Claims were being Settled. Once upon a time, the information was on Investopedia, but it was Amended in July 2021 and the wording was removed. You might find it in old Textbooks.
I Know what I read in search of “Escrows in Bankruptcy.”
These Bankruptcy Lawyers do this on an everyday basis and Rosen did a Phenomenal Job for the Debtors, JPMORGAN and Company(Government Friends.)
Common Sense is not Common anymore and it’s only going to get Worse.
That’s the reality.
The (4) Horsemen had to GiveUp 25% of Their Wind Up! Period!
How many Impaired Classes in Amended Plan 6 received a Settlement in Plan 7?
Read and Understand the Amendments
If so, then we can’t get mad at them for pulling off and getting away with a $307 Billion Dollar Caper. They make Worldwide Box Office Hit Movies with George Clooney and other Actors Sensationalizing and Glorifying Bank Robbers and Earn Billions. Just about everyone is Happy and Excited at the End when they got away with the Money. Well, this is no different and it is based on Real and True Events.
Give Them a Standing Ovation and Duplicate it for Yourself. Be a Better and Bigger Business.
I now look back and know, I would have spent the Money, but the Knowledge I gained is more Valuable to me. Plus, there is no shortage of Money, It gets printed on a daily basis.
Be Good with Yourself Stox and Good Luck!
Go Coop!
Go Equity!
They Cannot Steal. They can Transfer and along with the Transfer, there is an Exchange of Money in return.
That’s an Improper Statement. Through Complex Corporate Merger Anything is Possible. Look at Costco, Henkel and Unilever. Through Complex Mergers they're Interconnected, but Not Affiliated.
After reading the agreements, disclosures, amendments and just about everything in between, I can Confidently say, I Do Not Underestimate the Architects a.k.a. The Administrators. They’re Foking Brilliant!
Eddy bought Sears Assets.
Justin bought Naked Brand and Bendon Group.
CEOs along with other Board members Buying and Getting Paid for Managing the very Job they were hired for and its Perfectly Legal. Please
The Administrators can form their own Private Entities and Sell the assets(subsidiaries) to themselves and then take the Sub, Private and then Vote for an agreement to manage or service the very same Company they work for. Then evenly after all the Equity is Drained, Buy out the rest of the Assets and take the Company Private. Until it’s time for another IPO and Rinse and Repeat under another Newly Form Joint Venture Entities with an Established Aged Asset Corporation.
Anything is Possible.
They are Masters in their Craft.
Go to SEC Filings and what do you find?
Who’s DNA? Lol.
WAMPQ & WAMKQ
https://www.quantumonline.com/search.cfm
ENTER TICKER SYMBOL AND PRESS SEARCH BUTTON
IF YOU PRESS THE RETURN KEY, YOU MIGHT GET A MESSAGE THAT STATES:
INPUT TICKER SYMBOL WAMKQ NOT FOUND!
GO TO SEC FILINGS AND PRESS.
Ron, I’m glad you used the word Perpetual.
Also, here’s a link to the Wamkq information.
https://www.quantumonline.com/search.cfm
Enter the Ticker Symbol and Press the SEARCH BUTTON.
If you hit the RETURN KEY. A Message will appear that states,
Input Ticker Symbol Wamkq Not Found!
No more Dividends is a Good Thing. That got the Leeches out the way and now they can create, keep and increase the Value of share price rather than continue to pay out a Dividend and have a decrease in share price and Value. Also, there’s the Control of your Tax Structure. If the Company Paid a Dividend, the Company pay Taxes and the shareholders also pay taxes on the same cash. So paying a Dividend is Double Taxed and not a Good Company Strategy. Hence, the continued approval of Buying Back the Company stock.
I’m not bothered by not receiving a Dividend, but I’m also aware that they(COOP) can approve a Special Dividend at any given time. In a number of Corporate Restructuring maneuvers like a Spin-off, Selling of Assets, etc. etc.
Boris, did you have to fill out any paperwork to be included in the settlement?
With or Without Prejudice?
Read the Amendments. There not Procedural, it’s Strategic.
J, I’m sorry for your Loss. My Condolences to you, your and your friend’s family.
John, I’m so sorry for your Loss. My Condolences to You and Your Family. With all Respect, may you be Guided and given the Strength to move forward.
You’re welcome.
Here you asked and it’s delivered.
Following court-ordered mediation, the hedge funds agreed to provide $75 million in cash to the reorganized Washington Mutual, a small reinsurance company in which current Washington Mutual stockholders will hold 95 percent of the equity. The hedge funds also will provide a $125 million credit facility to the reorganized company. The hedge funds denied the allegations of insider trading.
This is called Hush Money!
The way you rebut, your line of questioning and concern. One question you didn’t let go makes me assume you might be from the Weil, Goshal and Mange's side. I may be mistaken.
Either which way. This is Real Organized Crime.
Embezzlement
False Representation
Wire Fraud &
Tax Evasion
Just to name a few.
Lodas, believe what you want to believe. But....
• Instead of a balance sheet and income statement, the Trust provides a Statement of Net Assets in Liquidation and Statement of Changes in Net Assets in Liquidation. The Statement of Net Assets should report assets and liabilities at the amount of cash expected to be received or paid in liquidation. Such a report is inherently uncertain, as it is based on estimates and assumptions. The cash amounts actually received and paid could be materially different than the reported balances.
It’s not a Lie if I told you that I might or may Lie.
Their Words. Not Mine.
Bbanbob, the waterfall distribution may be altered, but the Payout Rules still apply. By them paying Partial Payment to Class18, 19, 22 they can distribute the Remainder upon Wind Up to all classes Parí Passu. Jmo.
Is this procedural?
Sections 13 and 15(d)
SEC Form 15-12G allows companies to file for suspension of reporting obligations under Sections 13 and 15(d). Section 13 outlines the full reporting requirements companies must maintain as registered under Section 12. Section 15(d) details the securities analyst reporting process and potential conflicts of interest that may occur from analyst and research reports provided by security analysts.
No. It’s intentional!
Hence, why I cannot substantiate all of the information.
There’s a “ NO SNITCH CLAUSE!”
Also, There’s hundreds of pages of information that are Redacted and Sealed.
Yes. If you’re entitled to your opinion(s.) Why can’t Others?
Also, I read somewhere that everything was pre-distributed to the Liquidating Trust as if all the claims were Paid In-Full to the Max on the Effective Date.
Including, dividends, interest gains, etc. etc.
Did you have any Class 18?
Do you know anyone that had Class 18?
Excuse the error/typo. Bruce;Brian. Brian did not Lie.
Is this procedural?
SEC Form 15-12G releases companies of some of their reporting requirements under Sections 12(g), 12(h), 13 and 15(d) of the 1934 Securities Exchange Act.
No. It’s intentional!
Hence, why I cannot substantiate all of the information.
There’s a “ NO SNITCH CLAUSE!”
Class 19 Interest Holder, to Claims (Nos. 3935 and 4045) Allowed Pursuant to a Stipulation Dated March 28, 2013 Between WMI Liquidating Trust and Morgan Stanley & Co., Incorporated, Credit Suisse Securities (USA) LLC, and Goldman, Sachs & Co., on Behalf of Themselves and Certain Underwriters. In Conjunction with:
17. All classes of Claims and Equity Interests, including, without limitation, Preferred Equity Interests and Common Equity Interests in Classes 19 and 22, voted to accept or, pursuant to stipulations approved by the Bankruptcy Court, were deemed to have accepted the Plan and, in consideration for distributions made or to be made thereunder, granted releases to the Debtors and various third parties.
Due to the possible re-filing of a proof of claim in accordance with a Bankruptcy Court-approved stipulation, which, if filed, would have significantly altered potential claims within the distribution waterfall, the composition of the Trust Advisory Board has not been altered.
Distributions to holders of Class 18 Allowed Claims may be preempted by the re-filing (prior to closure of the Debtors’ chapter 11 cases) of other claims in excess of $400 million, as may be permitted pursuant to a prior order of the Court and the allowance thereof.
Rosen didn’t Lie. All they need to know is that “The Assets are there, Your Honor!”
Another Add-On: SEC Form 15-12G releases companies of some of their reporting requirements under Sections 12(g), 12(h), 13 and 15(d) of the 1934 Securities Exchange Act. Hence, why I cannot substantiate all of the information.
Good Night “Triple Ole G!” Get some Sleep.