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Catz: thank you very much, now i'm understand.
Catz, sorry typo, should be 1.8B
Catz: Is the selling price (1.0B) binding (can't change)?
Don, agreed, we follow you, and let us what to do.
Don,thanks for million for your advice.
Don, You are absolutely right. However, I have a questiion never could straight out from my mind. Please give me some your takes.
According to the comments from FDIC, most things are done except some administrative works, such as evaluation of real estate assets, etc.
If you were JPM, would you start to convert WAMU branches not provided there was some guarantee from FDIC? So, in other words, is it just like Diamond said "FDIC pays for it"?
Law is law. Again, EC only protects us if debtor is wrong. If we could not find anything wrong with debtor, we are grilled.
I am saying if the value (A>L) just barely covers pref. Of course, if common gets paid $, pref definitely gets paid.
EC only protect us if something wrongdoing about debtors.....If nothing wrong, then we are grilled.
That is our best wishes. However, as i said, if no wrong could be found with JPM.....................
Law is law. EC only could protect us when there is suspecions about illegal actions of debtors. If nothing wrong about debtor, JPM and FDIC, what EC could do especially A>L could barely cover pref.
If A>L could only cover prefs not common, then this is the case.
Unless we allows EC to get hair cut on pref in order to protect commons.
You're right. So, worse to the worse case. Pref get a hair cut to protect common. Once common gets paid, pref gets paid.
It is an excellent question. Linda's answer leads us to the right direction.
Linda, we all know what are your doing. We just want to identify ourselves with "guaranteed". If judge wants to reclassify us to a new categories that's great. We all get around at least 14.7% or better.
If not(assuming after our efforts, CTs are regained our status as guaranteed but still in class 5), it is fine with no regret. I think Marayatano only looks into the legal issue of payment rather than as to get our new identity as the primary purpose.
Linda, thanks again.
No, don't worry about it. People just swing their investments from prefs to comm because comm has greater ROI. It is time now to buy P's for hedging because of good price.
Marayataqno: May I ask you a stupid question because I do not hold any subordinate bonds? Is normally the subordinate bond "guaranteed", and spell out in the prospectus? If it is not, what is the difference between CTs and subordinate bonds one with "guarantted" and the other one without? As you said, CTs will be treated equally as subodinate bonds, why CTs would add such word "guaranteed" to distinguish itself? In other words, why bother to add "guaranteed", which is meaningless?
Linda: Thank you very much for your efforts to all of us. It's our turn, and is anything we could do it for you?
Steve, thank you very much for your advice. Same here, I'm holding Pref. and common since Sept 2008 immediately after BK. I'm not expecting a quick settlement, especially in a case of proving wrongdoing of FDIC/JPM.
Steve: It is probably a stupid question. The final settlement date is August 30, 2010. Could FDIC and JPM have already reached a settlement before the final date?
But....extremely hard to prove it.
Gandalf48ct: You're absolutely right, there is no speculation. I guess that you have a lot of backgroud in investigation or similar experience. Am i right?
WOW, not bad either
Linda Ten(10)is a luck and perfect number.
Marayatano Excellent thoughts
Urge everyone send your info to Linda per #1761 asap. It is a short type but great return.
Linda: Thank you very much of your hard works. I just sent my info to you and went through smoothly.
Linda, sorry I'm computer-illiterate, couldn't help you. Hopefully someone in Lehman+Mamu knows how to fix it.
Sorry it my bad. I was so affected by fish's message because of JPM's possibly illegal action. I don't know others, in my case, I put orders at lower price and want to average my cost down.
Or, those hidden JPM's reps are unloading their shares. It might have nothing to do with MMs because examiner's appointment is better for all equity holders, why sell?
fssh: I just read it. I think that you're right to the points, that is also I'm so worry about it. It also reflects the pps was down to 0.10 around March 12th because the JPM's hidden reps tanked the stock. Also, after we got examiner, so those reps are unloading commons asap to avoide any Seriously Legal Problems. That's why pps is still dropping.
Linda: Or you like to set up an email address from google.
Agreed. Linda finds the most safeway to do it.
perfect. How do we transmit to you? via your email?
1000% agreed. Don't forget our Judge wants to see it too. HaHaHa, now it's time FDIC and JPM start fighting.
My bad, should be $14.00
have our finger crossed. Once we had "one" smoking gun, we would be at FV for Ps and #14 and up for Us.
Someone wants to buy LEHBI in order to take advantage of its NOLs,
.....Results A>l