Democracy starts with you, tag your it! ...Thom Hartman
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.
no, dont invoke the spirit of needy girlfriends. LOL
Austin, if you believe Sussman is Superman, than you have to believe he has the brains to delegate and shoot with the ammo he needs to win.
IF he was worried about his staff, than maybe it'd be a one man show. He's got a great team in place that he hand picked and supports absolutely. If SS and his team were not representing, I think I'd have sold and moved on by now.
I have 100% faith in this group. If you can't see it, than save your cash and move on. Buy some 'char'bucks coffee stock.
All the best, I mean it. But kill that angst by F#$%#$% doing something about it.
VOODOO, I'm still murky about this, I know Y can be a bit convoluted, but there is some good discussion here. It helps to have a lot of tards on iggy and you'd be surprised how easy it is to get to get to the heart of the issue.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=te&bn=86316&tid=687062&mid=687062&tof=1&frt=4#687062
I've been working all day and havent had much time to dig into the release issues deeply for my own understanding and level of satisfaction to preach it yet.
Sorry man, if I home early enough I am going to try and start reading up on releases.
Than do something about it. If you don't I suspect you are just here to bash. F%#$%$^%n too close to iggy time!
You should only be allowed on this board to say the same damm thing three times BEFORE IT IS SPAM! delete, delete, delete
who cares, do something about it yourself. FSSHN is!
Yep, this dogfart and his buddies can never be trusted. They cannot and will not ever let equity walk away without a knife in its back.
Whats a couple hundred bucks to buy some voting shares, compared to the thousands many have invested pre and post seizure.
JUZ DO IT! You have about a month, drink 12 less sodas, 5 less espressos, or if your like me - 2 less cocktail at the bar each week and you'll be there. I had to do it, and you'll live.
Start tomorrow mi compadres.
5 stars UZ!
Attention: Everybody needs to buy voting shares in every flavor. Not just to insure voting success in the next POS POR, but to stop the mutiny amongst us!!!!!!!!!!!!!!!
Please, if you give a sh#$, and can't bother to get involved in helping any way, at least do this.
same answer to you.
There was a caveat about preferreds getting wet under the waterfall in the new POS POR that says under "certain circumstances". How much you wanna bet Rosenfart already designed 'those circumstances' to F*** you after he gets your vote.
Don't fall for it. Preferreds and commons all win by staying together.
There are plenty of majority common holders who've bought enough voting shares of each class to ensure we're all stuck together for those of you willing to mutiny.
There was a caveat about preferreds getting wet under the waterfall in the new POS POR that says under "certain circumstances". How much you wanna bet Rosenfart already designed 'those circumstances' to F*** you after he gets your vote.
Don't fall for it. Preferreds and commons all win by staying together.
There are plenty of majority common holders who've bought enough voting shares of each class to ensure we're all stuck together for those of you willing to mutiny.
JPM wants a jury trial. They reallly think they have friends in the joe main street public anymore? LMFAO
http://www.huffingtonpost.com/2011/02/09/jpmorgan-chase-fires-back_n_820676.html
"Once the EC can show the court evidence of wrongdoing, the entire GSA/POR will be deemed to be built on a foundation of fraud. FDIC will not want to be a part of this. BR's backroom dealings with the Settlement Noteholders is probably more than the FDIC bargained for, or can stomach. Lawsuits galore without the protection of releases."
Good point Byrd.....this has been sinking in.....and as long as we get something out of the noteholders or from DTCC/SEC or someone, than yeah, GSA/POR in any version is worthless. No need for appeal or anything.
It gives the judge a way out of her "fair and reasonable", gives EC/us a way out over to avoid lengthy appeals, and plops the EC right into the chair at the head of WMI's negotiation table.
which tape? is transcript out?
yes. and the wording says in "certain circumstances" preferreds could get nothing.
Who wants to leave Rosey in charge of deciding what those certain circumstances are????????
no news in there on wHedgie insider trading.......just Rosey's pr fluff
that corrupt FK.
There is a link to kccllc in the new POS for the new GSA they claim to have, yet interestingly enough it hasnt popped up on kccllc.
They were in a damm hurry to get the pos POR and DS up, yet didnt file the most important part the new GSA??????
The DS isnt signed either???
I'm smelling bluff. I think no one is gonna blink until the results of the Whedgie discovery is in two weeks from now.
AIMWAG
Why is the pos DS unsigned? More signs of BS
Isnt a new GSA still necessary for this ammended POS? We havent seen a new one yet. Hopefully this is just BR playing games.
Excellent point Lawrence.
Formed March 2008, just in time to remove all those WAMU documents and store them safely for us to supoena.
Great letter David. Would be awesome if Preet shows up on 2/8.
Whedgies be crapping themselves.
I bet your right, there has to be some bigger simple logical reason for why JPM has been so protected by both sides of the aisle.
That would certainly explain it if social security, medicare, fdic, etc. etc. all banked with JPM
JPM is the FDIC's bank for deposits.
No F'n wonder the FDIC was scared shiteless of JPM going down and the strength of the DIF. If JPM goes down, there goes the fund.
FDIC’s Cashiers Unit in the Dallas field office uses a courier service to transport these checks daily to a lockbox administered by JPMorgan Chase Bank, N.A. (JPMorgan).
http://www.gao.gov/new.items/d08863r.pdf
Get this up on Y for more signatures, please. I can if you are busy, but you deserve the credit!
Beautiful Letter. BRAVO! Well Done. I can't wait to see this slide into court.
Exactly, I'm starting to see the beauty of SS/EC strategy.
Things have regressed to the point where Rosey for the first time is crying out trying to shame or 'poor sport' remind JPM/FDIC what he(Rosey) thinks they are walking away from. (Baby I'm sorry, remember the good times we had and can have again, just work with me lol)
The noteholders are staring at getting another slap on the wrist for insider trading while the other wrist is still red and swollen from Preet's last ruler attack/fines. Appaloosa is sooooo on the DOJ radar - known perpetrator.
Whatever incentive there was for the FDIC/JPM, must look pretty unappealing at this point; if your GSA partner could be looking at serious audits/charges/fines/jail/etc. when all you want to do is take your loot and run quietly away and on to your next scam.
I think our quickest chance for an approved por is with the noteholders crammed down or removed completely.
I think Sussmans strategy might be to remove the cancer first, and then put up a plan that wont have detractors. Or maybe he's hoping to work with JPM/FDIC to cramdown noteholders, give them our releases for money amongst other things for money I hope.
My Question, I've wondered for a quick close, if the FDIC/JPM do send GSA termination letters up till 2/8, can we all then take the shell of the POR, take Rosey's Cwrap and cram down noteholders, and submit our own tasty "wrap" with JPM/FDIC dressing and approve it lickidy split as MfW wants?
they are unlikely to pull out, unless they get full releases from the EC is what that really means.It's a race for who gives us the best for our releases.
Joe public is miles closer to figuring this out and the whole things explodes.
If Dimon wants this cheap, he better act quick. Not cheap as in low ball, but cheap as in serving us up a meatball over the plate, with only a few players in the game.
hol;y shite. when have we heard rosey more or less speak the truth? Maybe he's sick of Tepper riding him bareback this last year LOL!
Seeing that roadkill cracks me up........and summs it up!! happy days.
http://seattletimes.nwsource.com/html/businesstechnology/2014101721_wamu02.html
deadline passes for WAMU deal "said Brian Rosen, a WaMu attorney."
Fkn huge!! Getting that tingly feeling, and it's not the tequila.
On your first paragragh, i think the judge left the door open by acknowledging Thoma's objections as needing more looking at. And we/EC have stepped in to turn on the light.
And I agree, BR doesnt want nor can afford another full vote on a new pos por as this thing is so close to blowing up. I think they are throwing a long ball, creating some new legal terminology with the Cwrap, and trying to shove it down MfW throat even though JPM/FDIC appear to be at least on the fence with staying with the GSA. They havent terminated nor have they extended it.
I think JPM/FDIC are waiting to see if Teppers underwear is exposed on 2/8 w/ regards to insider trading discovery. If MfW agrees to let them be undressed, than I think JPM/FDIC will end this quick by buying off us/EC as they dont want their parts exposed and JPM wants all of WMI for itself.
Look at all the mortgages JPM is/has been foreclosing on; they even acknowledge in their repsponse to Deutche Bank that they dont own the paper yet as the FDIC hasnt closed the deal, and so technically they are illegally foreclosing, and last nite when I was doing some research, this month quite a few judges are starting to reverse the JPM foreclosures.
I think things are reaching a tipping point with JPM very soon.
AIMO
I just want to party in Vegas with everyone already!
Totally, sometimes I just have to spend a couple of days reading, absorbing, and then deciding what I think.
We are all backseat driving anyways, but I think we are looking pretty good. Bought more today.
Gonna see if I can get off work to attend the 8th. This is A big one!
I posted something at the same time as you to address this thought.
When they were inferring this, it was probably about a week earlier and they thought Rosey was gonna come up with the goods, but he didnt; so their objection is a little outdated possibly.
Not only that, where is Johnny? That guy always pops up before Rosey exposes himself.
Another interesting point regarding the Whedgie Funds objections is that they were written up over the last week or so and mention that debtors/wmi "intend" to file this Cwrap and GSA extensions, even though they had no real evidence of such that has been submitted.
Since 1/31 was the deadline, they had to submit something, and of course ol Rosey didnt put out a signed extension, and so the afore mentioned intent seems like a lot of hot air from some very scared guilty parties.
Preet has already busted appaloosa once this month, Tepper probably is feeling a little queesy about getting neutered as well and crammed down when JPM/FDIC all decide work someting out this month.