Democracy starts with you, tag your it! ...Thom Hartman
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Yes, whether he's spray tan orange or lolol. all in good fun.
Maybe "lunchbreak" is really.............lunch or? me dreaming.......aaahhhh
Or how about the billions of $$$$$$ in physical mom and pop houses, multi family buildings and other type assets related to robo-foreclosed mortgages that were WMI's FA Out-Of-State Holdings and associated subs??
Money laundering of mortgage assets. JPM should pay us huge and soon.
Exactly. All anyone has to do is look at WMI and JPM 10k's for 2008 and 2009 and see what's missing and what's been added.
As DG says it is all there and black and white.
What a FAbulous day!!!
I am so000000 buying tens of thousands more Q's tomorrow. Thanks for helping me along with that.
There is something in the 'cadence of the diction' that after reading hundreds of his posts, and reading his last few requests for info........but yeah, hell of a read.
I'm gonna read it again and then send the link out to media :)
Nice Job, Sly?
YESSIREE!
YAHOOOOO
Jury trial is only in class action, not BK, was my understanding IMO
What's 'new news' and leak worthy about bad mortgages and unethical practices? YAWN... All anybody has heard from your boilerroom, the lazy media, and the lying Levin senate hearings is all about that.
We all know whatever WIKILeaks has is going to blow the top off of the bankster status quo - whether its WAMU related or not.
Better get in your bunker or run for the hills, there's enough rats out there who've coughed up enough pages to take down a couple banks evidently.
WIKILeaks is going to level the playing field for the average world citizen like you wouldn't believe, until you see it. Stay tuned.
Maybe WIKILEAKS announcement is just a warning shot from 'someone' to the Turd TEAM that IF they REALLY want actual releases - not ones from their momma, they need to pay up and pay up BIG TIME for the release in the next 30 days - or get on the short bus with tinted windows to the big house.
Nice gypsy. Thanks for sending to WIKI. I have been sending also for the last month. I will party all day if it turns out to be JPM!!!
Lately, I can't believe all the examiner docs proving collusion before seizure with the ratings agencies Fitch/Moody's, with the FDIC/JPM, etc. and still trying to make sense of the'West' doc that mentions TD Bank payout of 30 billion, and how that is referenced in the examiner report.
Makes me wonder about Hochberg and the REALLY BIG picture and if bigger powers, as in our Govt, are quietly trying to end this..........you know release a BS ER for the sheeple masses, but then include real documents that truely spell out what happened for 'someone' to use.
These are crazy dayz lately! I wish I could afford to go to DE for the TPS and POR confirm. I wanna see Voodu rip BR's toopee off!!!
That's an odd chart flat line at end ofday on the qs. At work and don't have l2
What a joke, valuation based on:
debtors discovery statement
POR
GSA
10-k's
documents from AM only on WMMRC
Where's the valuation of all the WMI assets on JPM 10-k, with Chase, and in the FDIC/debtor ether?
But we knew this was going to be the story
Chase USA liberally foreclosing on houses (robo signers), in the name of JPM who benefited from the FDIC receivership, and when accused of foreclosure fraud, they are invoking immunity from liability due to FDIC releases stated in JPM receivership.
From a NY foreclosure lawsuit this summer; judge's ruling against plaintiff fighting foreclosure.
Even if plaintiffs adequately plead a cause of action that would permit them to rescind the mortgage agreement, the specific language of the Purchase and Assumption Agreement between the FDIC and Chase states that Chase specifically does not assume “any liability associated with borrower claims for payment of or liability to any borrower for monetary relief, or that provide for any other form of relief to any borrower . . ., related in any way to any loan or commitment to lend made by [Wamu] prior to failure . . ., or otherwise arising in connection with [Wamu's] lending or loan purchase activities.” (Muccia Aff., Ex. ¶ 2.5.) Thus, pursuant to the express terms of the Purchase and Assumption Agreement, any potential liability by Wamu to plaintiffs was not transferred to Chase. (See Cassesc v Washington Mut., Inc., 2008 WL 7022845, *3 [ED NY 2008].) Accordingly, plaintiffs’ fourth cause of action will be dismissed.
I thought JPM got the bank through receivership, not Chase bank. Yet Chase is foreclosing and judges are buying off on this. JPM is "laundering" mortgages, and too bad if it is a fraudulent foreclosure, as evidently the FDIC aggreement with CHASE allows Chase to foreclose at will with no repercussions. More free money for CHASE! I think this foreclosure fraud with JPM and Chase is more sinister and has far reaching implications than we see at the moment. There has got to be more to this that can help us.
http://stopforeclosurefraud.com/2010/08/18/something-strange-about-this-ny-foreclosure-case-involving-jpmorgan-chase/
I see Sussman dropping our POC (pile of cash) POR and dropping hosen POS/POR like a used tissue.
oh and Hosen,Weasil, gotcha, and mangle will be forced by the judge to wear sandwich boards for a year 24/7 that state "I am a filthy turd, and a thief" as they walk up and down Wall Street. Jaime Dimon will follow them with a pooper scooper like a parade horse, and Tal will lick the sidewalk clean.
She just ruled
Where is the valuation and list of WMI assets illegally taken and still held by JPM and Chase USA per the OCC consummation letter? You still have never answered this! Much much more than 0!
Thanks for that insight. I have absolutely no idea how to read into those 'things'and it is better to not be assuming.
FSSHN or UZ, more evidence of CUSA transfer. Check out the incorporation officer, even though these companies were obviously incorporated years prior by others for WMI.
These companies under FA Out-Of-State Holdings on JPM 10k's actually look like they went to Chase USA (CUSA) who the OCC approved JPM to simultaneously move some WAmu 'bank' assets into at seizure. See my earlier thread:
http://messages.finance.yahoo.com/Busine...
When searching corporate wiki website, all these subs list the same incorporation person as SALLY DURDAN with Chase.
Sally Durdan
Title and Company:
Vice President, Corporate Planning & Analysis at Chase
Company Address:
1300 East 9th Street
Cleveland, OH 44114-1501
Company Phones:
(216) 781-4437
http://www.spoke.com/info/pALPW59/SallyD...
So instead of JPM per se, these subs went straight into Chase (CUSA)
LMAO. Been trying to buy two fist-fulls of Q's the last two days and the mm's wouldnt sell even when I was within 2/10 of a cent. Finally gave up and placed a market order. dammit. too scared to be without extra shares leading up to thanksgiving weekend.
Apparently we (WMI) own a college in INDIA, thanks to Altini on Y
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=te&bn=86316&tid=611662&mid=611662&tof=12&frt=4#611662
Free honorary degrees for all shareholders!!
NICE!!!!
That's the primary reason i'm waiting and joined the buck a share club. MAkes a good story, waiting for the happy ending.
I'm not wanging it, but not gonna give it away either. Besides, I and my q's got time and it sounds like the debtors do not.
Good ol Cali real estate will be hot again one day. I'd hang onto it too if I got it for nothing based on a sure chance for upswing!!
I forgot to list the 6, not 7 companies in FA Out of State Holdings; that increased the number of holding companies from 2008 to 2009:
Ahmanson Land Company
CRP Properties
ECP Properties
HMP Properties
WMICC Delaware Holdings LLC
North Properties
WMICC for example in 2004 sold a CAlifornia office complex of hundreds of thousands of square feet for $152,000,000.
I am sure these companies are holding a lot of our bank land IMO. Probably a lot of halloween treats in these companies otherwise why did JPM feel it neccessary to move them into the fold IN THE MIDDLE OF A BANKRUPTCY!!!! The audacity of these crooks to the courts! You and I would be rotting in jail by week two.
WMI sub comparison with 2008
http://www.secinfo.com/dsvr4.s3xf.q.htm#1stPage
Looking at FA Out-Of-State Holdings, inc.(a WMI sub), WMI sub companies were 7 companies less at year end of 2008 than 2009.
So JPM/debtors/fdic was fraudulently transfering in more WMI companies throughout 2009 for them to show up in the 2009 filing in my earlier post
http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=7074894-2300287-2352582&SessionID=0EsGHegDKiTh4J7
Tha's FUNNY! I like it.
Too bad for WAMU bank, but you can't touch the holding company.......oh yeah you already did and we're gonna get ya!
Coming soon to a theater near you.
WRONG! They're not writing off bad loans, they're so damn busy committing loan fraud to scoop up as many foreclosures as they can. This is the tip of the iceberg. See below info.
WMI sub Wamu Asset Acceptance Corp used to highlight JPM fraudulent transfers and other illegal activities in a recent foreclosure fraud case.
http://stopforeclosurefraud.com/2010/10/23/this-lawsuit-you-gotta-read-long-v-jpm-chase-boa-lps-shapiro-swertfeger-llp-et-al/
Essentially it is alleged by the plaintif that their mortgage was owned by WMI sub Wamu Asset Acceptance Corp and that JPM was forging documents to make them appear that Wamu bank, that they got thru receivership, actually owned the mortgage, and then they foreclosed.
If this is true in one case, it is probably true for all WMI's sub co.'s mortgages. Explosive court filing and more proof of fraudulent transfers.
This is how JPM is vaccuming up WMI assets, through robo signing foreclosure fraud. This is huge and the allegations made parallel our own findings.
This a an excellent read and you can see others are fighting JPM using the same arguments as the EC, etc.
That is interesting Yanik; seems like Rotella gets a huge payoff and no releases; kind of sets him up to look like the fall guy after the fact.
Many more WMI subs are hidden under every JPM sub here. Amazing!
I hope Susman has seen this.
http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=7074894-2300287-2352582&SessionID=0EsGHegDKiTh4J7
1.FA Out of State Holdings(WMI sub) under JPMCB, NA is then holding other WMI subs WITHIN FA Out-Of-State Holdings such as........
Ahmanson Land Company California
Ahmanson Marketing, Inc. California
CRP Properties, Inc. California
ECP Properties, Inc. Texas
HMP Properties, Inc. Utah
FA California Aircraft Holding Corp. California
Pacific Centre Associates LLC California
WMRP Delaware Holdings LLC Delaware
WMICC Delaware Holdings LLC Delaware
Irvine Corporate Center, Inc. California
North Properties, Inc. New Jersey
Rivergrade Investment Corp. California
Savings of America, Inc. California
WaMu Insurance Services, Inc. California
Washington Mutual Community Development, Inc.
2. Stockton Plaza Inc.WaMu Asset Acceptance Corp. Delaware
WaMu Capital Corp. Washington
Washington Mutual Mortgage Securities Corp.WM Asset Holdings Corp,
3. under WM Marion Holdings is WM Marion Holdings, LLC Delaware
JPMC Mortgage Funding LLC Delaware
WaMu 2007 MF-1 Trust United States
JPMC Real Estate Investment Trust Maryland
Washington Mutual Preferred Funding LLC Delaware
Wamu 2006-OA1 Delaware
Wamu 2007-Flex 1 United States
WaMu 2008 SFR- 2 United States
Washington Mutual Home Equity Trust
JPM hiding WMI subs within WMI subs
delete, answered my own question in the ibox
WMI sub Wamu Asset Acceptance Corp used to highlight JPM fraudulent transfers and other illegal activities in a recent foreclosure fraud case.
http://stopforeclosurefraud.com/2010/10/23/this-lawsuit-you-gotta-read-long-v-jpm-chase-boa-lps-shapiro-swertfeger-llp-et-al/
Essentially it is alleged by the plaintif that their mortgage was owned by WMI sub Wamu Asset Acceptance Corp and that JPM was forging documents to make them appear that Wamu bank, that they got thru receivership, actually owned the mortgage, and then they foreclosed.
If this is true in one case, it is probably true for all WMI's sub co.'s mortgages. Explosive court filing and more proof of fraudulent transfers.
This is how JPM is vaccuming up WMI assets, through robo signing foreclosure fraud. This is huge and the allegations made parallel our own findings.
This a an excellent read and you can see others are fighting JPM using the same arguments as the EC, etc.
this is the FDIC's new spin for why they were chatting up JD on WAMU months before the seizure. sep/2010 Financial Crisis Commission. Unbelievable. Why doesn't anyone call them out!
http://www.fcic.gov/hearings/pdfs/2010-0901-Corston.pdf
pg 12 Having the ability to analyze the financial condition of stressed institutions is critical in
developing resolution strategies. In the case of WaMu, the FDIC had adequate time to
develop strategies and understand the risks associated with those strategies.
talk about CYA for making a hasty decision
pg 12 Even with assets of over $300 billion, WaMu was vastly simpler in its structure
compared with other similarly sized depository institutions. Its main institutional focus
was on mortgage lending. While WaMu had derivatives contracts, they were used for
hedging and not as part of a market-making operation. In addition, WaMu held no
foreign deposits and there were no major holding company subsidiaries involved in
significant financial services such as a broker-dealer that might result in large losses if
forced into bankruptcy as a result of the failure of the thrift.
pg 12-13 With the benefit of a large cushion of uninsured, unsecured liabilities exposed to
loss in the failure, the Deposit Insurance Fund did not incur any loss due to the failure of
WaMu. Instead, unsecured, non-depositor creditors incurred all of the losses, in
12
accordance with the statutorily prescribed priority for the payment of claims. The
transaction demonstrated that in the case of an institution with a relatively simple
organizational and legal structure, which is not highly connected to counterparties that
would expose them to catastrophic loss, the FDIC’s receivership authority and
operational capacity in place as of 2008 was sufficient to resolve a $300 billion institution with 2,300 branches without resorting to a bailout and without creating further disruption
to the financial system.
As mentioned earlier, the FDIC had time to plan and implement an orderly
resolution of WaMu in advance of its closing. WaMu had been marketing itself early in
2008, and a number of institutions had conducted extensive due diligence of the
institution. Although the FDIC had only a short amount of time to market the institution,
we were able to solicit bids from a number of potential acquirers because of the
information they had already acquired directly from WaMu. When circumstances forced
the closure of WaMu on the evening of September 25th, one day earlier than originally
planned, the FDIC was still able to complete the orderly transfer of its more than 2,300
branches to JPMorgan Chase by the next day.
More evidence the FDIC knows they F'd up by seizing a holding company Sept 2010.
http://www.fcic.gov/hearings/pdfs/2010-0901-Corston.pdf
EMBARGOED UNTIL DELIVERY
STATEMENT OF
JOHN CORSTON
ACTING DEPUTY DIRECTOR
COMPLEX FINANCIAL INSTITUTION BRANCH
DIVISION OF SUPERVISION AND CONSUMER PROTECTION
FEDERAL DEPOSIT INSURANCE CORPORATION
on
SYSTEMICALLY IMPORTANT INSTITUTIONS
AND THE ISSUE OF “TOO BIG TO FAIL”
before the
FINANCIAL CRISIS INQUIRY COMMISSION
September 1, 2010
Room 538,
page 7 A key finding was the lack of certain information that affected our ability to obtain a complete
understanding of the impact of a holding company and affiliates on the insured
depository institution and the interconnectedness of the firm with other financial
institutions globally. As discussed later, the FDIC took action toward addressing these
issues.
Not that they have fessed up, they need to pay up. I'm feeling more confident than ever about getting paid.
FSSHN another CUSA, check this profile text exerpt
http://www.linkedin.com/pub/dir/Rich/Pace
Rich Pace
Title
Compliance Analyst
Demographic info
Orange County, California Area | Financial Services
Current: Compliance Analyst at Union Bank Past: Senior Compliance Principal III at Chase Investment Services (formerly WaMu Investments, Inc.), Instructional Designer / Compliance Principal III...Education: WaMu Investments, Inc. Summary: Dedicated & accomplished self-starter with a 10-year proven track record in compliance, project &
proof that another WMI sub has been merged/name changed into CUSA to hide it. I was wondering if name changes or dbs's would have happened to alot of these subs to make them harder to find.
Now it really bears looking into CUSA subs I passed over before as they had "chase" sounding names and I didnt think they might be cover for a former WMI company.