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Mr. wowalters,
"Bring that day on, JPM's boast of finding $30B, will make an interesting twist on that day."
Yes, JPM and all their little Minions boast of many things, but after all, that's what they are paid to do. Frankly, I see them as a plague upon the Earth.
I believe the $30B in Real Estate they found (lol) might just be coming back or paid for in cash. We shall see.
Mr. Royal Dude,
Do you have any idea as to why this is filed in the US and why on Form 6?
Obviously we have been hood winked by the JPM Foreign and domestic entities ,the FDIC, Several Hedgefunds with International ties and various Courts...so nothing would surprise me at this point.
IMVHO, for us little krill Equity Holders to see a major payday, there will have to be some mighty resourceful individuals needed to pull off a big time payday without admitting WAMU wasn't Bankrupt and to keep it under wraps.
Bob
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549 ?
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For March 22, 2018
Commission File Number: 001-10306 ?
The Royal Bank of Scotland Group plc ?
RBS, Gogarburn, PO Box 1000
Edinburgh EH12 1HQ ?
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F ___
Mr. goodietime,
I'm sorry, but I can't, I'm not a member of WAMUsafe and I don't know the poster. It was shown to me by my best friend. Perhaps some one can contact her and get permission to post her information.
Mr. Royal Dude,
It's been quite some time since I responded to one of your post on the BP board, although I did with you son a while back. Yours is is a very interesting post which involves 90 Billion Euro's. Like you, I will wait and see what develops over the next quarter regarding these investments. No doubt you are more in tune to the foreign scene. Mona Sheen just made an interesting post on WAMUsafe that was just shown to me. Perhaps it ties in. Take a peek and see if it may be related.
Take care.
Bob
Mr. Lodas,
Your frustration and pain is felt by many, including myself.
As Bban has said for years, "I'll be a hero or a zero".
He's got a petrified cake and a mighty flat ass from sitting in that chair since 2008, but he wont give it up til the music stops. Tell you one thing, he not a quitter and neither are you. Best of luck to you and your loved ones.
Bob
Mr. Bbanbob,
Here you go:
William Gallagher
william.gallagher@wamuinc.net
Ask him if the $4.00 requirement is POOF GHONDI.
He needs to know we have our own language. lol
Bob
Mr. Bbanbob,
This *alleged admittance from Mr Gallagher.CEO of WMIH Corp., of his mistake in the 8-K WMIH filed, which mislead all investors. Many took action and traded both Nationstar Mortgage Holdings Inc.and WMIH Corp.stock based on this erroneous and misleading information.
* My response is based solely in believing that Poster Plissken on the Boardpost forum actually received this information in an Email from Bill Gallagher, CEO of WMIH Corp. and gave permission for this to be posted on the WMIH Corp. Investorhub forum.
There have been many posts concerning WMIH Corp. being up listed to the Global Markets Nasdaq on several forums including foreign ones. This alleged error is quite significant IMHO.
The Press Release that was filed and was in one of the 8-K's only Indicated that WMIH would be on the Nasdaq.
Mr. Mordical,
It is quite troubling that many folks have traded on the belief that we will be on the Global Select Market and one of the key points of being on the global Select Market was a mandatory price of $4.00. This statement, if false, has allowed those in the know to short and manipulate the market at the expense of small investors who have been taken advantage of numerous times. WMIH and Nationstar Mortgage Holdings Inc. know exactly what they filed and I have no doubt that the management of Nationstar Mortgage Holdings Inc. and WMIH, Wand Merger Corp. and others that are involved. They all have subordinates that read the various message boards and could have and should have recanted not only this egregious error, but also what you posted regarding the application timing and questionable wording about the application for being on the Global Select Market.
These misstatements should be reported to the SEC. IMVHO
Mr. Panda,
I value your input and hope that this is useful to you and the others that have money on the line.
Perhaps this will clear the matter up. This of course is IMVHO.
I may be wrong, but I think if you read everything in this context it will make sense. IMO the lenders did not know who the target, Eclipse, was until the financing was secured and the contract was signed.
"Buyer will be merged with and into the Company, with the Company surviving such merger, in all material respects in accordance with the terms thereof (the “Acquisition”). After giving effect to the Acquisition, the Company shall become a direct or indirect wholly-owned subsidiary of WMIH."
Nationstar is the Company, the buyer is Wand Merger Corporation.
Wand was seeking funds from Jefferies,etal, to purchase "Eclispe" or Nationstar. The securing of funds did not happen over night and the target, "Eclispe",real name was not disclosed to the lenders when this financing was being arranged.
I believe that it is the Collateral offered by Wand that we should be concerned with...after all that's what Jefferies, etal was interested in and based their decisions on.
lodas, It's a shame that Will Rogers didn't write the P&AA, if so, we would have had our money long ago. He always keep it to few words to get his point across.
Bob
My broker was Scottrade....All releases and elections were submitted to the Broker who in turned submitted them to KKCLLC. Afterwards, the Broker was notified by DTC of the number of allowed Escrow Shares and there designation which showed up in our accounts. Sorry, but there are no chickens or eggs.
Johnny,
Before the transition from Scottrade to TD Ameritrade I learned from the manager of the local Scottrade office that the DTC notified them on May 1, 2015 for the "K's" and on May 4, 2015 for the "P's" that they were "pending" notification of an upcoming action. This of course was during the time WMIH was negotiating with the failed Acquisition/Merger which they have refused to disclose. IMO this is nothing more than a waiting game before the Escrow shares are converted to one of the three classifications which you posted.
Bob
Johnny,
On the bottom of page 14 is a figure along with the interest earned for the month of Aug, 2007. It should be easy for someone to extrapolate the percent of interest earned and it may be close enough to figure out what the approximate principal balance is for Washington Mutual Bank.
Bob
https://www.fdic.gov/news/board/07oct16one.pdf
goodietime,
Here is a link to some past data that is quite interesting, however we need to find the current data and this link may help. Calling all Sleuths, lets see if we can find a current accounting.
Bob
https://www.fdic.gov/news/board/07oct16one.pdf
Mr T1215,
Are you speaking of KKR's "A" Preferred Shares? I just wish to understand this conversion without any misinterpretation on my part.
Thanks,
Bob
Gary, I see it as up to midnight on the 20th, but I have no followers so it is irrelevant, nobody is going to listen to some one with only six posts. lol
My question, "What Embedded Derivative?" was meant to be nothing more that a comment concerning the nothingness of the effect of the Derivative in manipulating the PPS from this point forward, or so it seems.
What Embedded Derivative?
From the 10K....Page 30
https://www.sec.gov/Archives/edgar/data/933136/000156459018004269/wmih-10k_20171231.htm#Properties
"The net impact on the financial results from the change in fair value of the embedded derivative over the three years ended December 31, 2017 it has existed was net other income of $175.1 million which also increased equity through retained earnings. The fair market value of the embedded derivative was determined to be $108.9 million at December 31, 2017, however, as a result of the amendment of the Original Series B Preferred Stock, the embedded derivative was determined, due to modification, to no longer exist and the December 31, 2017 fair market value of $108.9 million was reclassified as a reduction of equity. The net impact to equity between 2015 and 2017 from the embedded derivative is therefore an increase of $66.2 million which was the original fair market value recorded in 2015 at the time of issuance of the Original Series B Preferred Stock. The embedded derivative impact was solely attributable to changes in fair value of the derivative embedded conversion feature and were non-cash items. Fluctuations in the price of WMIH’s common stock directly impacted the fair value of the derivative instrument. The fair value of this derivative instrument was analyzed in each reporting period. Any change in fair value of the embedded conversion feature impacted other income or expense, as the case may be, in the applicable reporting period. In the future, as a result of the Series B Amendment, there will be no change to the fair value of this derivative instrument as, due to modification, it was determined to no longer exist and was reclassified to equity".
This is really food for thought and I shall mull it over for the next few days. Thanks for taking the time to compile this information and sharing it with your friends and the others on the board.
I have always envisioned you as the new age James Dean driving a 55 Speedster speeding in and out of traffic and keeping an eye on the rear view mirror...I suspect your Grandfather is quite proud of you.
Christmas 2018 may be the time to reflect just who we are as a person.
By the way, the shiny stuff kinda sucks right now.
Bob
Mr. Green you are making my eyes roll around in my head. I have never seen this information before and I'm older than dirt and have been a retail investor since the spring of 2009. Keep this stuff coming as I'm anxious to learn more.
Mr. Green, I sure hope they're that smart! Oh, by the the way, I only wear a size 9 shoe, surly I can find some big boy shoe tracks to shadow.
Mr. Green, that option would be more shares than I could keep up with and would require help.
Mr.Green, That is sure a stimulating post as my heart rate went up 37 beats per minutes, sure beats the tread mill. I have a few of those escrow thingies myself and I suppose I should give them more respect, love and attention like you do. It's a shame that others are so disrespectful of theirs, if in fact they have any.