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The games not over until Roseanne Barr or some other female of similar girth sings! The market sentiment however seems to indicate that she is warming up behind the scenes! Ouch … rs
My age is classified, but I can tell you that it is somewhere between 51 and 52! And, I still look hot – no man boobs and no beer belly (can’t quite figure that out)!
Perhaps it is my cooking style – onions and garlic in everything! A pinch of turmeric and coriander/cilantro doesn’t hurt either! My wife is a decent cook, but she excels in laziness - so I am the chef in our house!
Boy, have I digressed ….
Go ABIGHAMMER'S TOOLS OF THE TRADE(s) … rs
LOL! I think you know I was being monumentally facetious! I am married so to wit, the only skin I get to ever see is my own in the shower! Luckily, I still look HOT for my years! … rs
Thanks UZ. Can't wait to start reading them when I get a chance in a few hours ... rs
Minute Entry and Court Sign-in Sheet for Hearing Held on May 19, 2010 at 11:30 a.m.
http://www.kccllc.net/documents/0812229/0812229100519000000000050.pdf
... rs
May. 19, 2010
Judge Postpones Washington Mutual Hearing
Bankruptcy Judge Postpones Hearing Until June 3 On Washington Mutual's Reorganization Plan
http://www.cbsnews.com/stories/2010/05/19/ap/business/main6499856.shtml
... rs
I just encoded it to a lower BitRate and it is up on the site to download ...
http://wamuq.yolasite.com/audio-of-latest-hearing.php
... rs
Thanks UZ and of course Ilene! Those are much needed calming words to hear at this point! I guess that explains Susman’s quite demeanor in court thus-far! Looks like he is waiting for an opportune moment to get medieval on Rosen’s ass!!! … rs
Very sexy and erotic iBox! However, what’s up with the pics of the bimbo’s? … rs
UZ. No I did not. She has not been responding to emails as in the past! Over the last 6 months or so, she has developed quite a following and I imagine that she is regularly bombarded with too many emails to handle and has stopped responding to all!
It seems however, our collective heads-up emails to her are keeping her abreast of all situations WaMu! She continues to respond via reporting the truth in spades and that alone sits well with me! … rs
I have to admit that I was as confused as all hell after reading the post but as the beer sets in I am gaining clarity! Rosen did severely spook me on 03/12 and I went to the dark side for approx 6 days! Damn it was dark! A little damp as well!
I am looking forward to tomorrow and will not be swayed at all unless the pps drops to .002 (.003 is ok)!
Subliminal currently but sublime soon … rs
Yep – I wonder! As we have all lived this out, we have feasted on perceived good news only to be blindsided by Rosebud! Let us not forget that he always has something up his xxx, scratch that (no pun intended) up his sleeve!
From what I understand, Mr Solomon himself will be in court tomorrow so if Rosen squats and propels any crapola in the judges direction, Mr Susman will be there to firmly insert a well heeled shoe into the offending orifice! … rs
Supplemental Objection of the Official Committee of Equity Security Holders to Approval of the Motion of Debtors for an Order, Pursuant to Sections 105, 502, 1125, 1126, and 1128 of the Bankruptcy Code and Bankruptcy Rules 2002, 3003, 3017, 3018 and 3020, (I) Approving the Proposed Disclosure Statement and the Form and Manner of the Notice of the Disclosure Statement Hearing, (II) Establishing Solicitation and Voting Procedures, (III) Scheduling a Confirmation Hearing, and (IV) Establishing Notice and Objection Procedures for Confirmation of the Debtors' Joint Plan
http://www.kccllc.net/documents/0812229/0812229100518000000000031.pdf
... rs
Amended Agenda
http://www.kccllc.net/documents/0812229/0812229100518000000000029.pdf
... rs
“The FDIC objected to the initial settlement plan, resulting in negotiations that led to the amended plan, but a WaMu spokesman said Monday that discussions with the FDIC are continuing. He did not provide details.”
From: http://www.hometownannapolis.com/news/bus/2010/05/18-09/WaMu-files-amended-Chapter-11-plan.html
I wonder who the mysterious WaMu spokesman is/was? … rs
Tanaka! You’re pic is rather distracting but here is my experience/thoughts regarding NTRO! I have been holding a substantial amount of shares for nearly 1 year (in at .017)! I could have exited at .05 last June (when this was regularly pumped) but believed in this venture and have been holding strong!
The prior CEO was a bit of a flake and was employing PR’s via penny stock outlets to stimulate activity!
Recently, volume has been up and fairly steady for a few weeks! It appears this is finally getting real legs but we shall see … rs
God willing, this will not follow the lock step pattern that we have stomached the last few months! AH PR = pps rise, market open = crapola!
When will the dilution cease? … rs
Oh contraire! Do you want an equitable settlement, or do you want this over in a few weeks with zero for equity? Believe me, I am as frustrated as anyone with the protractedness of this event, but I would rather realize a victory in 150 days, than accept defeat in a few weeks! … rs
Exactly Strike! Susmans so called examination will be greeted with guess what – more objections! No offense to the Susman team itself , but are the parties that JMW has been allowing to run this show going to say – hmmm, well yes – Mr Susmans examination is good as gold and we have behaved like arseholes for the last 19 months but have now found religion – book it judge?
I probably can be more facetious and continue the scenario but I know that you get my gist – LOL! … rs
BINGO speculator! That is why I (and a few others here) was so damned discouraged when the INDEPENDENT examiner was shot down by our ever so precious judge! Many folks here declined to see it as a detriment! Mostly due to blind allegiance, many investors/posters accepted the denial of an INDEPENDENT examiner as a blessing in disguise ballyhooing that it would save the estates funds meaning – more money for settlement! Plus an additional 150 days was not deemed acceptable! Well … do we wish we had one now?!!!
Sometimes you just have to call a spade a spade! … rs
Monday, May 17, 2010, 10:03am PDT
WaMu’s holding company files another reorganization plan
Puget Sound Business Journal (Seattle) - by Kirsten Grind
Read more: WaMu’s holding company files another reorganization plan - Puget Sound Business Journal (Seattle):
http://www.bizjournals.com/seattle/stories/2010/05/17/daily5.html
... rs
The PSBJ has a reputation for investigative journalism – not the tripe reported by most of the usual online news agencies! Perhaps they can dig up the amended POR that has apparently been filed but is nowhere to be seen!
IMO … rs
It is the amended origial POR that was filed back in March … rs
WMI Press Release
http://www.kccllc.net/documents/0812229/0812229100517000000000001.pdf
... rs
KirstenGrind Twitter
1.Looks like there's another settlement announced in the WaMu bankruptcy. Stay tuned for story @PSBJ less than a minute ago via web
… rs
WaMu Files Amended Reorganization Plan With Bankruptcy Court; Shares Fall - Update
http://www.rttnews.com/Content/BreakingNews.aspx?Node=B1&Id=1307534%20&Category=Breaking%20News
... rs
Oh Crap! Don’t get me started on Black Friday (03/12)! Rosen’s words were so carefully chosen, crafted, and scripted! He deserved an Academy reward for that production of steaming BS! He got to me and many other longs on that day! It was Charlton Heston-esque acting to a tee! What a boob!
Let us never underestimate Rosen’s vulgar practice methods! … rs
Damn straight UZ. For too many years that I care to admit, I have avoided church religiously, but have always lived by the letter of the law via good old fashioned morals! If one has morals, one indubitably has religion!
This could very well end in a few weeks and God willing, in our favor! Of course this could be the never ending BK of all time!
We insidious vultures are only trying to provide for our loved ones! WaMu as a bank is dead! JPM according to our illustrious government is too big to fail, and the FDIC is – well, Teflon! The very holding company WMI, has foisted an evil genius (Rosen) upon us! The odds have never exactly been good but still we persevere!
I think I have rambled enough! Lets end this (in our favor) post-haste and move on to another excruciating BK play – LOL!
GLTA! Go Longs … rs
Interesting scenario/theory that had not been previously proffered WildRide! I am sure that Solomon’s numbers will eventually be known, but initially, the valuation will be assessed by all parties involved behind the scenes and if the numbers are determined irrefutable, then a settlement (including equity) will no doubt be tendered!
Of course, Solomon’s valuation may be legitimately picked apart by one or more parties or nefariously picked apart by certain parties and used as a monkey wrench-like tactic!
Anything can happen here (and usually does)! I personally believe that the valuation will be scrutinized to death as everything else has! However, now that the POR (after the objections rolled in) is finally OFFICIALLY on thin ice, a fetching Solomon valuation may bring the parties to the negotiation table once again, and in a serious manner!
One step at a time I reckon and let’s see what happens on the 19th, then the 26th, if there is indeed a 26th! And there had damn well better be … rs
Splendid iBox – especially the bottom near the bottom! The yola site is doin’ OK thanks to a few dedicated posters – you know who you are! Chee Chee …
The crusade/tirade is welcome as that it was that one specific page is for! As you may have noticed, it has an automatic curse filter (I can’t tweak the code) but colorful imaginative wording can be used to get around that wee issue! … rs
Jesus H Christ on a ten speed! This board is righteous as hell! Hammer – you never cease to amaze me my friend!
Nearing beddy-bye time! My full course meal will consist of a spam sandwich and sunflower seeds as the chaser!
SPAM is the everyday working mans food! Perhaps we should send a shit-load to JMW! … rs
I have no idea as I have played BK’s before but never to this depth! The general consensus is that the stock will stop trading and by the next morning, cash will be in your trading account balance! Kind of like magic!
As aforementioned, I have played BK’s but never until the bitter end – good or bad! I myself would love to experience the glee of a stop and witness a rather significant chunk of change in my trading account! This is NOT in any way shape or form trading 101! This (for the longs) has been a barbaric hold that is bigger than life itself! This - to many longs - is an entity that continues to grow disproportionately to the abilities of our brain schematics’ to decipher where we currently stand!
It just is - and has to come to an end soon for the sake of keeping ones sanity, if anything … rs
Not a problem UZ. I had just returned home from my son’s school function and of course refreshed KCCLLC seconds after we walked thru the door! Isn’t that what every normal human being does as a regular practice in the course of life? LOL!!!
This needs to end soon – I am getting burnt out … rs
Good Evening Blue! You have been missed. Get that tofu loaf ready for the next few weeks are gong to be hellacious here! Hope you have been keeping up at least a bit since your absence … rs
If I recall, there was some chat last week as to producing a full or half page ad in a few of the major news papers! The cost seemed to be rather prohibitive! Just tossing out an idea here but has anyone considered an online solution?
Online newspapers such asThe Wall Street Journal | The Los Angeles Times | The Washington Post | USA Today | The New York Times etc, or online news services such as www.foxnews.com | www.cbsnews.com | www.cnn.com etc, may be the vehicle to deliver the shareholders message!
A pithy banner ad or a strategically placed floating ad may just get this exposure - and at a much cheaper price I would assume! Most folks do not subscribe to newspapers in this day and age! I personally only know of a few people that actually have a newspaper delivered and they are over 80 years of age! Below is an example of an online newspaper ad (we may want to change the wording – LOL)! Clicking on it can redirect to a website housing the bulk of our concerns!
Thoughts anyone? … rs
Thanks DM! Nice article by Peg – a good read! I am waiting for Kirsten to chime in on this. I sent her a heads up email back on Tuesday regarding the DS letter and the rather poor timing of same! She has not responded.
Hopefully, she will have something to say about the numerous objections filed yesterday! … rs