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I think that they are two separate entities fighting for thier own causes.
Thats strange. Its 50K (green) on the ihub chart. On your L2 its 3x 49400 sells. Hmm...dunno
The (TPS) Discovery is moving forward regardless any adjournment/postponement. They are taking several depositions between November 9 and 15. And the Questions to be asked are very interesting (e.g. conflicts of WGM).
This will lead to more ammo for the confirmation hearing - ammo for TPS and the EC.
Cheers,
maekuz
Do i get this right: A 50K buy after hours?
That seems to be correct. The photo describtion cites WM Aviation Holdings, LLC as the owner of the plane. WM Aviation Holdings, LLC is a subsidiary of Waste Management Inc. (http://www.secinfo.com/dsvRu.2th.b.htm).
Now how do I get called for Jury duty on this trial?
JPMC shall also produce for inspection and copying, at 9:00 a.m. on November 12,
2010, at the same address as the deposition, the documents responsive to the requests on
Schedule B, attached.
That sounds very promising! eom
If you are a lawyer, that is.
I love that metaphor! eom
He didnt go into that area "retained assets" or "hidden assets".
He merely states that JPMC were the only one willing to buy and they offered $1.9B. In short he is saying that WMI was worth $1.9B at that time regardless what assets have been reatined. Because nobody offered more than $1.9B.
EDIT: Therefore he didnt search for assets or a list of them. END of EDIT
This is were Solomon comes into play, hopefully.
Thanks a lot Mordicai. Highly appreciated as always.
Mordicai posting on the WAMKQ-Board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56327240
I recommend reading it.
Do you remember someone at the Y! board citing Susman "this is far from over"?
We will see now if that poster told the truth, i guess. If so, Susman already saw this coming.
It means two people resigned from the EC. I dunno when they did. Mike is still on board. That matters to me.
p. 301:
Mr. Dochow recalled that the TRUPS affected the price JPMC would pay for WMB, and the FDIC needed the
event to be triggered in order to secure the deal with JPMC. Someone at OTS told Mr. Dochow that the TRUPS
were important to the transaction because they were worth around $4 to $5 billion.
THX Lawrence for pointing that out!
page 243 of the report:
fn 926
As noted earlier, JPMC met with ratings agencies in late September 2008. During those meetings, JPMC
indicated that it was considering a transaction for WMB out of receivership. Although there had been rumors in the
media regarding the possibility of a receivership scenario, the indication by JPMC that it was discussing such a
transaction with the FDIC was considered by Moody's when it downgraded WMI's financial strength and preferred
stock rating on September 22 and Fitch when it downgraded WMI's rating on September 24. Fitch indicated that
the possibility of a WaMu receivership was "one factor among many" that led to it downgrading WMB. Haas
Interview. Moody's indicated that learning of the possibility of receivership "accelerated" the concerns that it
already harbored about WaMu. Emrick Interview. Thus, arguably JPMC's meetings with rating agencies were
"disparaging" and resulted in injury to WMI when its ratings were downgraded.
The real slaughter starts with the opening in the US, i guess.
The preferreds are steady, both K's und P's. My wag: no news out yet.
Looks like some peeps want in. FF up, trading at 0.138 EUR ~ 0,193 $
Its a low ball offer. As low as they could go.
And paid the REIT Series with JPMC shares:
http://www.kccllc.net/documents/0812229/0812229101029000000000011.pdf
The TPS Holders bought K's as late as 09/13/10. How cool is that?
What did the link say? Its gone. Now all you get is an 404 error.
I think its still Commons changing into Ks and Ps. Nothing major so far.
On Monday 10/25 at 10am each party will be served with excerpts from the final report.
EDIT: As stated here -> http://www.kccllc.net/documents/0812229/0812229100907000000000002.pdf
(see p. 35)
Second Monthly Application of Joshua R. Hochberg, the Examiner, and McKenna Long & Aldridge LLP - 09/29/2010
www.kccllc.net/documents/0812229/0812229100929000000000004.pdf
No government involved! Its Bloomberg and Fox vs. the FED. And the FED lost. Again.
http://ghostofwamu.com/CaseHeader/08-09595Header.htm
http://ghostofwamu.com/CaseHeader/09-00272Header.htm
From the prospectus: "The Series K Preferred Stock has no stated maturity."
There are two posters, both claiming they talked to Susman.
All we need is one whale and that thing bursts into the 30s. But 500k at $0.2 are $100.000. Thats retail, still.
Maybe the FDIC could argue on market value like:
"Oh wait, JD, we think we might be a little off with the $1.88B price tag. Actually its $188B. Sorry for the typo."
Dude...he owned quite some equity in WMI, so what do you mean by
he was never equitys friend
Well, they are to be seen at the area around Seattle and Puget Sound till late august. You know, the big ones - blue and humpback whales. We might just see one or two today.
Premarket trading, long time no see. Nice! eom
Please stop writing to the EC and the examiner.
If u feel the need to express yourself write to the court.
That being said here is my opinion on these kind of letters:
By writing this stuff you are basically stating that there are things that have been overlooked or may be overlooked in the future. In the end You're trying to teach experts on things they are far more experienced with and way closer to than you are or ever will be.
So...cut the crapola.
Well...researching the tribune bankrupcty proceedings had a somewhat chilling effect on me. It took them 3 years after the publishing of the examiner report to see a remarkable increase in the pps.
And in times of financial turmoil bankers tend to jump off buildings.
Their attorneys complained Tuesday that Washington Mutual's document depository, the central resource of information for those attacking the settlement and those defending it, is an unworkable pile of information, including multiple copies of documents pertaining to golf outings, whale-watching expeditions and salmonella.
JD has been interviewed by the examiner in the tribune bankcruptcy because JPM being a main lender to the buyout deal that took place before tribune filed for chapter 11.
Therefore he will be most likely interviewed by Hochberg. This should be getting interesting very soon.