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wow
am waiting till the end of this crazy story
where is the media
I really like u diamond, am a common holder since 10.2008 and if tomorrow nothing happened , it will be very hard for us,
The ec must say something about the obvious examiner-work
Go EC , we need you tomorrow
Will be susman there tomorrow?
A buy or what, what's going on .?
I am very scared, do not trust nobody, hochberg ?? Where is aThe valuation of the assets and investments
He did a valuation about the settlement what is done an march , and we know , with this settlement we get nothing....... Am scared about humans
Forget the bid @LS , do not post it bitte
The key of what? Explain please thx
Agreed , I can and will wait till the end
I wish all the best to my wamu brother and sista
Go wamu team
Go hochberg
Go susman
Go Mary
O justice
Susman has more to loose than the shareholders like me and you
He can't loose, he will do everything to win
We will win
Go wamj
Volume
Last 3 daysThe volume come on the same time
#244389 http://www.rankia.com/foros/bolsa/temas/269650-washington-mutual-demanda-fdic-po 7nech 10/24/2010 9:23:41 AM
Thank u very much
Do u have a link or the name of the referent
L2 please
Thanks
this is good news
go wamu
JPM has the money from WAMUprofit to pay us
stay strong uzual, 4 million volume
schow me the money dimon
go hochberg
go mary
go hochberg go wamu
crazy
without the true shareholders like everybody here, wamu would be a shame for the american history
we will be winners
we get paid
fsshon getpaid
diamond get paid
go susman
go mary go justice
fu jd jpig
fu rosen
go wamu
very nice
we win
we got our money back
go examiner
go justice
go mary
go wamu
Wamu TRUTH....
John Reich's email to Sheila Bair?:
http://hsgac.senate.gov/public/_files/Financial_Crisis/041610Exhibits.pdf
This excerpt is from John Reich's (OTS) email to Sheila Bair (FDIC) on 8/6/2008 (p264-265) says it all
"The government should not be in the business of arranging mergers - particularly before they are necessary, and we are not at that point in WaMu's situation.”
This excerpt from John Reich's (OTS) email to Sheila Bair (FDIC) on 8/8/2008 (p260).
"In my view rating WaMu a 4 would be a big error in judging the facts in this situation. It would appear to be a rating resulting from fear and not a rating based on the condition of the institution. WaMu has both the capital and the liquidity to justify a 3 rating."
This excerpt is from John Reich's (OTS) email to Sheila Bair (FDIC) Sent: Wed Aug 06 17:32:482008
"If in fact any meetings or discussions have already taken place by the FDIC with either JPMC, Wells Fargo, or any other entity, in any capacity in which WaMu was even mentioned, I would like to see a copy of the signed confidentiality agreement signed by the bank – required in any resolution scenario before an institution is told the name of the failing bank."
Wamu TRUTH....
http://files.shareholder.com/downloads/ONE/903873776x0x362443/93537d78-8a66-4a1e-8493-ff73932b65ea/2009AR_Management_Discussion_Analysis.pdf
Extraordinary gain
page 11
On September 25, 2008, JPMorgan Chase acquired the banking
operations of Washington Mutual. This transaction was accounted for
under the purchase method of accounting for business combinations.
The adjusted net asset value of the banking operations after purchase
accounting adjustments was higher than the consideration paid by
JPMorgan Chase, resulting in an extraordinary gain. The preliminary
gain recognized in 2008 was $1.9 billion. In the third quarter of
2009, the Firm recognized a $76 million increase in the extraordinary
gain associated with the final purchase accounting adjustments for
the acquisition. For a further discussion of the Washington Mutual
transaction, see Note 2 on pages 151–156 of this Annual Report
NET INCOME
page16
Net income included an extraordinary gain of $76 million and $1.9 billion related to the Washington Mutual transaction for 2009 and 2008, respectively
Page 20
Net revenue was $32.7 billion, an increase of $9.2 billion, or 39%,
from the prior year. Net interest income was $20.5 billion, up by
$6.3 billion, or 45%, reflecting the impact of the Washington
Mutual transaction, and wider loan and deposit spreads. Noninterest
revenue was $12.2 billion, up by $2.8 billion, or 30%, driven by
the impact of the Washington Mutual transaction
Page 21
Total net revenue was $23.5 billion, an increase of $6.2 billion, or
36%, from the prior year. Net interest income was $14.2 billion, up
$3.6 billion, or 35%, benefiting from the Washington Mutual transaction,
wider loan and deposit spreads, and higher loan and deposit
balances. Noninterest revenue was $9.4 billion, up $2.6 billion, or
38%, as positive MSR risk management results, the impact of the
Washington Mutual transaction, higher mortgage origination volume
and higher deposit-related fees were partially offset by an increase in
losses related to the repurchase of previously sold loans and markdowns
on the mortgage warehouse.
Page22
Retail Banking reported net income of $3.9 billion, up by $921
million, or 31%, from the prior year. Total net revenue was $18.0
billion, up by $5.3 billion, or 42%, from the prior year. The increase
reflected the impact of the Washington Mutual transaction, wider
deposit spreads, higher average deposit balances and higher debit
card income. The provision for credit losses was $1.1 billion, compared
with $449 million in the prior year, reflecting higher estimated
losses in the Business Banking portfolio. Noninterest
expense was $10.4 billion, up by $3.1 billion, or 43%. The increase
reflected the impact of the Washington Mutual transaction, higher
FDIC insurance premiums and higher headcount-related expense.
page26
End-of-period managed loans were $163.4 billion, a decrease of
$26.9 billion, or 14%, from the prior year, reflecting lower charge
volume and a higher level of charge-offs. Average managed loans
were $172.4 billion, an increase of $9.5 billion, or 6%, from the
prior year, primarily due to the impact of the Washington Mutual
transaction. Excluding the impact of the Washington Mutual transaction,
end-of-period and average managed loans for 2009 were
$143.8 billion and $148.8 billion, respectively.
great from:
online.wsj.com/article/SB10001424052748703694204575518222345640774.html?dbk#articleTabs%3Dcomments
look good
thank you
am in since 2008 with 10k
do u think approval is coming soon
thank u
any news
why 10%
good buy
that is ok for me
i will prefere this , really
the great story is at the end, awesome
go mister 1000$ per Hour