My liabilities number came from document #1 of BK filing. Signed by rodent 9-26-08.

Deposits are borrowed liquid assets and only by some twisted definition are they tracked&recorded and reported as liabilities. By doing so the net impact which should be ZER0 , is now posted as a negative even though the bank has exactly the inverse amount in the borrowed assets.

Borrow 100 bucks from your buddy and explain to anyone how you're now 100 dollars poorer.

Don't forget the salt - a grain or a pound.
Heard it was 1/2 of diamond gurus projection, really close.

Nurse you want a document, jpig made consecutively higher offers to settle this. Every time they did rodent had more dough to hide.

The documents to that is a sticky. The dollar amount is on a term sheet and those have just been listed as rebuttal documents to be presented.


This goes far beyond a tax loss.

That issue has not been decided yet. The only thing that was decided is that it will be heard on the 28th. That is all. The " motion to shorten" is what was signed.
The EC's prosecution of claims motion is yet to be determined.

Voodoo, I'm positive about that!
You're correct that business pricing is completely different than car or Realtors.
there's different types of business's in different conditions.
Just to keep it simple, if someone had a goose (business ) that laid golden eggs (profits) how would you price that? It be market value of the assets (goose) plus what the profits ( how many eggs) would be for a period of time, usually three years. Could be longer or shorter. Certainly more than a discount off of the going rate for a 30lb goose at the market or off the farm.

There's lots more to consider. The established business has a history, tax records, earnings, credit lines, market recognition, all of those are tools that can be used to generate more profits. These need to be earned and have considerable value.

Concerning your pm & Hidden assets . As far as I can tell without that 3.1a all the assets are being hidden. The total is hidden, what went to jpig is hidden, and what's left is hidden.

That #1 document states 32+ assets and 7+ billion liabilities, about 26 B net assets to be discussed in BK court. As of June 2008 there was 307 Bb in WAMU and it was sold for 1.8 bb in September. Now FDIC says the transfered amount of assets was 258 BB in their 2008 report. 307-258 is 49 bb left unaccounted.

So I can see we have this missing 30 , plus some boli /coli, some NOLs, about 15 bb if I'm up on those. Seems like 45 to me. And the nols weren't part of the original 30 or the unaccounted 49.

IMO its way more than 30 being hidden here in BK, and way more than that out of DC. but don't forget, The parties can ( not the judge) still settle DC here in BK with a different and agreeable GSA.

If the net worth of the company is say 100 bucks, you could expect to sell that company for 100 bucks plus three years earnings , if its a going concern.

Your reading it 1/2 correctly. Apparently your missing the top of the column where it says in (000) . That makes 258 million actually 258 billion.

That other number is total assets also in (000) .

So have another look

here ya go! Go4awildride saved a copy to his hard drive in case FDIC removed It.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53437994

here ya go! Go4awildride saved a copy to his hard drive in case FDIC removed It.

Very first document of This case! 32.8 billion assets /8.1 billion liabilities. Filed with BK court and signed NY rodent himself.

Bet your bean bag I remember that one!

258 billion net positive assets transferred from WAMU to jpig per FDIC's own records and posted on their web site. Note net positive, after write Downs and liabilities. 258 billion!
30 billion write down.
19 billion in liabilities.

Scared? We've been here for years and all the while slowly uncovering the truth. Nothing to be scared of here unless your name is br, are a hedgie, or are short.

That's why Jack Nicholson said "THE TRUTH? YOU CANT HANDLE THE TRUTH ! "

FUHF, FUBR, BOHIC-NKYFY CSMFPOS

SG standard practice is every action they take is ultimately geared toward taking the matter to trial. It streamlines the process for them.

Play time is over, SS is taking back the sandbox.

Well then you saw that what Aurelius says the EC said in there objection is quite different than what the EC actually did say about Aurelius.

I find it interesting that Aurelius is still making a night deal and hanging their hat on rodents comments that They are unaware of any evidence being found and EC didn't say anything to the contrary. Amazing but expected behavior from a cornered varmint.

If you look at the kcclcc # and the date filed you'll see the original objection filed under seal has two pages and an ....11710000.....xx (the release date yy /mm/dd document# of the day ) and filed 7/1/11.

This one is ....117120000 .... and filed 7/1/12

So it wasn't refiled, 11 days after it's original filing its now released for public view.
Speculation can go wild as to how or why. Kcclcc posted it 11 days later is all anyone knows right now.

You should take some time and read them. You're depriving yourself of some great stuff. I CAN'T WAIT FOR THE MOVIE !!! And it needs to be a trilogy or mini series because any two hour deal can't do this justice.

I cannot believe the assholian conduct of these overpriced legalized criminals.

BR is a rodent
A filthy rat who, upon his death, will only be mourned by the fleas!
GFYBR

BOHIC, NKYFY

Voodoo, r u ready ? Its coming
Mafia style , UFC style, cage fight, gladiator, tag team, last man standing, bean bag squeeze short&curly shuffle, Tyson biting?

Idk which but it's going to be beautiful

Line item on wgm billing. Just like the one for Ctrt & Kevin starke.
It was posted and kicked over once or twice but never got any traction.

Viva, see if You can find the update wgm gave to " Rothschild " that should be a major concern to everyone involved.

Did you guys hear that?
I may be hearing things, but I swear I just heard a distinguished southern draw say " play time is over mother phuckers"

I agree its misleading, but it certainly does mention it, last paragraph.

Total uncertainty on both sides?
No WAY! Hedgies knew where they were breaking the law, manufactured some plausible deniability into the agreement with rodent.
EC new which laws they broke, and how the debtors facilitated.

Just those 4 items eliminate "total uncertainty " from both sides.

The hedgies, well the only thing they can do at this point is pars the language of the law, try to re-define "is " in an attempt to argue " degrees of separation." They're not willing to do so, they DO NOT HAVE A CHOICE ANY LONGER. What other possible actions could they take?

Susman says something like : we want xyz and ABC.
Hedgies says " all I can give you is z&c , jpig has xy , maybe you can get a&b too"
Susman says "ok tell jpig to give up xy or ill spill the beans "
Hedgies says " jpig should give more & back out of gsa"
Susman says " well where is it? "
Hedgies says " I tried but I can't here's z&c"
Susman walks away and spilled the beans under seal
Hedgies are forced to argue degrees of separation for damage control.

Kevin stark is mypennies main advisor. Funny how the only person who comments in That article is Kevin Starke. He's a lying idiot and was called out on it by WAMUQED.

As for your comment penny, where do you see the judge closing doors on the EC?

"... JPMorgan may face up to $50 billion in additional claims stemming from lawsuits related to its crisis-era purchases of Bear Stearns and Washington Mutual. "

Meanwhile, Chris Whalen of Institutional Risk Analytics estimates JPMorgan may face up to 50 billion ...Wait a min! Up to 50BB only, hummm? apparently Mr whalen is unaware that anico dismissal was reversed.

That blurb about jpig settling for 6 BB with WAMU in 3-2010 , that is not what happened.
That is what was proposed to happen via por #1 and gsa. 4 BB of the 6 is wamus deposit and the other 2BB of the 6 is part of wamus tax refund.

The majority of the conspiratorial allegations are already out and public to anyone who's read collyers opinion, are they not? The BK specific allegations, if there are any, have been under seal, or innuendo only in objections.

Last time susman filed under seal, he was the only one happy after the chambers meeting. I fully expect the same outcome this time around.

Abandon equity interests in wmb? Refresh my memory on this issue please.
I realize its WMI abandoning WMB equity interests, and that our stock is wmi. However the more that wmi holds the more it's worth.

Solomon's report had to have many wmb items.
She signed it.

Its not the 30 billion plus from bankruptcy court that would do it. Nor is it the mega billions that may come from DC. I'm sure it will sting a little bit.

It will be the fact that the US GOVT via FDIC, treasury , the federal reserve all conspired with jpig to take WAMU. Now every economist will tell you WAMU falling was the triggering event for the 2008 global financial crisis. I don't know the exact amount of wealth that evaporated, or changed hands. staggering I'm sure. & 750 billion tarp to get things moving again.

Jpig has all the assets and the government will ask taxpayers to cover the government phuck-up or not ask and just do it. Now How do you thing the global population will feel once they learn the US GOVT, triggered the crisis by taking a solvent and flush with cash WAMU and giving it to an insolvent jpig? Think some other government like China would want to be reimbursed for its unnecessary and avoidable losses directly caused by the us government .how many others?

That could do it!

Dragon, did you know that the debtor's in this case have given several up dates to Michael Rothschild. Its in the billings documents. I wonder why he needs to know anything about wamu?
Its just a bankrupt worthless used to be bank that practiced bad judgment and risky lending procedures that caused its demise right? Or not.

The alternative to facing your fears is to maintain the status quo.
The economy as you see it is an illusion, its based on debt, a negative, a growing negative that must implode before it can be restructured and returned to something that makes sense.
It will happened someday, and tomorrow or next week, or next year is as good a day as any.
Jpig was insolvent or close to it and should have gone down 3 yrs ago.

Very briefly and certainly not all inclusive.

Stern decision said its unconstitutional for a bankruptcy court to make rulings that bar claimants from other suits outside of BK. Alot of the GSA stuff is just such the case. That maybe one reason she said no third party releases awhile back. Stern makes the core of the GSA unconstitutional.

Anico was dismissed, & in Mary's opinion she put some weight on this fact , hence her remarks about unlikely to obtain a recovery and "fair&reasonable. " How much recovery is there likely from a dismissed case, none to even less. But the dismissal was reversed on an appeal, so the "LIKELY " factor has changed. How much weight it now has and how likely remain to be seen. But it us unconstitutional for " mary to say its dismissed via it being included in a gsa. " The claimants can drop it if they are made happy & can do so at any time that happens.

The situation is two fold, stern takes some key problems for FDIC and jpig out of the safety zone of the gsa & the anico decision puts them both back into the firing zone.

Stern decision is the serious thing that's happened.
That will force jpig to move. They may move to settle here and be done or, They may move to fight in DC, FDIC too. But They gotta move because mary can't make it go away anymore.
If everyone is in agreement, they can drop the DC stuff in LIBR's court.
But If its not voluntarily dropped, mary can't do anything to stop or eliminate or vacate the action. Voluntarily would mean everyone has been made happy enough to do so(settlement )

Ok, so what's the goal of the EC next week?

I'm expecting one of two things, closed hearing and or chambers , or fireworks and legal boxing match.

Debtors have burden of proof here.

Is the goal to just show the plan is not confirmation worthy and needs changed?

Is the goal to discredit the plan and folks who drafted the plan ? Then submit a competing por?

Is the goal to show exactly why the plan is not comfirmable, & lay out the facts as to what needs to be included and excluded and the actual valuation that it should start from.

Is the goal to expose that assets are far above liabilities and not really about conformation at all?

I'm asking because I'm not sure and looking for some input
Tia

I believe the "sterns " decision is what's had them worried. And until that was decided is the reason that nobody was sure of what's going to happen.

Kind of all makes sense and certainly fits well.
My wag is they ( jpig ) aggressively start moving towards settling now that the sterns decision has been made. That's based on El jurez remarks ( thanks catz) that this turns the BK operations on its head. They now know what direction to go.

The P&A has a provision in it That the FDIC needs to be in approval of jpig settlement attemps prior to the pig proposing any such activity.

Should be good .

In my very best Cee Lo Green impersonation :

Well now ain't that some chit, Brian rodent f#%& you-uuu-uuu-uuu and f#%& her too-ooo-ooo! !

Told you guys there may be more

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64936114

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64931479
The " dude" response I received to ^ was deleted. But here is the reply to it.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64934086

And then there was yesterday's article about JD and dodd-fank and regulations and increased capital requirements.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64952474

And this one
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64594318

There's more skeletons , are they getting out? "Don't think anybody knows anything for sure anymore "

Remember to add salt , a grain or a few lbs of it.
They're worried & I'm not .

Or being baited to cancel with WMI SOP of bad faith trickery.
Get tps to Cancel now and may be too late for them to reschedule down the line.

Who knows biz, but I don't see EC obtaining TPS specific info and neither did Coffey!

And there we have it.
Thanks fixed!

And if I was TPS I sure as hell would want to do my own discovery, especially if I waited a year to get a depo. Only if I got what I wanted would i cancel .
So something here, no smoke without a fire and no heat without a flame.

We saw hedgies depos canceled because of talks and back on when they fell thru.

We'll know soon enough.

Aslso kinda funny we saw unsecured creditors committee file today, " to our knowledge the EC is not involved in any negotiations " that seemed kinds like a bit of fishing or trolling maneuver.

Just exactly what could or would susman ask wmi about specific TPS issues?
I'm sure there is much info that overlaps EC issues and TPS issues but I can't see EC coverage of TPS specifics.

The idea that tps got what they needed from EC led depo is plausible but not highly likely susman asked anything of WMI on point and aimed at tps information gathering.

There's probably less than 500 people in the world that know more than everyone else about this fiasco. Out of those 500 less than 100 that know the real skinny on what happened. Out of those less than 20 know the truth because they were directly involved in the conspiracy.
A few of those 20 who once thought there was no chance of where we are today could ever happen and over the last month or so have gone from indifference and barely keeping track to worried ; worried because now , for the very first time nobody knows what's going to happen.

So now really nobody knows and everyone involved from the master minds behind the theft to the sharholders - potentially has some skin to lose. How it ends, who prevails in the end, well nobody knows yet.