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Justin Nelson, Edgar Sargent, and Seth Ard.
W/Catz
For what reason would they change to Newco from Wmi holding?
O/S for all the LEHs
LEHCQ= 5 million
LEHDQ= 4 million
LEHJQ= 66 million
LEHKQ= 12 million
LEHLQ= 12 million
LEHNQ= 8 million
LHHMQ= 16 million
LEHFQ= 12 million
LEHPQ= 4 million
LBHGP= 2 million
Face Value/Interest rate
LEHCQ= 50.00 5.94%
LEHDQ= 50.00 5.67%
LEHJQ= 25.00 7.95%
LEHKQ= 25.00 6.735%
LEHLQ= 25.00 6.375%
LEHNQ= 25.00 6.24%
LHHMQ= 25.00 6.0%
LEHFQ= 25.00 6.50%
LEHPQ= 1000.00 7.25%
LBHGP= 1000 8.75%
My streamer shows only 900k traded today, is this right?
P ask jumped to 22.50 before open.
Only has a 10.3 mil. float. eom
P;s looking good this morning.
Thanks for all you do.
You haven't posted in awhile, thought you may have fell in a black hole. Good to see your still here.
William48
Hope you are right, along with Nate not posting, Ilene has not posted in 2 weeks.
Re. stock symbol / cusip - WAMPQ / 939322814:
The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 05/11/2011.
Where to find more information:
For offers initiated by the company, information can often be found on the company's Web site.
If the offer was initiated by a third party, additional information can be obtained by contacting your local branch office.
For mini-tender offers, the US Securities and Exchange Commission has urged caution. To review an SEC educational piece entitled "Mini-Tender Offers: Tips for Investors," please go to http://www.sec.gov/investor/pubs/minitend.htm
If you decide to participate in this offer, you will need to inform your local Scottrade branch office no later than 10 a.m. ET on the expiration date listed above, and a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. Please note that the expiration date for such actions is often extended and terms of the offer are subject to change.
Scottrade is not endorsing or recommending the offer, and the terms have not been reviewed to determine if accepting the offer would be in your best interest. If you do not wish to participate in this offer, notification is not required and Scottrade will take no action on your behalf.
Branch Manager
Scottrade, Inc.
Re. stock symbol / cusip - WAMPQ / 939322814:
The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 05/11/2011.
Where to find more information:
For offers initiated by the company, information can often be found on the company's Web site.
If the offer was initiated by a third party, additional information can be obtained by contacting your local branch office.
For mini-tender offers, the US Securities and Exchange Commission has urged caution. To review an SEC educational piece entitled "Mini-Tender Offers: Tips for Investors," please go to http://www.sec.gov/investor/pubs/minitend.htm
If you decide to participate in this offer, you will need to inform your local Scottrade branch office no later than 10 a.m. ET on the expiration date listed above, and a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. Please note that the expiration date for such actions is often extended and terms of the offer are subject to change.
Scottrade is not endorsing or recommending the offer, and the terms have not been reviewed to determine if accepting the offer would be in your best interest. If you do not wish to participate in this offer, notification is not required and Scottrade will take no action on your behalf.
Branch Manager
Scottrade, Inc.
8000 Hwy 242, STE 118
Conroe , TX 77385 - 4358
Phone: 936-273-6660
Toll Free: 877-672-1980
Fax: 936-273-6727
I have 81 mil written down, but don't remember where I got it.
Same on dimeq.
Not showing any trades first hour.
A & M also have control of lehm.
2.2 mil. shrs to get it up, and 100k sells bring it back down.
Up 53% now.
Showing all buys this morning, no sells at this time, and don't move ask up.
Looking more gooder this morning.
10:30 EST
RESOLICITATION SOLICITATION OF VOTES ON THE MODIFIED PLAN
A. Classes 5, 6, 8, 9, 10, 11, and 13 Are Now Voting Classes
Pursuant to the Sixth Amended Plan, holders of claims in unimpaired Classes were not
given the opportunity to opt out of the Non-Debtor Release Provision. In the Opinion, the Bankruptcy
Court stated that a plan of reorganization may not provide for releases, by holders of Claims, of their
Claims against non-Debtor Entities unless such holders affirmatively consented to such releases by (i)
voting in favor of the plan and (ii) not opting out of such releases.
Accordingly, the Debtors intend to seek affirmative consent to the Non-Debtor Release
Provision (Section 43.6 of the Modified Plan) from holders of Claims in many of the Classes that, in the
Sixth Amended Plan, were categorized as unimpaired. Specifically, the following Classes of Claims will
now be provided an opportunity to elect to opt out of the Non-Debtor Release Provision: Class 5 (JPMC
Rabbi Trust/Policy Claims), Class 6 (Other Benefit Plan Claims), Class 8 (WMB Vendor Claims), Class 9
(Visa Claims), Class 10 (Bond Claims), Class 11 (WMI Vendor Claims), and Class 13 (Convenience
Claims). Holders of Claims in such Classes should be aware, however, that they will not be entitled
to a distribution if they elect to opt out of the Non-Debtor Release Provision. In addition, because
holders of Claims in Classes 5, 6, 8, 9, 10, 11, and 13 will forfeit their distribution if they elect to opt out
of the Non-Debtor Release Provision, these Classes are now impaired pursuant to the Modified Plan, and
are holders therein are entitled to vote to accept or reject the Modified Plan.
Pursuant to the Amended Global Settlement Agreement and the Modified Plan, JPMC
will pay or fund the payment of Claims against the Debtors in Classes 4 (WMI Medical Plan Claims) and
7 (Qualified Plan Claims). Holders of Claims in such Classes will not be solicited to grant the releases set
forth in the Non-Debtor Release Provision (either voluntarily or involuntarily) and, thus, remain
unimpaired by the Modified Plan. Similarly, holders of Claims in Class 1 (Priority Non-Tax Claims) will
not be subject to the releases set forth in Non-Debtor Release Provision and, thus, remain unimpaired by
the Modified Plan. Accordingly, holders of Claims in Classes 1, 4 and 7 will be deemed to accept the
Modified Plan, will not be entitled to vote on the Modified Plan, and will not receive Ballots or election
forms.
B. Solicitation of Votes on the Modified Plan
Although the Modified Plan incorporates certain modifications made subsequent to the
initial solicitation of votes with respect to the Sixth Amended Plan, the Debtors believe that these
modifications do not adversely change the treatment of the Claim of any creditor or Equity Interest of any
equity security holder in any Class that previously voted to accept the Sixth Amended Plan. However, the
Debtors nonetheless intend to resolicit votes on the Modified Plan from holders of Claims and Equity
Interests in all Classes previously solicited, except Classes 17A and 19, to ensure that such holders have
had a full opportunity to vote on the Modified Plan and to elect to grant certain releases, described in
more detail below, in exchange for the consideration being provided to them pursuant to the Modified
Realtime64 Just got about two reams of paper through the mail, could this be considered Mail Fraud?
4.6 mil shrs in 5 min. eom
Just got those .023's, got some this morning, they broke it up in 3 trades, showed 2 as sells and didn't show the other one.
The United States Department of Justice believes it is important to keep victims of federal crime informed of court proceedings. This notice provides information about the above-referenced criminal case.
The appeal in the case of defendant(s), BEVERLEE P KAMERLING, NICHOLAS J ALEXANDER, was decided on February 28, 2011. The appeal was affirmed
Austin01
Didn't Walrath order the production of an assets list? What ever happened to that? As a shareholder, I'd like to see SG, specifically Susman, press this monumental issue to the max. Why haven't they? And where are the Solomon numbers?
Didn't Catz explain this to you a day or so ago?
You need to call SS yourself, as I understand he answers his phone himself, then you can get direct answers and not something posted on a msg. b.
ARTICLE XXIV
PROVISION FOR TREATMENT OF PREFERRED EQUITY INTERESTS (CLASS 20)
24.1 Treatment of Preferred Equity Interests: In the event that all Allowed
Claims and Postpetition Interest Claims in respect of Allowed Claims are paid in full (including
with respect to Allowed Subordinated Claims), the Liquidating Trust Interests shall be
redistributed, and holders of Preferred Equity Interests shall be entitled to receive their Pro Rata
Share of Liquidating Trust Interests, to be shared on a pari passu basis with holders of the REIT
Series.
24.2 Cancellation of Preferred Equity Interests: Notwithstanding the
provisions of Section 24.1 hereof, on the Effective Date, all Preferred Equity Interests shall be
deemed extinguished and the certificates and all other documents representing such Equity
Interests shall be deemed cancelled and of no force and effect.
Wonder if Paulson & co. hedge fund shorted or naked shorted Wamu.
Where does Bonderman/TPG come into play?
Thought I was on your list, but was not on letter, will go enter info again.
What goes around comes around.
The panel has referred cases of possible criminal wrongdoing to the Justice Department for investigation.
FCIC Chairman Phil Angelides told reporters that the group "fulfilled our obligations and referred matters to the appropriate authorities."
The report and the dissenting findings found fault with Wall Street banks, mortgage lenders, people who failed to carefully review their mortgages, two presidential administrations, two Federal Reserve chairmen and the current Treasury secretary.
Back in late 08 or early 09, didn't the court approve $500K from WMI to the reinsurance co. to keep it afloat?
This moves on about every other trade (17790 ), just think how fast it will move when it really gets volume.
With a float this small it will only go up, when it hits. Imo
Normally with a R/M Shell there is a Name & symbol change, not sure when or if they will do that.
94 board marks.