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I mean the 58 million should be 4.83 after the rs ?that will make big difference
Is The 58 million shares will go through RS too ?
So if what say is correct (final payment before before closing bk) and we know B rosen said the bk will close before November. So between now and November..I heat to say it but it's hard to believe. Just saying
We do not have anyone (Law firm) watch for us big mistake deliberately imposed on us .good luck
Has everything with smoking
quote :"I believe Rosen gave it all to Jamie for 1,98 billion, the whole "lock, stock and barrel"... JMT.. Lodas " agreed so we have been played all this years ??
So is he (BR )lying to federal judge??
AZ so what do you make out of that?
August 9, 2019
The Honorable Richard G. Andrews
United States District Judge
J. Caleb Boggs Federal Building
844 N. King Street, Unit 9, Room 6325
Wilmington, DE 19801
Re: Alice Griffin v. WMI Liquidating Trust, Case No. 1:19-cv-00775-RGA
Dear Judge Andrews:
This firm and Richards, Layton & Finger, P.A. represent WMI Liquidating Trust (the “Trust”) in connection with the above-referenced appeal from the Bankruptcy Judge Walrath’s Order Overruling First Omnibus Objection of Alice Griffin with Respect to Allowed Claims of Morgan Stanley & Co., Incorporated, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., On Behalf of Themselves and Certain Underwriters, dated April 24, 2019 (the “Order”). We submit this letter in accordance with Rule 8019(a) of the Federal Rules of Bankruptcy Procedures (“Rule 8019(a)”) regarding the presentation of oral argument and to correct a misrepresentation made in Ms. Griffin’s reply brief filed on August 5, 2019.
Pursuant to Rule 8019(a), the Trust hereby informs the Court that, based upon the principal and reply briefs submitted, together with the appendix of documents provided to the Court, a full and complete record has been provided, sufficient to inform the Court as to all of the issues presented.
With respect to Ms. Griffin’s reply brief, footnote 4 therein attempts to describe or characterize matters associated with the Bankruptcy Court-approved Global Settlement Agreement and asserted ownership of over $36 billion of mortgage-backed securities. While none of the foregoing bears upon the substance of the instant appeal from the Order, the misrepresentations misstate the public record and, based upon experience, may incite others to make similar claims and create unrest among other former holders of publicly-held equity interests. In order not to mislead the public, the Trust believes that the record needs to be clarified.
As reflected in the Schedules of Assets and Liabilities filed with the Bankruptcy Court, as of September 26, 2008 (the “Petition Date”), Washington Mutual, Inc. (“WMI”) and WMI Investment Corp., the two debtors in the chapter 11 cases, owned mortgage-backed securities and collateral mortgage obligations (collectively, “MBS”) having a market value of $76.2 million, not the amount referenced by Ms. Griffin which, in reality, was reflective of MBS assets owned by WMI and its consolidated entities including subsidiaries and affiliates, and was over two times the amount actually held three months earlier and reflected in documents filed with the Securities and Exchange Commission. All such assets remaining on the Petition Date were liquidated and the proceeds thereof were distributed to creditors in accordance with the terms and conditions of the confirmed chapter 11 plan.
Respectfully submitted,
/s/ Brian S. Rosen Brian S. Rosen
cc: Alice Griffin, Esq.
Charles E. Smith, Esq.
John Maciel Marcos Ramos, Esq.
Amanda Steele, Esq.
I think only when the FDIC close the bk .that will put end for any For any possible legal objection or action like the one alice did .so when we turn bk page . will start remote asset page
GREED
I think I will be happy with even less than that just to end soon will gave us sense of relief hopefully soon
2221
Thursday, 07/25/19 01:25:19 PM
Re: dimples52 post# 582815
0
Post # of 583243
from my first hand experience some if not most of our legal system just [ Inept clueless] wont bother to look into things
If BR or the judge Addressed the equity for 60 seconds only that could have saved us years and years of very painful guessing (60second )
from my first hand experience some if not most of our legal system just [ Inept clueless] wont bother to look into things
quote..~ Yepperini, I’ve Already Applied Some (WMI), “COOP” Size “AZ” Napkin Math ~ ...AZ can you share your napkin math with us? iam sure many here want to see it as well.. thanks for all that you share with the board
we all stuck online here together try to find way out .what I don't understand why it has to be secret deal(if there is) if everyone knows court FDIC's jpm all the big guys and us the little guys etc. know the size of the case and it's asset so so secret from from who exactly.. just saying
Why did jpm declare 30 billion as legitimate profits (in cold blood fashion)?? What they got for 1.8 billion?
According to BR that the case will close sometime in the last quarter of 2019 now we know there is remote asset that supervise by the trust .now who will get that or who got that and when thos asset will be released and how they will be released is all will be monetized or some cash and some shares most important are we still in picture in any of that ??????????
The way I think of it like you own a car that you drive now for whatever reason they cancel your registration and you driving license now you can't drive these car but you still own the car the title is in your name
According to claw they aren't whacked. They are KGB ...LOL
I think it's related in the case of shares for value or some shares for some of the value in that case they are related ..just saying
thanks to you and AZ and all who helped us kept the hope alive
Ok so how much do think/guessing is coming?
I thought maybe close to the and he may come .. Clean clean and him can't be in the same sentence
Ok can gave out more information about the time frame and dollar amount and how sure are you or you just been sarcastic??thanks
When rosen said one (last) distribution ..I don't know..I didn't feel comfortable with wording..
Iam not really sure if there sealed deal for us.OR just that silent treatment
he is going to wait until it hit 99 cent and then he will think about it
what about your friend is he # 13 boris the Spider
Wednesday, 06/05/19 12:34:39 AM
Re: None
0
Post # of 577830
Something very big is ready to hit on the old wamu stocks according to a financial friend well connected.
I told him I dont believe in rumors. He said neither do I.
We shall see if this is BS. He said soon.
Knowledge of FDIC.
for Us you say 1 for every 12 of wmih OR 1 for every 12 of wamu ( old escrow?? not sure which one you nean
COOP is the hell. .. oops typo I mean the tell
iam going to wait until it hit 4.75
Any more details to your conversation with your friend ?
thank you for sharing your views
So what is your thought on the 50 million share that some think it's maybe coming to us?
thank you for posting can you or anyone put some number as for how that will translate to Us k and p ?
JPMorgan and the FDIC will reasonably cooperate with the Trustee and use their reasonable best efforts to assist the Trustee in obtaining Final Court Approval ofthis Settlement Agreement, but neither JPMorgan nor the FDIC will have financial responsibility for the Judicial Approval Proceeding.
(b) In connection with the Judicial Approval Proceeding, the Trustee may, in its discretion, also seek Final Allocation Approval, provided however, that the Trustee will ~ seek any Final Allocation Approval in the form of a separate order from the Approval Court and Final Allocation Approval will not be an element of Final Court Approval, it being the express intention ofthe Parties that any objection's by Investors to the Trustees proposed allocation or other allocation as may be ordered by the Approval Court, or any delay in obtaining Final Allocation Approval, will not affect Final Court Approval. Unless the Trustee elects to forego seeking Final Allocation Approval, in the event Final Court Approval is obtained prior to Final Allocation Approval, the Trustee will not distribute amounts received by the Trustee pursuant to this Settlement to the Trusts prior to Final Allocation Approval.
2.03. Termination. Unless otherwise extended by written agreement ofthe Parties, this Settlement Agreement will automatically terminate (i) in the event Final Court Approval has not been obtained on or before June 30, 2019, or (ii) prior to June 30, 2019, on the first business day following which securing Final Court Approval becomes legally impossible. For purposes of this Settlement Agreement, Final Court Approval will become legally impossible ifand when the Approval Court has entered a final and non~appealable (including the expiration of any time to apply for discretionary review) judgment denying Final Court Approval.
ARTICLE ill. SETTLEMENT TERMS
3.01. Trustee Allowed Claim. Upon the Effective Date, the Trustee will be deemed to have an allowed general unsecured creditor claim in the WMB Receivership Estate in the amount of $3,006,929,660 (the "Trustee Allowed Claim"). The claim will be evidenced by a notice of allowance of claim from the FDIC~Receiver's claims agent in charge addressed to the Trustee as provided in Section4.09. The FDIC-Receiver will treat the Trustee Allowed Claim proportionally with all other allowed general unsecured claims and will not subordinate or otherwise diminish the Trustee Allowed Claim. Any and all distributions on account ofthe Trustee Allowed Claim will be made by the FDIC~Receiver to the Trustee as and when the FDIC-Receiver makes distributions to other general unsecured creditors holding allowed claims . in the WMB Receivership Estate. All distributions made by the FDIC-Receiver on account of the Trustee Allowed Claim will be made to an account designated by the Trustee. The maintenance, allocation, or distribution of all payments made by the FDIC-Receiver to the Trustee on account ofthe Trustee Allowed Claim will be the sole responsibility ofthe Trustee after receipt. The Trustee will, in the exercise of its reasonable discretion, and subject to approval or modification by the Approval Court, allocate among the Trusts any amounts available for distribution to the Trusts.
I just want to get paid for my old Us and go home they can have coop
and just maybe we led on this MB by ..Schizophrenia is a serious mental disorder in which people interpret reality abnormally. Schizophrenia may result in some combination of hallucinations, delusions, and extremely disordered thinkin {Wikipedia} Billions Billions lol
Looks like we still have 2 to 3 years to go yet until we find out for sure