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If no further distributions are coming, at what point will the escrows be removed from brokerage accounts? Will there be some sort of official announcement addressing this?
garyhavlo, hope you're right. Wonder if the "HEDGIES" are getting a little "antsy" about not getting paid after this extended amount of time.
Could the "HEDGIES" have been "cut a deal"? Isn't it kind of strange that we haven't heard a "peep" from them about the mysterious and long-overdue escrows distributions? I would think with all that is at stake for them, they would express more concern for the lack of activity.
MONICALAW, how does this pertain to escrows?
Royal Dude, Split T, what could this mean for escrows?
I can't figure out where all those assets that were supposedly stored in the Holding Company went. Weren't they "off limits" in the seizure of WM and subsequent sale to JPM as well as immune from the Washington Mutual bankruptcy? So where are they? There must be some records someplace of what officially happened to those assets.Who is accountable to answer these questions?
Pre seizure WM shareholders have needed for years somebody in the House or Senate to look out for their best interests. Kind of like Sen. Ron Johnson is now doing looking into "Obamagate".
Why have no Representatives or Senators EVER tried to look into the seizure of a bank (Washington Mutual) that was solvent. Especially, if given the help some other banks received. I hope it's not too late for that much needed inquiry.
Dmceng4, it would sure help get COOP to $30/share if some escrows distributions would show up.
Wouldn't it be sweet to have an influx of Escrows distributions to use to give COOP's share price a substantial boost? That would be a "match made in heaven" right now.
What if it were revealed that nothing further is coming to escrows? If that's the case, don't escrows holders have the right to know that? Shouldn't an official statement be made if that's the case? Then, how would that be an offense to trading?
So if this is, indeed, the case, wouldn't be nice if Willingham would simply tell patient escrows holders that?
That seems to have potential in getting some much needed, overdue info to escrows holders.
Could an attorney representing escrows file some kind of petition to the court that if ruled favorably on for escrows by the judge would force Willingham to "spill the beans"?
Is there any legal requirement that could force Willingham to explain the status of escrows?
So Large Green, will there be anything left for Class 22? Isn't that where the UWs tried to get out of? Have they got out of Class 22 and into Class19? Are is that what Alice is challenging?
Large Green, you posted, "We know from filings that at least three of these accounts are at Wells Fargo that may be getting very close to dispersing to those investors who signed timely (by 3/2012) releases."
Question, please clarify, how do "We know" this?
Large Green, what about Class 22? Isn't that were most of the commons are?
Agree electrostatic. Lessons learned. But still. I'd think there would be at least ONE politician that would have the combination of fairness and nobility in Washington DC over the years that would identify a serious problem with the Washington Mutual seizure and try to help WM shareholders get some justice. Especially, the pre-seizure WM shareholders. They got "took to the cleaners".
Wasn't Willingham's last comment regarding escrows, "don't get your hopes up" or something like that? Hell, I'd settle for even a little "peep" of guidance like that again. Total silence just seems inexcusable to me. Considering what he's apparently reaped. However, didn't he purchase a million shares of commons? Shouldn't he still be motivated for some nice return on escrows for commons. What's up with that?
Willingham does need to "come out of hiding", so to speak, and give some account of what the status of escrows is. Good or bad. At least some guidance. Is there a legit reason he can't do that on behalf of equity?
What did Royal Dude post regarding "TIMING"?
Right on, goodietime. It sure would be interesting to hear his response to this, "SO, his mentioning approx 30B, three times in Court was for the purpose of......?"
BBANBOB, so who are are some "EC members that HIRED THEM"? Are any on this message board? They should call and find what's going on. And fill possible fellow escrows holders in. We've waited patiently for a LONG time for any substantial developments for our releases. We need some accountability and guidance.
BBANBOB, why are you so defensive about trying to pursue some information? It's long overdue. Maybe there should have been more "BUGGING" a long time ago.
If we were "sold down the River", what would be escrows options, if any?
So how long after Class 19 will it take for Class 22 to be processed and distributed? If there are distributions coming. Any guess?
Which phone number would be the better one to call to inquire about this?
KeyKey, I agree.
Wonder if any escrows holders are attorneys. Wouldn't they be helpful in "getting to the bottom" of this? At least they should have some suggestions and could possibly give some guidance. It appears that we do need some legal help. We probably needed it a long time ago. If nothing else, just to make sure the terms of the releases were being followed in our best interests.
There definitely needs to be an audit taken verifying JPM's required reimbursements for these items. Wouldn't it be nice if there were a quality law firm in place looking out for escrows' best interests on matters such as this?
Large Green, is there a mechanism that will eventually force JPM to reveal whether they paid book value or not for their WaMu bounties?
Large Green, so do you feel WaMu's 299 B in assets is at the FDIC?
Large Green, where are these 299 Billion in assets now? What happened to them?
goodietime, that's a very pertinent question. Hope somebody has the answer.
Does anybody have any guesses as to what has been "under seal" for all of these years? And could it still have significance regarding possible future escrows distributions?
goodietime, obviously, the 100% cranberry juice (no sugar added) without the vodka would be the better choice for health purposes.
Personally, I drink 100% cranberry juice (no sugar added) with a little vodka sprinkled in. Hope the vodka doesn't counteract the vitamin C benefit. lol
Would escrows common (Class 22) have an unclaimed checks situation and have a process to have to claim the distributions? I thought the distributions were supposed to show up in our brokerage accounts.
What would 10 B amount to for common escrows? Would it be around $2/per?
I still can't figure out where the hedge funds are coming from in this escrows thing. Don't they still have a lot riding on getting their "take" in distributions? It puzzles me that we haven't heard a "peep" of discontent or concern from them.