Washington Mutual Mortgage Reinsurance, Inc. - stock holders won in this major bankruptcy case.
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You 2 are antagonistic and fuel your own fire. Oh well...deal with it. I guess if it wasn't you it would be another couple useless clowns.
You, not we.
We try WAY TOO HARD TO BE INNOCENT. BULLY MUCH?
Thank you for sharing. It's the devil's business. Fortunately, as has been mentioned, ihub will be encouraged to filter these posts for the greater good! The Very least they should be doing in the meantime is a huge disclaimer on every board: SOME POSTERS HERE ARE PAID LIARS
Dung dong
Yep, community involvement can lead to personal healing when pride is relinquished to honest reflection.
Accelerating legal proceedings such as these may be a good job for AI.
Ding dong
Thanks to Royal for sharing a source with perspective on our "system".
Royal, Who and when was this article published?
Ding dong
I apologize if I'm supposed to know this answer, but since you quoted this text who are you quoting?
Ding dong.
At the very least I enjoy my efforts to communicate with the LLMs and gpts cuz they do not include emoting about anything, just the "facts".
And, the replies always carry a little courtesy.
Yes, as I read that section, the structure of the mess seems well described.
OT but, armed guards were a thing when few had guns... now a guy with a gun who hangs out with someone who must fear for their life.
Thought provoking...that an armed guard can't tell who's carrying but a perp knows the gaurds are. Idk.
Jamie, intervention is required but no one around him, apparently, thinks there's anything wrong. lol
(I'm being vague so as to be generally correct)
Missing the point repeatedly and over and over again, you are.
Auditing accounting services has shown a reason to doubt much corporate accounting. The "name game" mixed with the shell game used with COOP and my investment also most likely include more accounting errors than the past, reportedly: https://fortune.com/2023/07/26/pcaob-audit-completely-unnacceptable-error-rate-enron-big-4-consulting/
Agreed. I sense a feverish penchant for being right. And alone.
If we have learned one thing, it's this!
Perfect example of a false choice when both are true. Just noticing a common breakdown of reasoning.
F yes, and thank you...for everything. It's a breath of fresh air to see such a well composed post.
I'll clean up my DD.
Ok, for Lodas, there is no soup. He said it, not me. I'm simply clarifying his stance: it's over, he wrote.
Not for me. AND, if he is flabbergasted, I apologize but maybe a few mote decades around the sun will relieve him if of his uncomfortable surprise.
I don't see it on this list, but it's OK, cuz is not the whole story.
I prompted:
"JP Morgan Chase has a long history of paying claims as defendant in financial illegalities. Give me 20 chronologically."
ChatGPT
"As an AI language model, I don't have real-time data, and my knowledge is up-to-date only until September 2021. Up until that time, JP Morgan Chase has faced various legal challenges and controversies related to financial illegalities. However, please note that the list provided below is not exhaustive and may not cover every single case or event in chronological order. Here are 20 examples of legal challenges and settlements involving JP Morgan Chase:
2002: JP Morgan Chase settles with regulators over conflicts of interest in its research practices during the dot-com bubble.
2003: The bank pays a $80 million settlement to the SEC for its role in Enron's accounting fraud.
2005: JP Morgan Chase pays $2.2 billion to settle charges of aiding and abetting WorldCom's accounting fraud.
2009: The bank settles with the SEC for $75 million over allegations of improper handling of auction-rate securities.
2011: JP Morgan Chase agrees to pay $153.6 million to settle charges of misleading investors in a mortgage security transaction.
2012: The bank faces scrutiny and criticism for its $6.2 billion trading loss related to the "London Whale" incident.
2013: JP Morgan Chase pays $13 billion to settle claims related to the sale of faulty mortgage-backed securities.
2013: The bank faces a fine of $920 million in relation to the "London Whale" trading debacle.
2014: JP Morgan Chase pays $1.7 billion to victims of Bernie Madoff's Ponzi scheme for its failure to report suspicious activities.
2015: The bank settles for $550 million over charges of manipulating foreign exchange markets.
2016: JP Morgan Chase agrees to a $264 million settlement to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA).
2017: The bank faces a $53 million fine for improperly handling ADRs (American Depositary Receipts).
2018: JP Morgan Chase agrees to pay $65 million to settle claims of benchmark manipulation.
2019: The bank faces a lawsuit over allegations of charging customers excessive fees for cryptocurrency purchases.
2020: JP Morgan Chase pays a $920 million fine to resolve investigations into market manipulation in precious metals and U.S. Treasuries markets.
2020: The bank faces a class-action lawsuit over allegations of charging higher interest rates to customers of color.
2020: JP Morgan Chase agrees to pay $250 million for weak internal controls in its wealth management business.
2021: The bank faces allegations of discriminatory lending practices and settles for $22.5 million.
2021: JP Morgan Chase agrees to pay $920 million to resolve investigations into its role in the fraudulent sale of mortgage-backed securities.
2021: The bank faces regulatory scrutiny over its handling of customers' investments during the GameStop stock trading frenzy." ChatGPT
Rash statement not likely true but stated as fact.
Have you tried to find a correlation with these AH trade amounts and the daily trade volume?
First point is, imo, false. The rest us predicated on false pretense.
Duh! How many times does this message have to be posted?
The remote assets are not at the FDIC. SEE?
But, scheduling forward progress on all fronts involved in clearing the books on these issues involves the FDIC, apparently.
And I thought it was hungry I'm supposed stay. By the way, staying hungry works for longevity and it isn't a metaphor. Lol
It ain't over so Lodas is Off Topic all the time. lol
The prognosticator's logic is flawed as it relates to the future because it is mostly a self fulling prophecy. It's a mental dilemma that requires significant personal development work to transcend.
Nothing is proven except what water is under the bridge.
You have proven that there is nothing more coming to legacy shareholders who had escrow education shares? It's a question, not fact. Have you?
In my opinion there ought to be a law that reigns in FDIC incompetence or extended time on this case!
We must learn how to improve our processes given what we have learned. Too big = too f'n big and so must be modified for management purposes in the best interests of we the people.
Excellent question. Thank you for this one.
I expect that my ownership and title go shares in WMI remain part of the corporation under any other name and with any other management because our corporate law says so.
Now, the end of the BK DID NOT EFFECT THE obligation of our corporation to honor its security holders. Even though there has been no overt indication of related assets the company has them. Are they crazy? Do they refuse the benefits of remote assets?
That's why expect to hear something about the assets to emerge, and I might receive $ due to my investment in 2008.
You seek to undercut the logic that title of such property is in question.
Title and "ownership" is a rational expectation among investors.
Not seeing the path to returns is uncomfortable but with private firms involved we cannot expect complete transparency.
I don't want to call out other posters anymore. It's a waste.
But, discussing the finer details of Plan 7 is worth it.
Asking convoluted questions, like why the judge didn't do this or that is endless speculation.
I did the other day too. He's not heavy...he's my brother...just here to serve.
Resistance is not futile. I forsee a day when conscious autonomy; informed independence, is wrestled away from the power mongers through attrition.
Negative strategies to counter negative behavior are a self consuming, self defeating, pattern seen for thousands of years.
Heroes stick together!
Make it so!
I'd be glad to be shown wrong about royal's record and/or ihub bias! Seriously.