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"thinking about the devil?"
Hard not to when seeing some of your posts....
BBAN, At this point how can anyone not be aware of that??
Boggles the mind. imo
****SCHEDULE 3.2 - Purchase Price of Assets****
https://www.fdic.gov/foia/files/washington_mutual_p_and_a.pdf
It's only 44 pages
"Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book" .
SCHEDULE 3.2 - Purchase Price of Assets
(a) cash and receivables from depository Book Value
institutions, including cash items in the
process of collection, plus
interest thereon:
(b) securities (exclusive of the capital stock of Market Value
Acquired Subsidiares), plus interest
thereon:
(c) federal funds sold and repurchase Book Value
agreements, if any, including interest
thereon:
(d) Loans: Book Value
(e) Other Real Estate: Book Value
(f) credit card business, if any, including all Book Value
outstanding extensions of credit:
(g) Safe Deposit Boxes and related business,
safekeeping business and trust business, if Book Value
any:
(h) Records and other documents: Book Value
(i) capital stock of any Acquired Subsidiares: Book Value
(j) amounts owed to the Failed Ban by any Book Value
Acquired Subsidiary:
(k) assets securing Deposits of public money, Book Value
to the extent not otherwise purchased
hereunder:
(1) Overdrafts of customers: Book Value
(m) rights, if any, with respect to Qualified Market Value
Financial Contracts.
(n) rights of the Failed Ban to provide Book Value
mortgage servicing for others and to have
mortgage servicing provided to the Failed
Ban by others and related contracts.
(0) Bank Premises: Book Value
(p) Furniture and Equipment: Book Value
(q) Fixtures: Book Value
Then we have this ....................
.......................... the Assuming Bank includes, but is not limited to, the entities listed on Schedule 3.1a. Notwithstanding Section 4.8, the Assuming Bank specifically purchases all mortgage servicing rights and obligations of the Failed Bank.
http://blogs.reuters.com/alison-frankel/files/2014/10/jpmorganMBStrustee-jpmSJmotion.pdf
Mortgage servicing rights—the right to collect and process mortgage payments in return for servicing fees and other compensation—are a valuable asset, and JPMC valued WMB’s mortgage servicing rights at $5.8 billion, [ redacted ] (Ex. 324 at 94; see also Barren Tr. at 37:16-38:15.) The GSEs’ position as to this major WMB asset understandably concerned JPMC, which had “specifically purchase[d] all [WMB] mortgage servicing rights” from the FDIC. (P&A Agr. § 3.1.)
Gosh lodas, Even the PA&A states money is coming to us.....
"you are an uninformed imbecile"
Now that is a self description, if ever there was one.....
If so, they have a boat load. AND JPM would have a pretty good idea of their future value.
"Wonder how many escrows JPM owns."
Well, JPM forced all of the transferred employees to sell their WAMU stock. I wonder if JPM bought them and released them?
https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/
Who can access the Expert Market?
Quotations in Expert Market securities are restricted from public viewing. Only broker-dealers and professional or sophisticated investors are permitted to view quotations in Expert Market securities.
Despite the restrictions on who can view quotations, the Expert Market does not impose restrictions on who can trade securities. Rule 15c2-11 governs a broker’s ability to submit, publish or distribute quotations (i.e. bids and offers) in OTC securities. The Rule does not apply to the underlying transactions or the ability of an investor to buy or sell a security.
Contact your broker for information concerning restrictions or qualifications for accessing Expert Market securities.
"will not allow me to buy; only sell"
--- only 'certain people' can buy, and 'someone' IS buying them?
Odd, if the security has no future value?
imo
Boris, To my belief, there are MANY people/Financial Institutions/Banks/Hedge Funds with an interest in the outcome of this WAMU saga.
Are 'they' willing to totally trash any confidence in the US Financial world by not ending this fairly and transparently? imo, no. Hence we get paid.
I never once said it was over. Quite the opposite. It will be over when payments are received.
LOL!!!!!
" Not interested in hearing about your 195,000 U's..."
NOW, I think I understand lodas, he must be under the impression that he has to make a post, for each of the U's he held. Well, he must be half way there....
Perfectly explains it!!!
I'm not a legal person, so I am asking if it was the Judges place to question her, instead of waiting for the UW's to bring up any type of objection?
" If this is true, I can't even believe she went to court on hearsay twice removed with no proof or names."
Did ANYONE in Court question her assertions? A bit odd? No?
"Although the FDIC all entities have stated there is nothing left to distribute to old escrows and now you are saying there is….. "
pick, Explain to us, HOW the FDIC can tell you what is going to happen to assets OUT OF IT'S CONTROL?????
They all look like they are still trading....
https://quantumonline.com/search.cfm
"Completion of 2.1 million repurchased share?"
It looks more like the selling of shares....
From sometimes_wrong on the other Board:
SEC Form 24F-2NT gives investment companies a way to sell additional securities while remaining in compliance with SEC rules and regulations. It provides a single place to record all of these sales and send them to the SEC. The ability to file online also helps the forms to be processed and published more quickly.
SEC Form 24F-2NT Definition - Investopedia
www.investopedia.com/terms/s/sec-form-24f-2nt.asp
I told you. eom
I did.
Does WMIH have any control over Holding Company assets?
There was no name mentioned in that post. So, by answering, you admit you ARE a mole....
" I wasted a post already responding to a milksop.....Lodas"
Aren't derogatory comments such as this a violation of TOS?
"I saw the light of no money returning and saved me years of anguish in waiting for nothing."
Say what.....
Your every post reeks of anguish.
It can be added to the chip, implanted at birth.
New Docket
https://dm.epiq11.com/case/lbh/dockets/61584?debtorId=1906
Docket # 61584
Filed Jul 17 2023
Transfer Agreement FRBP. (See Schedule I for Amount/Unit), Transferors: Credit Suisse (Schweiz) AG (Claim No. 55829) To UBS AG, Switzerland filed by UBS AG, Switzerland. (Lopez, Mary)
Debtor 08-13555 Lehman Brothers Holdings Inc.
Perhaps there are groups who plan on keeping their shares?
https://finance.yahoo.com/quote/COOP/holders?p=COOP
Major HoldersCurrency in USD
Breakdown
3.19% % of Shares Held by All Insider
89.61% % of Shares Held by Institutions
92.57% % of Float Held by Institutions
352 Number of Institutions Holding Shares
ND, That makes some sense. Thanks for the reply.
"If no settlement occurs after the statute passes, then I contend lawsuits will be filed against JPM and the FDIC.
And with billions involved it's all but certain. "
..." after the statute passes, then I contend lawsuits will be filed..."
HOW?
"It's billions imho and again WHY would they be in any hurry"
Possibly, but on the other side, aren't the large holders of 'escrows' losing by this long wait?
New Docket
Docket # 61583
Filed Jul 13 2023
Certificate of Mailing of Claims Agent in re: May 2023 Post-Effective Operating Report; Quarterly Financial Report as of April 6, 2023 (related document(s)[61579], [61578]) filed by Epiq Corporate Restructuring, LLC.(Garabato, Sid)
Debtor 08-13555 Lehman Brothers Holdings Inc.
https://dm.epiq11.com/case/lbh/dockets/61583?debtorId=1906
"Only certain of many bonds, are actually paying now. These are now re-labeled with cusips from (xxxx)"
Boarddork, Can you list the old CUSIPS or the re-labeled CUSIPS?
Thank you.
New Docket
https://dm.epiq11.com/case/lbh/dockets/61582?debtorId=1906
Docket # 61582
Filed Jul 12 2023
Notice of Withdrawal Notice of Partial Withdrawal of Claim 56669 filed by Jonathan Chi-Shoong Cho on behalf of The Hongkong and Shanghai Banking Corporation Limited. (Chi-Shoong Cho, Jonathan)
Debtor 08-13555 Lehman Brothers Holdings Inc.
"I think the $coundrels already STOLE Everything from us related to our "F&R" Recoveries Looooong Back by now..."
If so, why did people show up in Court to confront Alice Griffin?
" But the guarantees were expunged. "
These are opposites. So 'obviously', there was no real guarantee.
Was there 'misinformation' stated in the prospectus???
" but imho they are not allowed to buy the reorgd debtor of the bank, since they were involved in the tank down."
I would agree, but would they be allowed to buy the entity who did buy the reorgd debtor?
'We bought X, who just so happens to now own reorgd debtor.' With all the mergers and acquisitions nowadays, would JPM be prohibited to buy anyone with ties to old WAMU?
??
"trumpitis"
LOL!!! Still in your head.....
Go RGBP, to the moon.
Lehman Brothers Holdings Inc. (Chapter 11)
Case # 08-13555
Docket updates for Tuesday, July 11 2023.
Docket # 61581
Filed Jul 11 2023
Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Credit Suisse (Schweiz) AG (Claim No. 55829) To Bank Julius Bauer & Co. Ltd, Zurich filed by James I. McClammy on behalf of Bank Julius Baer & Co. Ltd.. (McClammy, James)
Debtor 08-13555 Lehman Brothers Holdings Inc.
View on Website
https://dm.epiq11.com/case/lbh/dockets/61581?debtorId=1906