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"TD Ameritrade tried to steal my LEHJQ escrows for the second time"
Sounds like more than a simple 'mistake'. Tell them you will file theft charges.
"All levels of authority clearly stated, nothing else is coming back."
What is the reason that (escrows/releasing ownership) was FORBIDDEN to go to anyone except by death?
Do you know of ANY other type of Security ownership that has that stipulation?
There must be 'some reason' they want the original release signers to stay in the game.
"They're gone because they both happened to change their minds suddenly, for no reason, and not tell anyone. "
imo, They are gone because they said what they had to say. There is NO NEED to repeat the same thing, hundreds or thousands of times, like some here feel compelled to do.
"In 2011 or 2010, there was a communication from LBHI to BNY stating that CT's won't get paid unless classes 4,5 are fully satisfied and BNYM circulated that notice to CT holders(few)."
Anyone know how far along classes 4,5 are in the process?
"once they have been confirmed as having no active bid/ask, no trading history for at least 12 months"
They have been trading, but sporadically. This is one from today.
LEHKQ
0.0003 11:23AM EST 40,742 sh
FEDERAL DEPOSIT INSURANCE CORPORATION
Sunshine Act Meeting
Last Updated: November 9, 2023
Time and Date: 10:00 a.m. on November 16, 2023.
Place: This Board meeting will be open to public observation only by webcast. Visit https://www.fdic.gov/news/board-matters/video.html for a link to the webcast. FDIC Board Members and staff will participate from FDIC Headquarters, 550 17th Street, NW, Washington, DC.
Observers requiring auxiliary aids (e.g., sign language interpretation) for this meeting should email DisabilityProgram@fdic.gov to make necessary arrangements.
Status: Open to public observation via webcast.
Matter to be Considered: The Federal Deposit Insurance Corporation’s Board of Directors will meet to consider the following matters:
Discussion Agenda:
Memorandum and resolution re: Final Rule on Special Assessment Pursuant to Systemic Risk Determination.
Briefing on the Restoration Plan Semiannual Update.
Summary Agenda:
No substantive discussion of the following items is anticipated. The Board will resolve these matters with a single vote unless a member of the Board of Directors requests that an item be moved to the discussion agenda.
Disposition of Minutes of a Board of Directors’ Meeting Previously Distributed.
Memorandum and resolution re: Designated Reserve Ratio for 2024.
Summary reports, status reports, and reports of actions taken pursuant to authority delegated by the Board of Directors.
Contact Person for More Information: Direct requests for further information concerning the meeting to Debra A. Decker, Executive Secretary of the Corporation, at 202-898-8748.
Authority: 5 U.S.C. 552b
Dated at Washington, DC, on November 9, 2023.
Federal Deposit Insurance Corporation.
________________________________
James P. Sheesley
Assistant Executive Secretary
"Maybe they have just moved on with their lives, knowing this is over (and has been for almost 10 years)."
Then WHY isn't the Receivership closed?
"Dr A had a great analysis but it was not part of bk…."
The FDIC has to maximize the value. Dr. A is a source that the FDIC itself has used.
"The Receiver has fulfilled its obligations and made all dividend distributions required by law."
Then why is the Receivership NOT closed?
Who would do this.....if little value:))
imo, Best to ask the actual parties that are doing the transfer.
I don't believe there is any limit on a Rollover. Plenty of info on the web.
From Bard:
Q;
How many Banks has the FDIC put in Receivership since 2000?
A:
The FDIC has put 566 banks in receivership since 2000.
This includes banks that have failed due to a variety of factors, such as poor management, risky lending practices, and economic downturns. The FDIC's receivership process helps to protect depositors and minimize the impact of bank failures on the financial system.
As of November 4, 2023, there have been 5 bank failures in 2023.
Q:
How many Banks does the FDIC currently have in Receivership?
A:
As of November 4, 2023, the FDIC has 94 banks in receivership.
This list includes banks which have failed since October 1, 2000. You can see the full list here: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/.
The FDIC works to resolve failed banks as quickly as possible. In most cases, the FDIC arranges for a healthy bank to purchase the failed bank's deposits and assets. This allows depositors to continue to access their funds and minimizes the disruption to the financial system.
In some cases, the FDIC may need to liquidate the failed bank's assets to pay depositors and creditors. This process can take longer, but the FDIC is committed to making depositors whole up to the insured limit.
Do we, as current holders, need to file a claim for this?
Thank you for the link.
My info is from Yahoo. Yours is from?
Obviously one is not correct.
It would be interesting to know if EVERYONE'S shares were returned, or just those who complain?
Thank you.
Did they state why they did so, without permission or notice?
ECEZ
https://finance.yahoo.com/quote/ECEZ/key-statistics?p=ECEZ
Implied Shares Outstanding 6 5.04B
6 Implied Shares Outstanding of common equity, assuming the conversion of all convertible subsidiary equity into common.
Who is your broker? Is the Broker mentioned in the letter?
Mr. Cooper Group
11/02/2023
Mr. Cooper Group has added a new SEC filing to its website:
8-K (Current report filing) https://investors.mrcoopergroup.com/financials/sec-filings/document-details/default.aspx?FilingId=17024666
Item 8.01 Other Events
On October 31, 2023, Mr. Cooper Group Inc. (the “Company”) determined that the Company had experienced a cybersecurity incident in which an
unauthorized third party gained access to certain technology systems. Following detection of the incident, the Company initiated response protocols, including
deploying containment measures to protect systems and data and shutting down certain systems as a precautionary measure. The Company launched an
investigation with assistance from leading cybersecurity experts and notified law enforcement.
While the Company’s investigation is ongoing, based on information currently known, the Company does not believe this incident will have a material adverse
effect on its business, operations or financial results.
Cautions Regarding Forward Looking Statements
Certain statements contained in this Current Report on Form 8-K are “forward-looking statements” within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are often identified by words such
as “anticipate,” “approximate,” “believe,” “commit,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “outlook,” “plan,” “project,”
“potential,” “should,” “would,” “will” and other similar words or expressions. Forward-looking statements are based on management’s current expectations
and beliefs concerning future developments and their potential effects on the Company. Forward-looking statements are not a guarantee of future events, results
or performance and are subject to a variety of risks and uncertainties, many of which are beyond the Company’s control. Future events and actual results and
performance could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. Factors that could cause actual
events, results or performance to differ from forward-looking statements include legal, reputational, and financial risks resulting from this cyber incident, the
Company’s ongoing investigation of the incident, including the Company’s potential discovery of additional information related to the incident in connection
with this investigation or otherwise, the potential impact of this incident on client relationships and the Company’s business, the extent of available insurance
coverage, any potential regulatory inquiries and/or litigation to which the Company may become subject in connection with this incident, the extent of
remediation and other additional costs that may be incurred by the Company in connection with this incident, and the risks set forth in Item 1A - “Risk Factors”
in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, as may be supplemented by Item 1A - “Risk Factors” in the Company’s
subsequent Quarterly Reports on Form 10-Q and in the Company’s other periodic and current reports filed with the SEC. The forward-looking statements in
this document speak only as of this date. The Company undertakes no obligation to revise or update publicly any forward-looking statement, except as required
by law. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report.
"the FDIC Receiver sold substantially all the assets of WMB, including, among other things,
the stock of FSB, to JPMorgan Chase Bank,"
Why is it then, that it takes more than 15 YEARS to reconcile the 'little bits' not sold??
imo, One always needs to keep an eye on their holdings. Years ago Fidelity deleted thousands of WAMU(Washington Mutual) shares as worthless. I called and, they were put back. Another time, ETrade deleted thousands of 'worthless' Bonds from my account. I got those put back also.
What are they waiting for? If they expect the SP to rise, wouldn't they buy now?
I truly doubt if he has the ability to comprehend that fact. Hence, the constant addled jabbering.
Wouldn't such a planned cancellation of shares need to be announced?
" Libor is not going to end up being anything big so I am not counting on that to inflate the COOP price either."
Why would you think any LIBOR $$ would go to COOP?
"Can’t buy just sell"
imo, A bit odd. If there was little value, why not let the little 'chumps' buy it?
Anyone think to ask their Broker why the discrepancy?
"And watch the 14bill be paid out of libor first, THEN trickle down happens."
Will the Bonds get back interest at 6%? If so, they need about 34B.
Compound Interest Calculator
https://www.davemanuel.com/compound-interest-calculator.php
As HE continues his planned sales.
This guy doesn't like money???
I believe it would be 1/40th of what a P would get.
1P was $1,000
1K was $25
"he has been messing with my emotions".......
Hands down, that has GOT TO BE the funniest crap you ever spewed on this board....
"Americans owe $688 billion in unpaid taxes, the IRS has said per MarketWatch."
There doesn't seem to be a problem giving that much to everyone around the world.....
"equity holder of the failed bank "
Does that include the Holding Company value?
That's quite a few shares. Were they collected from small investors who sold(we can ONLY sell) after it went on the expert market?
I wonder who the buyer was?
That was November 9, 2022.
"He expressed that he is looking forward to meeting
with the Committee again next year."
November 2023, not far away.
"The FDIC has seemingly unlimited time to close receiverships and do so on their own terms."
Is this to MAXIMIZE VALUES? Or, nefarious purposes?
"It is also not allowing me to pm and I have a paid subscription which allows that function................ AND I no longer show as paid subscriber with the $ sign by my alias"
BBAN, I see your $ on my end.