Love your zeal here; however, I think we might want to consider the language for response. Letter vs. filing a motion for objection. Could be Rosen's keen way of confusing shareholders in how to ojbect.

I will work on an Ojbection to file and may even personally submit to the court.

There is really no good reason for the debtor to require the declaration of share ownership to be included on the objection. The debtor can clearly obtain such information from the brockerage firms from which these notices have been dispersed. Again, another carefully crafted stipulation to minimize the response from US. The key question is....

What if several concerned shareholders responded in tandem to officially object and pooled shares in a cumulative declaration vs individually stating share values, wouldn't this still be considered compliance?

I am not talking about soliciting a massive movement to join on one ojbection but I am thinking those of you who know each other could enjoy the public anonimity of share value declaration if you submit together.

What are your thoughts on this???? WithCatz, Holler...anyone??


Only have one other post for the day, so I will use it sparingly.

TIA
BONE

Basically, Rosen is playing games. No surprise there.

Soliciting our objections to show the court he has done his job yet doing so with very strict guidlines and a fairly ridiculous response deadline.

Joyce (a former EC member) has posted this on Yahoo to aid as a guideline in forming your response.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=453105&mid=453105&tof=8&frt=2

Let's give that SOB a paper tsunami!

GLTA

Ironically, this is the first time we shareholders are ASKED to give our objections. All letter efforts of past have been organized by US and have been highly successful. It would be a crime to NOT respond. This opportunity to YELL loudly that we OBJECT to this obnoxious BS is far to important to pass up.

It just chaps my ass that Rosen is using the short notification/response deadline tactic to deter anyone from being heard. DON'T let him off the hook.....bombard that SOB with the endless mountains of letters he is asking for!!

Flip him the hammermill bird and be heard!!!

JMO

I think you give the guy too much credit. I have seen his antics in the court room and as sophisticated this bad cop may be, he would have to be Einstein like genius to conjure up this plan.

I think the assets are there and it will be a game to see what and how documents are turned over to the EC. THJMW has made it clear she will not tolerate a delay; however, I am certain Rozen will give enough to appease the court and still find a way to withhold the most important information until threatened by her wrath.

A game of time at this point.

IMO

I hear ya. They have done this just about everymorning and late afternoon for about two weeks. MM pumping the stock up then dropping it quickly. Around 10:30 am it settles for the awhile then bam 3:00 starts again.

Just my observation but I think your seeing it too:)

BOne

This is very helpful. I see it on Sept. 25th 2009; however, still having trouble finding the details to the deal and why it is refered to MONA? Will continue to search but if anyone has more to share all is welcome.

Thanks so much
BOne

Thanks for this information. Could you shed some light on the China asset sale please. I have searched but do not find what your are citing here.

TIA

BOne

I love the concept and have added the go800 to my contacts with the (46800). Gave it a test spin with American Arlines and was giddy when I got my call back....

Very useful indeed! Nice stock movement too!!!!

GM, been reading and doing my DD. Thanks to a few kind soles who sent great links on background.

Sounds like a very promissing service but how does it actually work...I add go800 to my contact list where it contains a number (????)and when I want to use I just text (that contact) a keyword like Pizza hut and it will relay me to my local franchise???

Any help you can give on a practical understanding would be appreciated.

TIA.

Think it's a good idea with the hearings forthcomming.

Just curious....what are you including in you materials?

TIA

Post Unavailable

Additional Information

Very helpful indeed. Thank you for that post. The techonlogy is of it's time. One employee....hmmmm. I will have to do a little further DD. Thank you and GLTA

Ok so I'm new to this board but when I see something trading 85million shares I gotta ask what's so hot about this stock. I read the IBox and see only 927 shareholder. It's an interesting concept; however, anyone have a chance to try it?

Any info or insightful words of wisdom will be greatly recieved.

Joinder officially filed....document pulled from ghost.

http://www.ghostofwamu.com/documents/10-50731/10-50731-0007.pdf

Good going shareholders!!!!!

That's an interesting question...

Fantastic post! Thanks that was worth reading at the end of a long day. Keep them comming.

Just curious....isn't it a judge that puts an order on a person not a lawyer??? Sounds iffy. Please claify because I am not a lawyer and had no clue one could do this.

TIA

That is incredibly heart felt. Thanks for sharing it.

I think this agreement was dead before Rosen left the court room at the last hearing. Still believe it was an underminded attempt to keep the judge from ruleing.

I think she is my new hero! Can't wait to see how the hearing will pan out with the EC intervention at hand. What a show it will be...if not canceled.

Interesting, yet still a very positive and powerful move for shareholders to make. How do you see the possible approval of March 3, 2010 as record date affecting this?

They have done a really nice job! Thank you.

Thank you very much!

Agreed. We don't here from all the palyers but several have a significant understanding of these preceedings and all have been locked down from trading while representing our interests. They won't be passive one bit.

You may need to delete some cookies from your computer. Then try again.

www.wamuequityrights.org. It seems to be working properly at this time.

TAKE ACTION!!!

www.wamuequityrights.org

Taken directly from this site.

How you can excerise your rights as a WMI shareholder
Take action 3/17/10: A group of shareholders is organizing to file a joinder to the Equity Committee's legal action to compel WMI to hold a shareholder's meeting. A joinder is "a joining of causes of action in a lawsuit" or "a joining of parties in a lawsuit". Individual shareholders can choose to be added to the joinder, and we hope to get thousands of shareholders to participate and show their support for the Equity Committee's efforts. When the details have been finalized, each shareholder will be able to submit a form from this web site indicating that they would like to have their name added to the joinder. We are hoping to have the necessary shareholder form available on this web site within the next day or so. A very quick response from shareholders will be needed because the timeline for filing the joinder is very short. Please monitor this page for additional information.



In addition, you can help us prepare to mobilize for the expected WMI shareholders' meeting by:

learning about your rights as a WMI shareholder;

learning about the role of the Equity Committee in representing shareholders;

learning about why replacing the WMI Board of Directors is in our best interest;

spreading the word about this web site to other WMI shareholders and helping them understand the need to replace the Board of Directors;

continuing to check this web site for new information;

being prepared to take action in a timely manner when we issue a call for action.

Take Action!

www.wamuequityrights.org

Posted directly from the site.

How you can excerise your rights as a WMI shareholder
Take action 3/17/10: A group of shareholders is organizing to file a joinder to the Equity Committee's legal action to compel WMI to hold a shareholder's meeting. A joinder is "a joining of causes of action in a lawsuit" or "a joining of parties in a lawsuit". Individual shareholders can choose to be added to the joinder, and we hope to get thousands of shareholders to participate and show their support for the Equity Committee's efforts. When the details have been finalized, each shareholder will be able to submit a form from this web site indicating that they would like to have their name added to the joinder. We are hoping to have the necessary shareholder form available on this web site within the next day or so. A very quick response from shareholders will be needed because the timeline for filing the joinder is very short. Please monitor this page for additional information.

They won't be. Hold on, tomorrow is going to be interesting.

Site is ready and being tested for electronic signatures. Hopefully later today.

Good thinking! Seems you have nailed it IMO.

If your refering to the one that asked Rosen about the type of filing? That was Jorian. Ronsen responded that the filing would be a 9019, which is ironic simply because that is the rule for following a fair value principle.

As for Equity, we WILL prevail. Shareholders are working on filing a joinder to the EC SJ filing and we will need do our part and sign the petition. Not to be confused with letter requests by Wamutruth, this document include ever single shareholder who signs and will be legally recognized by the court.

Should be out this morning.

Nope! Jorian was there. Spoke to him myself:)

Points to remember:

1. The UST has bared the EC from communicating with us. Even if they could, they certainly would not ink out the entire game plan for the enemy to see. Our boards are monitored.
2. THJMW has the job of ensuring creditors get paid in a BK not the owners; however, she has allowed for the formation of an EC and will recognize their motions, requests and petitions. Any letters sent to the court are simply just that, letters of sentiment not power.
3. Taking cues from Venable/EC’s SJ Submission leads me to believe we should be supporting the EC efforts in petitioning the court for the SJ to intervene for a shareholders annual meeting. Therefore, legally supporting our EC and creating a higher sense of urgency for our voice to be recognized.
IMHO
VeeVee

Exactly!!!!

No doubt, yesterday was a trying day for all of us. I went to the hearing and felt rather raped by the declaration points identified in the settlement agreement. I apologize for not reading though all posts; however, feel it is necessary to be realistic with regards to the EC and our position.
Please remember the EC is a viable entity; yet, are currently in the process of filling pertinent documentation allowing participation in the negotiations of current settlement proceedings. JPM, FDIC, and WAMU attorney's are very cognizant of the time constraints faced by the equity shareholders; thus, taking advantage of time needed by our attorney's to enter the arena. This being said, they have arrived at settlement avoiding an arbitrary decision from THJMW and the inclusion of equity shareholders. Not a problem. We must rally and remember we have time on our side with regards to the annual meeting and election of a new board.

Given the current schedule of March 26th for the presentation of a written settlement and approval of all three boards...I think it is safe to say rally for petition of an annual meeting; whereas we elect to vote for our new board shall certainly derail these rather insidious intentions.

We must now pull together to support our EC and petition the court the replace the board.
VeeVee

Wow, that's a tantalizing tidbit. Nice work!

VeeVee

It was my pleasure. German was hard to read as we received many letters from Europe. I am very proud of our board and know they are remarkable people. Their shares have been locked for trading since appointment. A tough position indeed

Good luck gentlemen!

VeeVee

I agree we have certainly been taking a beating. Much speculation and highly educated opinions have kept us glued to our monitors all week.

I am truly grateful for the EC and helped with some of the leg work in its establishment. My main concern is that Venable has been able to file to appropriate motions to enable the EC voice to be heard during tomorrow’s proceedings. As we have learned, timing has been paramount. I will be there to watch and hope no further delays are permitted.

Thank you all for your helpful and candid opinions.

VeeVee

Good point. Were exactly did this get filed and can you access it?