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AZCowboy, since you are taking questions and have 11 posts left, I will ask one pleaseeee. . I will be honest. I really could use some extra money for family issues/bills. You have said we are moving forward. I know you have said you don’t know, but if you had to guess, just your best guess/prediction, do you think P’s K’s Q’s might get paid this year?
Thanks
Nd9
Large Green, ok, I understand. I thought the deleted post explained what "this" referred to and that I missed it (because post was deleted). I didn't realize it was something you were told in confidence. Well, let's hope for the best and thanks for all you do, and sharing what you could to date...
ND9
Large Green, below, you replied to a post that has now been deleted. Your post is very intriguing. Would you please tell me what "this" refers to below?
thanks,
ND9,
"Ok, so in the short term, there is a reason that I will not discuss for this to move forward by the end of June 2023. If what I know is accurate, then we will see this by the end of June but at this point, I will say no more other than hope this will be correct."
Have fun AZCowboy!
Nd9
Yes, it is the same Justin Nelson
Susman Godfrey
https://www.susmangodfrey.com › attorneys › justin-a...
Justin is co-lead counsel for Dominion Voting Systems in its defamation lawsuits seeking accountability for those who have made false claims that Dominion ..
ron_66271, with regards to the date, is it because after 11 years, the 2012 notes have now matured and the dividends (75/25%) can kick in and be paid?... Is that correct?
thanks,
ND9
Ron, and is this the big 75/25% dividend milestone that could happen in 9 days?
Thanks
ND9
ron_66271, only 12 more days before 75/25% kicks in!
It's Easter and I'm praying you are correct :>)
ND9
AZCowboy, sounds great. As you said, things are moving forward. Let’s go, P’s, K’s, and Q’s !!!
Happy Easter !!!
ND9
BBANBOB, I couldn't find a listing of the banks still in receivership.. Id have to go back through all the FDIC's "Notice of termination of receivership" lists.. maybe one of these days when I have more time..
ND9
Total number of bank failures since 2001 = 563
Years Bank Failures
2001 4
2002 11
2003 3
2004 4
2005 0
2006 0
2007 3
2008 25
2009 140
2010 157
2011 92
2012 51
2013 24
2014 18
2015 8
2016 5
2017 8
2018 0
2019 4
2020 4
2021 0
2022 0
2023 2
Total 563 failed banks.
https://www.fdic.gov/bank/historical/bank/
Now, as BBANBOB asked, how many have not had receivership terminated?
Total number of bank failures since 2001 = 563
Years Bank Failures
2001 4
2002 11
2003 3
2004 4
2005 0
2006 0
2007 3
2008 25
2009 140
2010 157
2011 92
2012 51
2013 24
2014 18
2015 8
2016 5
2017 8
2018 0
2019 4
2020 4
2021 0
2022 0
2023 2
Total 563 failed banks.
https://www.fdic.gov/bank/historical/bank/
Now, as BBANBOB asked, how many have not had receivership terminated?
MadBadger, great point. I hadn’t thought about it that way but you are correct! We are closer!
Happy Easter!
Nd9
Note that a lot of these banks on the list are small and seized by FDIC in 2009/2010... WMI was humongous.
Note that a lot of these banks on the list are small and seized by FDIC in 2009/2010... WMI was humongous.
4/7/2023 Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 04/07/2023
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10019 Freedom Bank Bradenton FL0 4/01/2023
10020 Security Pacific Bank Los Angeles CA 04/01/2023
10022 The Community Bank Loganville GA0 4/01/2023
10030 1st Centennial Bank Redlands CA 04/01/2023
10038 Riverside Bank Of The Gulf Coast Cape Cora lFL04/01/2023
10163 New South Federal Savings Bank Irondale AL04/01/2023
10199 Appalachian Community Bank Ellijay GA 04/01/2023
10215 Lakeside Community Bank Sterling Heights MI 04/01/2023
10291 Maritime Savings Bank West Allis WI 04/01/2023
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on April 3, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–07259 Filed 4–6–23; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2023/04/07/2023-07259/notice-of-termination-of-receiverships
4/7/2023 Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 04/07/2023
The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10019 Freedom Bank Bradenton FL0 4/01/2023
10020 Security Pacific Bank Los Angeles CA 04/01/2023
10022 The Community Bank Loganville GA0 4/01/2023
10030 1st Centennial Bank Redlands CA 04/01/2023
10038 Riverside Bank Of The Gulf Coast Cape Cora lFL04/01/2023
10163 New South Federal Savings Bank Irondale AL04/01/2023
10199 Appalachian Community Bank Ellijay GA 04/01/2023
10215 Lakeside Community Bank Sterling Heights MI 04/01/2023
10291 Maritime Savings Bank West Allis WI 04/01/2023
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on April 3, 2023.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2023–07259 Filed 4–6–23; 8:45 am]
BILLING CODE 6714–01–P
https://www.federalregister.gov/documents/2023/04/07/2023-07259/notice-of-termination-of-receiverships
ron_66271, thanks for all you do. I am currently on my iPhone but when I get home and get on my computer, I will go back and reread all your posts.. I don’t remember what the upcoming milestone is (in 19 days).. but we’re all almost 15 yrs older, than when we started this journey, so I don’t remember as well as I once did, lol.
Thanks,
Nd9
Foreign Controlled? I have been working all day and haven't read all the responses but the first thing that jumped into my mind was Soft Bank, which owned Fortress, which controlled Nationstar Mortgage.
ND9
Thanks AZCowboy. I owned P’s, K’s, and Q’s. I released and I have not given up!!
ND9
Nolte: Janet Yellen Admits Government Choosing Bank Bailout Winners and Losers
*****************************
Geee, same as 2008. Fed Govt chose winners and losers...
******************
Nolte: Janet Yellen Admits Government Choosing Bank Bailout Winners and Losers
JOHN NOLTE
17 Mar 2023
Treasure Secretary Janet Yellen admitted to the U.S. Senate Thursday that the government is choosing winners and losers in the rigged bank bailout lottery. And wouldn’t you know it, the losers sure look like the smaller community banks the big banks (and Democrats) would love to see eliminated.
Oklahoma Republican Sen. James Lankford asked Yellen a very simple question:
Will the deposits in every community bank in Oklahoma, regardless of their size, be fully insured now? Are they fully covered, every bank, every community bank in Oklahoma, regardless of the size of the deposit? Will they get the same treatment that SVBP [Silicon Valley Bank] just got or Signature Bank just got?
Please look very closely at Yellen’s terrifying answer:
A bank only gets that treatment if a majority of the FDIC board, a super majority of the Fed board and I, in consultation with the president, determine that the failure to protect uninsured depositors, would create systemic risk and significant economic and financial consequences.
In other words, if the FDIC likes your bank, the depositors are insured. If not, the depositors are not insured over $250,000, which means what?
It means that people will withdraw their money from community banks and hand those deposits over to a handful of fascist giant banks that not only own almost all the banking but will refuse to do business with you if you hold certain political opinions they find offensive… Oh, and you can bet those political opinions they find offensive will always-always-always be conservative opinions.
Lankford understands what these corrupt crony capitalists are up to and follows up with this:
“So what is your plan to keep large depositors from moving their funds out of community banks into the big banks?” Lankford asked. “We have seen the mergers of banks over the past decade, and I’m concerned you’re about to accelerate that by encouraging anyone who has a large deposit in a community bank to say, ‘We’re not gonna make you whole, but if you go to one of our preferred banks, we will make you whole at that point.’
Now that Yellen had been exposed and busted, she chose to answer this important question by playing stupid…
“Look, I mean, that’s certainly not something that we’re encouraging,” she said.
Lankford responded with the obvious: “That is happening right now!”
Yellen’s idiot act continued:
That is happening because depositors are concerned about the bank failures that have happened and whether or not other banks could also fail…
Lankford again tried to get her to answer the only question that mattered…
No, it’s happening because you’re fully insured no matter what the amount is if you’re in a big bank. You’re not fully insured if you’re in a community bank.
Watch the full testimony below. It’s only a few minutes…
Must watch. Yellen has no idea how to answer the question and admit they’re arbitrarily making it up as they go. Senator Lankford stays pointed and calls it as it is. Truly terrifying.
pic.twitter.com/q8Xc4So0j0
— Autism Capital (@AutismCapital) March 17, 2023
I hope everyone understands what’s happening here…
By informing the public that their money is only safe in those big banks the Democrat party favors, everyone will deposit their money in the big banks and effectively bankrupt community banks or force them to give up the ghost to the big banks.
That’s just step one.
Step two is worse.
Once the big banks control all the money, they will also control everything else, including what kind of business you can run, what you can and cannot say on social media, and what opinions you can hold…
How would you like to live in a world where a gun store has no place to bank or run a credit card payment?
How would you like to live in a world where a mall owner cannot rent to a gun store?
How would you like to live in a world where your accounts are closed if you tweet a biological fact like, “Trans women are men?”
You might not want to live in that world, but that is the world the Democrat party seeks, so they are in the process of deliberately undermining faith in community banks.
It is always about control through centralized power.
Never let a crisis go to waste.
Follow John Nolte on Twitter @NolteNC. Follow his Facebook Page here.
https://www.breitbart.com/politics/2023/03/17/nolte-janet-yellen-admits-government-choosing-bank-bailout-winners-losers/
Large Green, yes, it is embarrassing for fdic.. SVB failure is second largest, and reminds everybody wamu is #1.. yet fifteen yrs later and fdic are still working on wamu.. ridiculous.. plus jpm and fdic probably don’t want people remembering wamu.. let’s hope you are correct and this ends soon..
Nd9
What happened to bullish pennant?
I still don’t believe jpm can buy wamu. Just look at the post that I am replying to and read the rule that was put in place, basically meaning that if a company like Jpm was in anyway responsible for taking down wamu, they then can’t buy wamu..
But the fdic termination of receivership, of some small banks, is taking 10+ yrs also.. wamu was humongous…
wwhatthe, thank you very much for that clarification. I was really worried. Now I can sleep tonight.
Thanks again,
Nd9
But the hedge fund were buying AFTER the petition date (9/26/2008).. so that petition date can’t be the deadline for getting a future distribution..
Jmho
Nd9
AZCowboy, the rock! Just like the rock said…. Very, very interesting.. the estate has just been hiding the sausage and playing games, using names like eclipse, wand, etc.. Jerks.
Like Boarddork, later tonight when I get off work, I will also try and do some research.. Hope I can find something.
Thanks again AZCowboy!
Nd9
Kosmos isn't in JDZ. They also gave up blocks in Namibia a couple of years ago during oil crisis. They are still in STP EEZ.
Boris, did you expect her to tell you the exact opposite, from what her boss has said repeatedly, in court, for several years? Seriously, are you that naive?
I have held erhc for about 20 yrs and believe in erhc but “hundreds of billions” is crazy talk and not realistic..
Just look at kosmos energy.. they discovered 100 trillion cubic feet of natural gas, offshore Senegal and Mauritania.. the 4th larger natural gas find in history !!!!!! Do the conversion from natural gas to oil.. it’s basically billions of barrels.. yet kosmos isn’t worth “hundreds of billions.” Just because you have oil assets or find oil and or natural gas, doesn’t mean you can produce the oil.. you need partners and an infrastructure that costs billions and billions.. so even if erhc has lots of oil in their blocks, they will have to give up huge percentages to partners, in order to bring it to market… so erhc will never be worth hundreds of billions..
Jmho.
Nd9
Shell probably got mad at GALP and STP for talking about JACA-1... So they both had to retract their positive comments... Especially GALP saying STP acreage was a diamond..
Why does latest mr cooper group 10k, Exhibit 21.1, still show 3 nation Star subsidiaries to Registrant (i.e., mr cooper group)?
Another is that Roosevelt owns Rushmore? I think, need to keep researching..
Nd9
One interesting item is that Roosevelt was formed in 2008. During the financial crisis and when wamu was seized.
Nd9
oldoil, for STP EEZ Block 6, even though GALP was the "operator," they didn't have the technical expertise and experience needed for the engineering associated with the drilling/exploration. That was really done by Kosmos Energy.. then Shell came on board, and then, because of the oil price crash, and Kosmos cash flow financial crisis, Kosmos withdrew and Shell finished the job.
I can't remember but I think the drillship spent almost 100 days at the JACA-1 location and they found nothing? Seriously? I think Shell is probably hiding the truth and waiting, to try and take over the rest of the STP EEZ blocks from GALP, ERHC, Kosmos, etc, at a much lower price.. The supermajors have the money and can wait. Especially now that they (Total and Shell) have so much money going into new Namibian development fields..
ND9
That's true but without Shell, BP, or Kosmos, or somebody with deep water experience, GALP can't do much. Although they were considered the "operator" in Block 6, in reality, they needed help with all the drilling engineering and operations. They just don't have the experience and technical know-how.
Latest 10K says preferred shares were retired but also, 10m shares of preferred are still authorized.
ND9
**********
Earnings Per Share
The Company computes earnings per share using the two-class method, which is an earnings allocation formula that determines earnings per share for common
stock and any participating securities according to dividends declared (whether paid or unpaid) and participation rights in undistributed earnings. The Series A
Preferred Stock is considered participating securities because it has dividend rights determined on an as-converted basis in the event of Company’s declaration
of a dividend or distribution for common shares. In the third quarter of 2021, the Company retired its preferred shares. As of December 31, 2022 and 2021, the Company had 10 million preferred shares authorized at $0.00001, with zero shares issued and outstanding and aggregate liquidation preference of zero dollars.
https://s1.q4cdn.com/275823140/files/doc_financials/2022/q4/ec79fd6c-25a7-4616-8a8a-ea97c6e1385f.pdf
Newflow, nice work. ND9.
Newflow, I don’t remember that and have searched, and can’t find it. Do you have a link?
Thanks
Nd9