This is the incorrect ballot. You should look for the Beneficial Ballot for Class 22 for common and Class 19 for preferred.

The voting nominees will gather the info from our ballots and prepare the Master Ballot. Then the Master Ballots from all the voting nominees will be sent to the voting agent, KCCLLC.

Yes, you need to vote, send back your ballot and make a decision on the releases. If you do nothing, you get nothing. Take this seriously.

The Disclosure Statement includes a proposed ballot for Class 22, commons.

Ballots

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70717315

Thanks radium. Everyone please note that the stated deadline is the date all the MASTER BALLOTS must be RECEIVED BY KCCLLC. That means we must mail our ballots to our VOTING NOMINEE well in advance of that deadline. For those whose account is with Fidelity, the VOTING NOMINEE is National Financial Services LLC. Your VOTING NOMINEE would be indicated on your ballot packet probably on the upper left-hand corner of the first page. Mail your ballot to the address of your VOTING NOMINEE, NOT KCCLLC.

The VOTING NOMINEE will tally the ballots and prepare a MASTER BALLOT to send to KCCLLC who is the VOTING AGENT. KCCLLC MUST HAVE THE MASTER BALLOTS BY THE STATED VOTING DEADLINE.

There was mass confusion with the previous ballots because of the misunderstanding of who was the VOTING NOMINEE and who was the VOTING AGENT and where to send the ballot. The poorly written instructions caused the mass confusion. I was massively confused as well.

VOTING NOMINEE is appointed by your broker. When you get misc. mailings from your broker, it is from the nominee.

VOTING AGENT in this instance is KCCLLC, Kurtzman Carson Consultants, LLC.

My advice is to figure it all out well in advance so when your ballot arrives, you can fill it out and send it by overnight delivery, if deemed appropriate. Perhaps after the Disclosure Hearing on Wed. 1/11/12, if the DS is approved, someone could post the proposed ballots on this site for everyone to study in advance to avoid strokes and heart attacks when the ballots finally arrive and stress builds.

Included in the ballot instructions is this statement: "If you have any questions on how to properly complete this Ballot, please contact Kurtzman Carson Consultants LLC (the "Voting Agent") at (888) 830-4644.

Please call KCCLLC rather than rely on anyone on this board, including me.

It's 755 pages. Good reading though. There have been many, many changes that have been highlighted in the file. I don't have time to analyze or summarize. Sorry.

Just click page by page.

bond, WAMUQ gets to vote this time.

PROPOSED Ballots here:


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70664298

Don't try to vote these. Wait for the official ballots from your broker.

See here for PROPOSED ballots Classes 19, 22.

I STRONGLY recommend that people find the appropriate pages and print them off to study and figure out what to do well before the ballots arrive. We don't have much time once again. This time it's more serious because if someone doesn't give timely releases, they are SOL.

Don't try to vote these proposed ballots. Wait for the official ballots.

Lots of information here. This info has been available since 12/13/11. It should answer most of the questions that have been asked about voting.

Class 19 ballot is on pdf pages 397-410, 14 pdf pages

Class 22 ballot is on pdf pages 434-447, 14 pdf pages

This file has 541 pages. Docket #9181, filed 12/13/11.
http://www.kccllc.net/documents/0812229/0812229111212000000000007.pdf

MOTION OF DEBTORS FOR AN ORDER,
PURSUANT TO SECTIONS 105, 502, 1125, 1126, AND 1128 OF THE
BANKRUPTCY CODE AND BANKRUPTCY RULES 2002, 3003, 3017, 3018, 3019,
3020, AND 9006, (I) APPROVING THE PROPOSED DISCLOSURE STATEMENT
AND THE FORM AND MANNER OF THE NOTICE OF THE PROPOSED
DISCLOSURE STATEMENT HEARING, (II) ESTABLISHING SOLICITATION
AND VOTING PROCEDURES, (III) SCHEDULING A CONFIRMATION
HEARING, AND (IV) ESTABLISHING NOTICE AND OBJECTION PROCEDURE

Hearing date Jan. 11, 2012, 2 pm

I came to that conclusion also Clawman. The provision for the judge to be able to change the split gives her a BIG HINT to change the percentage. She may or may not require additional changes to the DS.

This will speed the POR along and increase the chance that the plan will be confirmed. I think that even if the preferreds vote to REJECT the POR, there are still enough votes from everyone else to pass this plan.

Plans need just one impaired class to ACCEPT the plan for it to pass. Of course, there are other requirements....

I'm with Fidelity and cannot vote online for this ballot. I assume that is because the ballot instructions don't allow for online by choice of WMI.

However, I own AAPL and can vote online regarding AAPL issues.

And then another 2 -3 weeks to get back by 2/22?

Caution: The instructions say vote by mail or by private carrier. No mention of online.

Voting: As I recall NONE of us received the "return envelope" to return the ballot in the two previous votes on the POR.

Catz, I agree that the math does not work universally. A calculation must be made based on individual holdings. That's why I used the phrase "gut feeling" in my post.

I believe this calculation must be made by each investor. Once one does that calculation with their own share count and after calculating the expected outcome, one would have more information to enable one to reassess their holdings ratio between classes. And make any adjustments that may be beneficial.

Too many investors, in general, only consider the reward factor in the risk/reward ratio. Not that anyone here would do that.

I'm just sayin'

Easy. Two out of 3 wins. I'm sure it was a very heated discussion. Willingham may have voted no. So they agreed to 70/30 with the proviso that the judge can change it. IMO

I agree more time is needed. What about the "snow birds" who are in warmer climes from Oct. to April?

Claw, That's exactly what I will be doing.

jhd51, retorical question: would you (and anyone else who owns preferred and commons) make more money with a 100%/0% split or with 70%/30%? I haven't calculated this, but my gut says that you would make more with 100% to the preferreds.

The Q & A is crystal clear.

jhdf, If you have Ps or Ks, you would want to vote NO to the plan...to tell the judge you do not consent to the split with Us. Then the split could be adjusted by the judge to 100% to preferred and 0% to common, or some other percentages. Isn't this correct jhdf51? There won't be a separate poll.. If preferreds vote NO as a class, then the judge knows they haven't consented. The preferreds will vote NO, but the plan is likely to be confirmed, IMO.

Of course, it's important to vote to give the releases.

It's reasonable, and expected, that the preferreds as a class will vote No. To do otherwise, is against their self-interest, IMO.

Risk tolerance link - http://njaes.rutgers.edu/money/riskquiz/

This is how I do it. Let's say I have lost money on ABC,Inc. but I still own it. I have no idea if it will recover. Perhaps the stock will stay at the same price for a length of time. Or maybe it will decline further.

Then I receive a windfall of $10,000. I ask myself if I would buy more ABC stock at the current price. If my answer is "h*ll no!", then that tells me that I should sell it and buy something that has more potential for gain (or less potential for loss).

I'm of the mind that we are, in effect, re-buying our portfolios every single day that we own the positions.

I use the above thought process every time I look at my portfolio. If I own a dog (no offense to dogs), I'll sell it and buy some other stock that is on my wish list. And I never look back.

This is why I sold my UQs about 2 years ago and switched to PQs. I feel the risk is too great for my risk tolerance level. I believe in this investment but I'm not "all in" either.

See link for risk tolerance quiz.

http://njaes.rutgers.edu/money/riskquiz/


I hope this helps.

The proposed articles of incorporation and the bylaws should be studied carefully when they are available.

http://news.businessweek.com/article.asp?documentKey=1376-LX8TG10D9L3501-12BG5CG8DD59AJIU3DVCUUCHVV

Bloomberg Business Week article

http://news.businessweek.com/article.asp?documentKey=1376-LX8TG10D9L3501-12BG5CG8DD59AJIU3DVCUUCHVV

Bloomberg Business Week article.

This link works.

http://law.widener.edu/

Even if you don't get your ballot timely, you have 1 year from the effective date to grant the releases and be entitled to a distribution. My broker is Fidelity and my ballots came in just a few days before the due date. This could happen again.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70178927&txt2find=grant|releases

Thanks to Phead1223.

Reminder, we're not even close to balloting.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70206745

Thanks to Catz.

POR cite please? TIA

Does anyone know where this is stated in the POR? PDF page number?

I'll never post pre-coffee again. So sorry.

Sorry, this is not Anchor. It is American Savings. I have to be careful not to post pre-coffee.

Oops. I shouldn't post before I sip my coffee. Sorry.

WaMu Settles Government Judgment for $50 Million

Anchor Bank litigation.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70285304

WaMu Settles Government Judgment for $50 Million

Anchor Bank litigation.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70285304

WaMu Settles Government Judgment for $50 Million

Anchor Bank litigation.

http://news.businessweek.com/article.asp?documentKey=1376-LWOGIT0UQVI901-1EQDEA3ERNJFCJ4MLUTE3DO810

Washington Mutual mention is waaaay down at the bottom of this article.

Is there a hearing on Tues (tomorrow). I don't see it on the WAMU calendar. Do you mean Thurs. 12/29?

You are correct.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70206745

warcton, was WMB Inc "worth" 26 billion, or was the book value 26 billion? Book value may be a lot less. There is a difference. Just asking.

That would be more simpler,but that is not how the POR is written. We are stuck with what we have.