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We are two weeks from expiration, for the record. :)
Yessir........ Many, many layers. Like the onion.....
EXACTLY!
Royal, sorry, I just can’t help myself. Do you think every financial transaction done by other banks or finance related companies translates into money coming to back escrows. It’s comical the dots you’re trying to connect with these transactions that have nothing to do with former Washington Mutual. It’s even to the point of delusional.
Haaaaa! You seriously think returning assets are going to primarily benefit WMIH shareholders? That’s preposterous! Maybe in some round about way but today’s merger dispelled many theories. Do you think they’ll run any returning assets through the mortgage company?
This is good because real estate values are back to 2005/2006 stupid values in most markets at this time thanks to zero interest rate environment and the great printing of money!
No they're not!
Were you in the courtroom today?
THEY HAVE TO PUSH FOR EC. Debtors can't be trusted!
TOUCHÉ
Exactly, and some other heavy hitters too!
Blue, my pick is Capmark! Mark this post!
10,,000 escrow shares is nothing
Giddy up!!!!
Big Trades Rolling Through
Chase Bank o e of biggest contributors to Levine's campaign.
And the merger with Dell is going to go through any day too, right?
Not sure I'd want to be in ANY insurance business when this house of cards/Ponzi scheme we call the American economy come crashing down in the next couple of years and our wonderful government has to default on Treasury Bonds!
Very nice summary. Thank you for taking the time to post.
So JPM already paid less than 2 billion dollars to FDIC in 2008 for Wamu. They then got releases from any liability of wrongdoing by most shareholders involved. They commit massive fraud and deception on a nearly daily basis and now they've decided to offer 11 billion dollars to "buy" Wamu. Interesting? That's like going to the store to buy a pair of shoes for $50.00 dollars, wearing them for 5 years, then going back and offering the store $250.00 later for the same pair of shoes. Amazing, where do you get your facts?
Unbelivable Stuff....
Dell was NOT the internet provider for Wamu. Wamu may have used their equipment. The problem with Dell is that folks go on the internet from smartphones and work from tablets etc. The sales of their lap tops and desk tops for personal and residential use has completely deminished and they have lost market share to the tablet/smartphone makers.
Let's not try to draw more crazy conclusions, here, please.
Wamu's failure did NOT cause Dell's demise.
Here is a good recent article that contains many facts! I refuse to come on the board and speculate like MON and Royal but felt compelled to share this as a reminder to those here just exactly where we stand. I can't promise you immediate monies in your escrow accounts or that we are now the current owners of Dell or even that I am a French Model, but just some pretty solid realistic I sight as to where we currently stand!
http://www.zenpenny.com/2012-year-end-performance-summary-and-looking-ahead-to-january/
Respectfully, nothing new here! This article is like 5 years old!
Save your energy. MONICALAW and Royal remind me of a saying I once heard.
"Why did the guy keep hitting himself in the head with a hammer? Because it felt so good when he stopped."
There is no net closing!!!! This is being done because of all the pushback from attorneys representing farmers and other depositors who had their accounts ripped off by Jon Corzine and given to JPM. This is merely a public stint to save Jon Corzines arse from going to jail and him NOT implicating Jamie Dimon. Period! Total CYA!
Exactly right !
Serious question: if James Coulter and David Bonderman owned millions of common shares of WAMUQ old, wouldn't they be the largest shareholders of WMIH with easily over 10% ownership each?
Yeah, sure! It was also common in the MF Global scandal to NOT commingle client funds with corporate funds until Corzine stole over a billion dollars of deposited funds and gave to JPM. How sweet is that Kool Aid you're drinking? I encourage you to read this:
http://www.breitbart.com/Big-Government/2012/08/16/Jon-Corzine-And-MF-Global-Will-Face-No-Criminal-Charges
Be careful there! Could also be swept out!
Good to see a sound voice of logical reason back on the board! Welcome back Claw.
Exactly!!!! "I know this for a fact"! Based upon information I read on Sierra, the French models, website! WTF?
2 x value + has been posted a ton, but can you specify?
I know diamond! 2 x value + based uppn your extraordinary DD. can you also elaborate on what number that"value" is? And what number it will translate to a per share value. In other words, can you break down your numbers a bit further for clarification? I'm just curious.
Again, JPM got releases! They are done! Where are you getting your "facts" that they are going to kick in some settlement monies? Please elaborate .
Dion, spot on post! I concur.
Yes, that is exactly right and all it is!
MON, how do you factually "know that JPM had a plan to settle on or around this time"? Just curious!
Catz, you mean this doesnt mean asteroids are going to fall from the sky, WMLT won't start receiving, quarterly payments to our accounts starting tomorrow until we are all millionaires and we won't be announcing our merger with Dell on Monday? Darnit, I'm selling out Monday!