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He's been giving his opinion for a long time, in case you forget it. At the last hearing, he made it very clear that he would not change JMW's verdict.
......AG got exactly what she wanted 100% of nothing.....even if she wins the appeal still from LTI 100% of nothing........
Ask Mr.Sponge-Bob and Morti-mer about the real intention of Mrs. half cocked Griffin.
You waste your time with would-be lawyers Sponge-Bob and Morti-mer. The real Judges Walrath and Andrews agreed with your opinion.
That is not completely right especially if you are at smaller european brokers, see post 603586
"Your holdings will be under the name of your Broker that holds your Escrow Cusips."
That is not completely right. I had K-preferred shares that are neither listed under my name nor under the name of my former broker. My Austrian broker at the time was called Brokerjet, but the shares were listed under Credit Suisse with a deposit in Zurich, for whatever reason. In 2016 I changed the broker (Flatex) and the K-Escrows moved from Zurich to Clearstream Luxembourg. I hope that this will not be a problem in the event that profits are allocated.
"BUT Still WMILT (which is Chad Smith) and BR kept on repeating in yesterday's hearing that the WMILT/KCC DOES NOT Have the 'Escrow Marker' information ".
This sentence says it all, if you don't have the information, how are you going to delete them ?
We all know that she was after a portion of the trustees 3 million dollar reserve, that wasn’t used.
But once again she will stand half cocked in the rain, on the left hand with Sponge-Bob, and on the right hand with the omniscient law student earl Morti-mer.
If the "P" and "K" Preferred Shares get face value, I`m more than happy. Are you still convinced this is possible?
Lots of greets from Austria
100% correct Pickstocks.
That's the profile of Mrs. half cocked Griffin.
Forget it. Some people just do not understand it, or do not want to understand it. Sad but true.
How long will you post this hogwash of your myth and lore.
If you can`t read and comprehend the POR 6, the amended POR 7, and the Disclosure statement, in which it is written in an unambiguous manner, that the Underwriters have a legal stand in Equity class 19, it`s your problem.
In the meantime, it is no longer funny, but just more ridiculous.
Have a good night Mr. Griffin tantrum supporter.
Above all, it would not be bad if the griffin tantrum supporters read and understood this.
You are 100% right on this, but the Griffin Tantrum supporters just don't get that.
The griffin tantrum supporters are the only ones who don't understand this. They do not even realize that they are working against themselves.
"Her reasoning is baffling for wanting to prolong this process since it doesn't benefits her or Equity holders in any material way".
These are really true words, and it emphasizes again and again her only motivation, namely to get the 3 million from the claim reserve. What a shame.
And also the question why any would CONtinue to fight for something that is valueless according to HOSEN!!!!!!!!!!!
Why do not you ask Griffin this question ?
Absolutely and without doubt number 2
"She was after a portion of the trustees 3 million dollar reserve that wasn’t used".
Tell that Bob & Mordi the "Griffin Tantrum" supporters.
They still believe that their honest motivation is for the benefit of all Investors. Just laughable.
"And then there is the little problem that IT is in DIRECT VIOLATION of the POR and the stipulation".
Dear Bob, unfortunately, that's just your view of things. The people who have something to say in this case see it differently.
And as it says in a text line of Metallica:
And nothing else matters.
I hold only 100000 K's.
But right is right, in my opinion.
By my european broker it wasn't allowed me to buy P's.
You said it "Because if".
And our Judge Mary Walrath disagrees with you and Bob, and that is all that counts. And also Judge Andrews will reject the Griffin Tantrum.
"YET HOSEN could and could have petitioned the court to move the UW's to CLass 22 and end this just like he could have in MARCH and didn't!!!!!!!!!!!!!!"
Why should he change his own legal stipulation with the underwriters after 6 years ?
Because of the Griffin Tantrum ?
That's just ridiculous.
May be it's interesting for you.
The Griffin Tantrum is done - rejected in it's entirety.
What do you think is her first choice:
- to get the three million she asked for in her appeal, or
- to move the underwriters from class 19 to 22 ?
You and others are so blindsided that you don't see through her true motivation.
All in "my honest opinion".
Everyone’s "eventual" distribution returns are Class Specific ?
Why so careful at one time? I thought you had the irrefutable proof for our cash returns.
Why is it so hard to understand, "they" (Underwriters) have an allowed claim (72 million) from the beginning of POR 6 in Class 20, which is equal to class 19 in POR 7 ?
Hello AZ !
You quoted:
"Class 19 is a combination of the TPS “Cash” and a WMI Preferred series R convertible issue ... "
Once again, I want you to ask: What is with the series K ?
I know it's a subset of the P's (1/40), but they weren't a convertible issue, as it is stated in it's old cancelled prospectus.
Thanks in advance and greetings from Austria
1.000.000.000 times agree.
It's obvious that the $8.4M in post petition interest is based on the $38.2M owed to Class 18.
38.200.000 × 1.95% (×0.0195) = 744.900$/year.
744.900 $ × 11 years = 8.193.900. With compounded interest you get to 8.400.000$.
This time hotmeat was right (see post 591734).
That means you agree AZ's calculations ?
You rightfully become what was stated in
POR 7 and in the Stipulations and not more. It's up to you to read and understand it. Either it's the rightfully 99% + 1% for the "Underwriters" (their class 19 claim is valid from the beginning), or the "greedy" 100% whom we are not entitled.
All in my honest opinion.
I think you mean 6.700.000$ per month calculated on an annual basis.
(1,95% of 4.100.000.000).
Sorry I read your response too late.
The interest rate is 0,0195%.
Then 67.000$ per month is correct.
"Now if 65 bill come back here I can buy any home in my neighborhood!!!!!!!"
I suppose you can do that with both 99% and 100%.
So what do you want to tell us?
Greed and envy is one of the deadly sins, that's already in the Bible.
If 1% more is 50k, you got all in all 5.000.000$. In my opinion it makes no difference if I get 4.950.000 or 5.000.000$.
But it makes a difference if I get 4.950.000$ now, or 5.000.000$ sometimes.
It is clear that the disputed claim is only related to Class 22 commons. You missed the point. His intention was to point out, why were the p and k escrows not already deleted when there is nothing to get for them.
Small detail :
Inside the bankruptcy.
Why do you use only the term "R" all the time when you talk about the preferred shares and never mention the K preferred shares?
Are they worthless ?
Greetings from Austria.
Nearly 100 COOP-Shares.
Apparently nothing from the WMILT.
What is left in the DEE ?
Only shares ?