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Please elaborate:
How the hell does an average Joe gets access to such special-in-case IRS papers ?
Fascinating !
If you have some more fully up-to-date information concerning WMIH and RUSSELL 2000 INDEX feel free to inform us all !!
muyuan51 Sunday, 11/27/16 05:06:56 PM
Re: fwh3334zeke post# 468030
Post #
468031
of 468043 Go
WMIH CORP JOINS RUSSELL 2000 INDEX:
http://wmih-corp.com/wmih-corp-joins-russell-2000-index/
My post was in answering fwh3334zeke and his intelligent post# 468030 !!
WMIH CORP JOINS RUSSELL 2000 INDEX:
http://wmih-corp.com/wmih-corp-joins-russell-2000-index/
The Continued Listing Standards for NASDAQ Capital Market Companies (have a look at Page 4):
https://listingcenter.nasdaq.com/assets/continuedguide.pdf
I guess it must be tough to realize and to believe in FACTS on WMIH's listing on NASDAQ CAPITAL Market !!
So, once more for all interested the Press Release about WMIH Listing on NASDAQ Capital Market:
http://wmih-corp.com/wp-content/uploads/2014/06/WMIH_-Exhibit_99_Press_Release_for_8-K-nasdaq_listing1.pdf
Since September 28, 2015 WMIH is trading on NASDAQ Capital Market !
http://wmih-corp.com/wp-content/uploads/2014/06/WMIH_-Exhibit_99_Press_Release_for_8-K-nasdaq_listing1.pdf
The Continued Listing Standards for Nasdaq Capital Market Companies (have a look at page 4):
https://listingcenter.nasdaq.com/assets/continuedguide.pdf
hope this helps !
I do not understand the meanings of this very interesting question, can u elaborate, please !
Biz, when the WMIH Corp. site is open see the broken vertical line symbol, click it on, , press "New Post " .... e voilà !
Good luck!
This is my first try posting by Android app, hope it works !
It's not a surprising development, so the pendulum is now swinging back .... let's call it "business as usual" with WMIH :)
D'accord !
You had a more intense look at pro-prosperity.com already ?
I'd be interested in your opinion about nowadays Dr.A., who was in former times a "BIG" filer in the Chapter 11 case of WAMU .......
I'm 100 % with you !
Did you ever have a deeper look at the KKR story ?
Read, read, read and inform yourself, perhaps you will feel the same relaxation like me ....
"Riding on some VIP coattails heated by KKR's warming soft scarf !" ..... Isn't life exciting to live in right now ?
When looking at WMIH's future did you ever consider LC (have a look at the Board members and new Seniors) ?
Just sayin'
It is ! That's why I have an account with this amazing Berkshire Hathaway Comp. ....
Learning so many interesting news ....
I'd suggest you ponder a little about what happen(s)ed to these "lucky princelings" and their relatives, special if Papa is executive minister or CEO of some "unimportant" SOE's(State Owned Enterprise) in the light of President Xi's anti corruption program .... wouldn't it be nice if their (business)counterpart in the States would be fined in a similar way as these "poor" Chinese persons .... means Jamie D. would face at least jail time for some teen years, or would this be once more a tempest in a teapot ?
When I read "Slammed" I have to LOFL ... if you want to read what SEC officially found on the "guanxi" (= personal connections) , the "referral hires" of Chinese "princelings" within the project "Sons & Daughters" of JPMorgan Securities (Asia Pacific) Limited ("JPMorganAPAC"), then "enjoy" the following summary of SEC ..... it would be really "amusing if it was not so outrageous", I almost had to puke and was reminded of Bernie S. words about a criminal institution named JPM,as well as of the wonderful book "JPMadoff The Unholy Alliance between America's Biggest Bank and America's Biggest Crook"... What do you think JPM earned with 12 IPO's in China ?
https://www.sec.gov/litigation/admin/2016/34-79335.pdf
So finally here for everyone with common sense to see and to understand the connections between ON TOPIC "golden parachute regulations" at WELLS FARGO with legal actions concerning ON TOPIC "golden parachute regulations" at WMILT:
Washington Mutual Inc.
Case Number: 08-12229
Court Docket:#12306
http://www.kccllc.net/wamu/document/0812229161121000000000002
Court Docket:#12307
http://www.kccllc.net/wamu/document/0812229161121000000000003
And here WELLS FARGO (restrictions et al "golden parachute regulations"):
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjytse6n7zQAhUFXBQKHbewCGYQFggbMAA&url=http%3A%2F%2Fwww.wsj.com%2Farticles%2Fwells-fargo-grapples-with-occ-move-1479684090&usg=AFQjCNGyIZu2BP6smw2tzQ65xcSmS1O2tQ&sig2=DcwCjODiC_9C4diQaCKuvA
I know all these filings from the Guru Dr.Sankarshan A.. Years ago I tried to subscribe to his former newsletter, 'cause somehow he sounded fascinating. I never got an answer. To your info:
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwi1jo3t0LrQAhUKcRQKHRSnB84QFggbMAA&url=http%3A%2F%2Fwww.pro-prosperity.com%2F&usg=AFQjCNG6BZnIB7TOstWw0lyvbwcOFt9urw&sig2=K_ocJ-jjcWV9zGUh9RkuHw
the following piece is one of his last published:
http://www.pro-prosperity.com/Proposal.pdf
Sorry. Any thoughts ?
johnheps who is this Dr.A. you state? And what are those 86 billion, eggs or lost dreams or money, means $$$$$ ? Thanks
I wouldn't want anything from this trash !
cleverle !
of course you're right, just wanted to show Mr.Tepper's investments in total ..
This is from NASDAQ site for INSTITUTIONAL HOLDERs WMIH, so you can see the "Bagholder's" total investment in WMIH !
Also the TOP 15
156 Institutional Holders
105,885,999 Total Shares Held
Click on the column header links to resort ascending (?) or descending (?).
Owner Name Date Shared Held Change (Shares) Change (%) Value (in 1,000s)
APPALOOSA MANAGEMENT LP 12/31/2015 16,902,465 0 0.00 25,354
APPALOOSA LP 06/30/2016 16,388,287 (514,178) (3.04) 24,582
GREYWOLF CAPITAL MANAGEMENT LP 06/30/2016 12,181,840 (2,157,392) (15.05) 18,273
NUMINA CAPITAL MANAGEMENT, LLC 06/30/2016 6,366,741 1,002,041 18.68 9,550
LOCUST WOOD CAPITAL ADVISERS, LLC 09/30/2016 5,932,097 (6,405) (0.11) 8,898
BLACKROCK FUND ADVISORS 09/30/2016 5,598,766 341,566 6.50 8,398
VANGUARD GROUP INC 06/30/2016 5,265,841 684,142 14.93 7,899
TRISHIELD CAPITAL MANAGEMENT LLC 06/30/2016 2,977,042 0 0.00 4,466
LAKEWOOD CAPITAL MANAGEMENT, LP 06/30/2016 2,769,100 0 0.00 4,154
STATE STREET CORP 06/30/2016 2,627,942 2,558,842 3,703.10 3,942
CENTERBRIDGE PARTNERS, L.P. 06/30/2016 2,603,867 0 0.00 3,906
NORTHERN TRUST CORP 09/30/2016 2,150,476 1,595,556 287.53 3,226
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. 09/30/2016 1,952,138 97,928 5.28 2,928
SCOGGIN MANAGEMENT LP 06/30/2016 1,941,365 0 0.00 2,912
BANDERA PARTNERS LLC 09/30/2016 1,700,000 853,200 100.76 2,550
<< First< Previous1234510Next >Last >>
Institutional Holdings information for this company is filed by major institutions on form 13-F with the Securities and Exchange Commission.
info Learn more about Institutional Holdings
http://www.nasdaq.com/symbol/wmih/institutional-holdings
Welcome wurly and if you're no DB customer you are a very good HUNTER !!
Perhaps we have some DB customers on this MB who are able to log in for Private Investment Instruments concerning WaMu/WaMu Asset Acceptance Company/Long Beach ????
https://tss.sfs.db.com/investpublic/
If opening the "Private", click SPA !
As I wrote in a former post:
Some do not understand and will not understand Net Operation Losses or NOL'S and they do not understand your intentions to help them !
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwiRrry7wKjQAhWCXBQKHX73C4wQFggeMAA&url=http%3A%2F%2Fwww.investopedia.com%2Fterms%2Fn%2Fnetoperatingloss.asp&usg=AFQjCNHPdG4dzz34pw9UGM2-ueaiKhuE-g&sig2=J90nh0KlfrCjEJJwjxhuPg
What is a 'Net Operating Loss - NOL'
A net operating loss (NOL) is a loss taken in a period where a company's allowable tax deductions are greater than its taxable income. When more expenses than revenues are incurred during the period, the net operating loss for the company can generally be used to recover past tax payments. The reasoning behind this is that corporations deserve some form of tax relief when they lose money, so they may apply the net operating loss to future income tax payments, reducing the need to make payments in future periods.
BREAKING DOWN 'Net Operating Loss - NOL'
An NOL makes a company unprofitable for tax purposes. For example, Company A has taxable income of $500,000, tax deductions of $700,000 and a corporate tax rate of 30%. Its NOL is $500,000 - $700,000 = -$200,000. Because Company A does not have taxable income, it does not pay taxes that year. Otherwise it would have paid $250,000 x 30% = $75,000 in taxes. Because the company had an NOL the previous year, it may put the NOL toward the current year’s tax bill or apply it against taxable income in previous years.
Rules for Applying an NOL
A business may carry the taxable amount back to the two previous years and apply it against taxable income for a refund. For example, an NOL occurring in 2015 may be used for lowering tax payments in 2013 or 2014. Because the time value of money shows that tax savings at that time is more valuable than in the future, this is the more beneficial choice. However, if the business did not pay taxes in prior years, or the owner’s income is expected to substantially increase in the future and raise the company’s tax rate, the business may also carry forward the amount over the next 20 years, reducing the amount of taxable income during that time.
If a business creates NOLs in more than one year, they are to be drawn down completely in the order they are created before drawing down another NOL. Because any remaining NOL is canceled after 20 years, this reduces the risk of the NOL not being used.
Section 382 Limitation
An NOL may be considered a valuable asset because it can lower a company’s amount of taxable income. For this reason, the Internal Revenue Service (IRS) has a restriction on using an acquired company simply for its NOL’s tax benefits. Section 382 of the Internal Revenue Code states that if a company with a NOL has at least a 50% ownership change, the acquiring company may use only that part of the NOL in each concurrent year that is based on the long-term tax-exempt bond rate multiplied by the stock of the acquired company. However, purchasing a business with a substantial NOL may mean an increased amount of money going to the acquired company’s shareholders than if the business possessed a smaller NOL.
WMIH - NEVER to be traded on the OTC ANYMORE !!
wurly, thank you so much for opening this very significant door into former WAMU's past and into the relationship with DB (in special with DB National Trust Company).
Anybody interested into the size of WAMU's businesses (here WAMU ASSET ACCEPTANCE COMPANY) is invited to have some look into just ONE POOLING & SERVICING AGREEMENT to see how complicated and most finely branched life within the WAMU-contracts has been. Perhaps then you will understand why it lasts so long to unravel this behemoth ....
To your guess, wurly, if DB could be the servicer to WMI, what I can see from reading your DB-link, the Servicer is always WAMU Bank, DB is Trustee.
https://tss.sfs.db.com/investpublic/
And for the record, could you please open the WaMu 2006-OA1, 2007-Flex1, and the WaMu CI NIM Notes 2007-WM1(when opening LONG BEACH), for these are PRIVATE and I couldn't register myself with DB !!I'm very interested in the toals and sums listed in these arrangements !
TIA and one more BIG KUDOS to you for this post !
Wowwwwwwwww !
You are deadly WRONG, Sir, I think, you have NO ideas, what NOLs are, sorry to say !
Have a look at this clear common sense posting, courtesy to DRgreek:
The value of the NOLs would not change. It would be up to the redeeming entity to use said value to offset their gains thus further reducing their tax burden. Example, company A has $10B profit then applies $3B Nol = $7B net at %15 tax rate = $1.05B in tax. Same Company applies same $3B Nol to same scenario but at 35% tax rate, tax is now $2.45B. NOL has not changed, taxes have changed.....Which scenario would you want????
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126495153
You know, if I do not understand anything, I try to get smart, READ, READ and discuss my opinions with educated partners !!
I'd like to see JD in the next suite to Bernie Madoff and hopefully soon the Honorable Ex-CEO of WF John Stump beside these two celebrities !!
You stated as fact as I see it:
mordicai Friday, 11/11/16 07:56:57 AM
Re: Jestiron post# 467226
Post #
467227
of 467245 Go
only part of the 600 million is used
part of the purchase price of the acquisition is paid with shares
the expiration of 3 years allows for the change?
FAQ:
1. "only part of the 600 million is used"- How much in tangible terms is used ?
2. "part of the purchase price" - How high is the PURCHASE PRICE ?
3. "of the acquisition" - Who exactly is the acquisition ?
4. "is paid with shares" - How do you know that it is paid with shares ?
Be so kind, Sir and give me some links for your very colloquial statements above !
TIA
hi DON'
You are OK BBOB !!!
Welcome BBBOB !!!!!
Just lean back & relax, nobody knew, but a lot of us were waiting for exact these actions ....... very exciting times we're living in, ain't we ?
Just a reminder: See pg.21 of the WMIH 10-Q, Filing Date 2016-11-04 :
The Series B Preferred Stock are hybrid financial instruments that blend characteristics of both equity and debt securities. The terms of the Series B Preferred Stock provide for either redemption of the principal and interest for cash at maturity or in the event of certain predetermined circumstances (“Forward Component”) or mandatory conversion into WMIH’s common stock (“Embedded Conversion Feature” or “ECF”). The Series B Preferred Stock also embody contingent equity-linked share price protections on the ECF in the form of a variable conversion price based on a 20 trading day average of volume weighted-average price. Upon any conversion of Series B Preferred Stock in accordance with its terms, the Series B Preferred Stock shall convert based on the outstanding principal and accrued interest, subject to a floor of $1.75 per share of WMIH’s common stock and a maximum of $2.25 per share. As a result, the Company determined that the Series B Preferred Stock contain certain embedded derivative features. Management’s evaluation resulted in the conclusion that the compound derivative financial instrument required bifurcation and separately accounted for the embedded conversion feature option as a derivative liability. The aggregate fair value of the embedded conversion feature was $66.2 million on the date of issuance of the Series B Preferred Stock.
https://www.sec.gov/Archives/edgar/data/933136/000156459016027651/wmih-10q_20160930.htm
As a consolation for our American friends two intelligent statements. The first one is from an anonymous source :
"There is only one party in the US.
Two branches allow the pretense of choice.
The oligarchy rules both."
And the second is from my beloved Mark Twain :
"If voting made any difference they wouldn't let us do it !"
Have a nice day and : GO ESCROWS GO !!
IT'S TIME TO MAKE ESCROWS GREAT AGAIN !
I'm so glad there are the good old FAQs of WMILT !
Have a look at:
11. When will ... and
12. What form will .....
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwiD_IDyl4jQAhWEWhQKHVzUA1sQFggnMAE&url=https%3A%2F%2Fwww.kccllc.net%2Fdocuments%2F8817600%2F8817600140501000000000003.pdf&usg=AFQjCNGsrQlyDfEMe_YAMYmsjtW8bUkEmw&sig2=qdAB0u8o25CVnAVM_rClYQ&bvm=bv.137132246,d.d24
Hope this was helpful !
READ_READ_READ_READ_READ_READ
mattchew:
It's certain that you can feel sometimes uncertain when certain assets of WMI were transferred to WMI Liquidating Trust.
In order to cure your curiosity, have a look at the FAQ WMILT:
In special see 2. What are the Liquidating Trust Assets ?
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwiD_IDyl4jQAhWEWhQKHVzUA1sQFggnMAE&url=https%3A%2F%2Fwww.kccllc.net%2Fdocuments%2F8817600%2F8817600140501000000000003.pdf&usg=AFQjCNGsrQlyDfEMe_YAMYmsjtW8bUkEmw&sig2=qdAB0u8o25CVnAVM_rClYQ&bvm=bv.137132246,d.d24
Old, but still very informative, isn't it ???
READ_READ_READ_READ_READ_READ_READ_READ_READ_READ_READ_READ_READ
Finally, here we go:
WMI Liquidating Trust
Case Number: 08-12229
SPECIAL ANNOUNCEMENT DATED 11/1/2016:
NO DISTRIBUTIONS WILL BE MADE TO HOLDERS OF LTIs ON NOVEMBER 1, 2016. UPDATED LIQUIDATING TRUST INTEREST STATEMENTS FOR MEMBERS OF EACH OF CLASSES 2 (“SENIOR FLOATING RATE NOTES”), 12 (“GENERAL UNSECURED CLAIMS”), AND 16 (“PIERS CLAIMS”) WILL BE MAILED BEGINNING NOVEMBER 7, 2016.
General Information
http://www.wmitrust.com/WMITrust