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What about some informative read ?
http://www.nasdaqtrader.com/Trader.aspx?id=TickPilot
What goes up, must come down
Spinning wheel got to go round
Talkin' 'bout your troubles, it's a cryin' sin
Ride a painted pony, let the spinning wheel spin ....
Or better, try to stop a running avalanche !
Some posters here doubted that ANYthing will happen, especially against honorable Ex-CEO of Wells Fargo, John Stump, but IMHO we just 've seen the tip of an ugly iceberg ...
Even a defunct law firm sues Wells Fargo over foreclosure work done for WF,...
https://deadlyclear.wordpress.com/2016/10/19/defunct-law-firm-sues-wells-fargo-over-foreclosure-work/
https://livinglies.wordpress.com/2016/10/20/wells-fargo-bank-n-a-accused-of-control-fraud-through-stumpf-and-other-corporate-insiders/
http://r20.rs6.net/tn.jsp?f=0010j0b23ReN7zFoy7tqj_tip8f90D53-6aGlx9gFZqOpaPcvlBYgYnj0h92M6jAVgdQNVH4VooVrV8PHgONmQNV_nVDGaE_AlQSmxg4KB9UT9SJu-DFU0f81SwyvXx0IJla3v_nyI3vgtH_HjoqouT6xRGiCjQpYZVPiHIBGjEfWFMhiWnOhhyZkgJOTID6lNJc5tVkiuqKrQZd9_froBUpHMMD3aGp-eXgDRoQ_KZ7PkgbWKACgWu5W43o5sAuvMv_qA72u_EcCQ=&c=pYgWe1pHOy7H1xhdahTUxTcBJspuEUPQZD3trxi27oGwQ0pa79J3zQ==&ch=mIX6Uq0q75m9RcfYHMlcykz-evFsQcubMK8bi-olZ_LnAopW_gMrwQ==
Finally !
California is now investigating Wells Fargo for criminal identity theft !!
http://www.latimes.com/business/la-fi-wells-fargo-harris-20161018-snap-story.html
http://www.housingwire.com/blogs/1-rewired/post/38325-game-changer-california-investigating-wells-fargo-for-identity-theft
Though the mills of God grind slowly, yet they grind exceeding fine !!!
De gustibus non est disputandum*
Me, Sir, I'm in the glass-half-full group, for,when I'm asked, whether I am an optimist or a pessimist - well, of course I am an optimist because "I prefer the frustrations of negotiations to the funerals of the war."
Means, perhaps it's going the other way round and pps is going up ... think for first M&A or any other positive news in WMIH and MM trying to keep the lid on the pps acting in .01 steps (or .5%) as we experienced in frustrating way the last years ... I see more efficiency in this TickSize pilot and more positive outcome for small investors !
Give it a chance, watch carefully and then you consider ... it is a pilot ...
*there is no disputing about taste
WE are the bosses of our brokers, we pay for their outcome ! WE give them instructions how and where to fulfill our orders !
Of course it's no more business as cozy as has been in the past for these poor guys ...
Very sophisticated and well educated piece !
Note: What about calling our brokers to route orders to IEX only in future ??
I'm with you, the TickPilot program will be very positive for us !
Thanx for your illustration !
Thanks go to Mr_Simpson72 !
http://www.nasdaqtrader.com/Trader.aspx?id=TickPilot
Pardon me, Sir ?
Tick size pilot seems to be very interesting ...
Anybody ?
Thank you, stupid me !
Was reading first page only !
Good D&D !
Link please for distribution list !
And YOU bought WAMUQ for 0.04 a share, REALly ????
YOU got ESCROWS, REALly ????
I'd like to remind investors who intend to focus on the likes of "Gurufocus", why they are called Gurus:
"They are called "Gurus" because "Charlatans" is too difficult for most people to spell"- William Bernstein
"Past performance is a poor indicator of future performance"- Gurufocus or
"It's too late, baby now, it's too late,
Though we really did try to make it.(We can't make it)"- Toni Stern
as the French say: "ils est trop tard" or
"Back - thou canst aid thy friend no more" - Friedrich Schiller
As Tanja so eloquently stated: within a blink of an eye !
Glad to hear this after 4 years ... finally !!
Shorten deadlines - sounds so common sense, longtime missed !!
Ok:
GO WAMU
GO ESCROWS
GO Stephen D. SUSMAN, SUSMAN & GODFREY
GO THJMW
GO MIKE W.
GO FAIRFIELD & GALLAGHER
GO WMIH
STAY AWAY : LTI's
Ha, now I waited patiently, 'cause I knew there will come some very good reasons for token dates:
Agree with at least 100 % compensation for employees;
objection: what about Golden Parachute ? Are we (WMILT) allowed to pay at all ?
The rest sounds almost too good for me, in special the wrapping up and as I hope my dreams come true about this innocent and cheeky WMIIC, being soo clever the #1 by filing for Chapter 11 !
But why NO memo about determination of court dates ?
This happened before one time since this odyssey began ?
I can't remember!
Reminds me of some special "back-room-deal", when Stephen D. S. had his only appearance in court ...
I'll wear sackcloth and ashes !
I knew I read it too often (pretrial c.), but sloppy me...
Perhaps you are right with the Employee Claims, though I'm afraid those claims aren't settled yet, just have a look to the Seventh Joint Order Further Amending Scheduling Orders ..... Court Docket# 12270
http://www.kccllc.net/wamu/document/0812229160715000000000001
There MUST be more than eyes can see in the moment ...
So you can see that sometimes it isn't accurate to bring the link, but to copy the original message ....
muyuan51 Friday, 10/14/16 12:03:11 PM
Re: None
Post #
464967
of 465014 Go
And all this secrecy just for PRETRIAL ?
I can hear Jamie D. mumble again: .... a storm in a teacup only ! And, my goodness, was he wrong !!!!!
Court Docket: #12294 Email
Document Name: Transcript regarding Hearing Held 10/12/2016 RE: Pretrial Conference. Remote electronic access to the transcript is restricted until 1/12/2017. The transcript may be viewed at the Bankruptcy Court Clerk's Office. [For information about how to contact the transcriber, call the Clerk's Office] or [Contact the Court Reporter/Transcriber Veritext, Telephone number (888)706-4576.] . Notice of Intent to Request Redaction Deadline Due By 10/21/2016. Redaction Request Due By 11/4/2016. Redacted Transcript Submission Due By 11/14/2016. Transcript access will be restricted through 1/12/2017. (BJM)
I've never seen such secrecy around a normally routine action as a PRETRIAL c., so I have no idea and if you look at Court Docket# 12294: NO word about PRETRIAL c. anymore ????
http://www.kccllc.net/wamu/document/0812229161014000000000001
Looking forward to the WMILT 8-k on October 28, 2016 !
But who knows ..... ?
Next scrivener's error: PRETRIAL conference ??
Calgary2, YOU are "The Man" !
No trial, neither open Pandora's box, nor a can of worms !
There is an old saying in "good" old Berlin:
"Nachtigall ick hör dir trapsen" .....
I think the glowing sunset isn't that far ??
If I remember correctly, in the PRETRIAL c. the two or more potential "trial"- parties present their point of views and discuss possible problems in the trial to and with the judge ...
But tell me BOB, what is NORMAL in our fantastic WAMU/WMIH case ??
I saw a lot of much more stupid theories on here in the last years !
Calgary2, I can smell good commom sense and knowledge !
I think, you are on to something .... and my favorite word in this Docket# 12294 still is PRETRIAL conference ....
????
See the KCCLLC site for Washington Mutual, Inc.,
Case-Number: 08 - 12229
look for Court Documents Court Docket# 12294: Voila !
http://www.kccllc.net/wamu/document/0812229161014000000000001
Perhaps this special PRETRIAL Conference from October 12, 2016 quickly developed into a "ANTI-CONTRARIAN-MEDIATION" ??
I'd have liked to be present as the proverbial "fly on the wall"!!
And all this secrecy just for PRETRIAL ?
I can hear Jamie D. mumble again: .... a storm in a teacup only ! And, my goodness, was he wrong !!!!!
Court Docket: #12294 Email
Document Name: Transcript regarding Hearing Held 10/12/2016 RE: Pretrial Conference. Remote electronic access to the transcript is restricted until 1/12/2017. The transcript may be viewed at the Bankruptcy Court Clerk's Office. [For information about how to contact the transcriber, call the Clerk's Office] or [Contact the Court Reporter/Transcriber Veritext, Telephone number (888)706-4576.] . Notice of Intent to Request Redaction Deadline Due By 10/21/2016. Redaction Request Due By 11/4/2016. Redacted Transcript Submission Due By 11/14/2016. Transcript access will be restricted through 1/12/2017. (BJM)
Bloomberg knows a little more about WF and honorable CEO John Stump:
https://www.bloomberg.com/news/articles/2016-10-12/wells-fargo-ceo-stumpf-steps-down-in-fallout-from-fake-accounts
Update for Wells Fargo and honorable CEO John Stump:
http://abcnews.go.com/Business/wells-fargo-ceo-amid-accounts-scandal/story?id=42762133
????????????????
"Washington Mutual was incorporated as the Washington National Building Loan and Investment Association on September 25, 1889 ...." Wikipedia
In 1982 Washington Mutual aquired Murphey Favre and that was the moment the 32 year old Kerry K. Killinger entered the WaMu stage. He was named president in 1988 and chief executive officer in 1990. He "orchestrated an acquisition campaign that swallowed up competitors at a rate of about two per year", extending Washington Mutual's presence beyond Washington's borders for the first time in Washington Mutual's history:
As a result, finally Washington Mutual Inc. was formed as holding company in August 1994 !
Washington Mutual Inc., abbreviated to WaMu was a savings bank holding company and the former owner of Washington Mutual Bank ... Wikipedia
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=9&cad=rja&uact=8&ved=0ahUKEwjL9Zne5NXPAhXK7RQKHV3cCYwQFghgMAg&url=http%3A%2F%2Fwww.referenceforbusiness.com%2Fhistory2%2F46%2FWashington-Mutual-Inc.html&usg=AFQjCNF6NhGPXsc_zTxj1_GMi9ORShBXog&sig2=siM-blEqjmcON1f7Pfb7lw
WAMU isn't that old lady ..... was founded on September 25, 1889 !
just sayin'
Is anybody here who doesn't love his ESCROWS intense & hot ?
Always follow the schedule, no speculations please ! If you're really interested, how things work, just read, do some D&D and you will be relieved:
http://www.nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
So tomorrow, October 11, 2016 we'll have the short numbers per September 30, 2016 !!
Patience, grasshoppers, hmmm ?
AZCowboy,
you as "The Man" on this WMIH - MB, who drove and still drives with profound D&D and with educated, honest postings, always underpinned with public links, accessible to the public from KCCLLC filing# 1 on, a lot of ghosty men to distraction .... and a lot of very thankful average Joe's to understand the difficulties and the sophisticated actions around this "once-in-a-life-time" event of the century, the WAMU saga, a little more & more ....
would you be so kind and explain to the astonished crowd the utmost importance of:
WMIH News: Justin Timberlake's Aftermaster, Inc.(OTCQB:AFTM)
Begins Production - Partners with ON Semiconductor
(NADAQ: ON) , dated 10/04/2016 07:00:00 AM
(See the WMIH News Current Report Filings (8-k's, 10-q))
TIA
muyuan51
So desperate, plissken ? this is becoming boring, to rig even the prnewswire .com news releases ! why not admitting this publication is information about DISPUTED EQUITY ESCROW only
Don't remember the first distribution from August 1, 2012 ?
https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwiqg-bR4cnPAhWG6RQKHbkLDzkQFggfMAA&url=http%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fwmi-liquidating-trust-announces-distribution-from-disputed-equity-escrow-to-class-22-claimants-164307306.html&usg=AFQjCNGwOxDEf4JAvi9gdrgczCpWsgW11g&sig2=8dMVqH7FnMQr3QhieRTSDg
WMI Liquidating Trust Announces Distribution From Disputed Equity Escrow To Class 22 Claimants
Jul 30, 2012, 16:05 ET from WMI Liquidating Trust
SEATTLE, July 30, 2012 /PRNewswire/ -- WMI Liquidating Trust (the "Liquidating Trust"), which was formed pursuant to the Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc. ("WMI"), today announced that on August 1, 2012, it will distribute 927,862 shares of WMI Holdings Corp. (OTC: WMIH) (the "Company") to Class 22 claimants (the "Distribution").
In connection with the Distribution, eligible claimants in Class 22 who held shares of common stock issued by WMI prior to September 25, 2008, will receive 0.00076346 of a share of the Company's new common stock for each share of WMI common stock they previously held. The common stock issued by WMI prior to September 25, 2008 was cancelled on March 19, 2012, the Effective Date of the Plan.
The Distribution is possible as a result of a release of equity reserves held on account of recently disallowed equity claims and it supplements the share distribution that occurred shortly after the effective date on March 23, 2012 (the "Initial Distribution). In the Initial Distribution, newly issued shares of the Company's common stock were distributed to claimants who elected to receive such common stock, as well as claimants in each of Classes 19, 21 and 22 under the Plan. Class 19 included holders of preferred securities identified as the REIT Series, Series K Perpetual Non-Cumulative Floating Rate Preferred Stock ("Series K Preferred Stock") and Series R Non-Cumulative Perpetual Convertible Preferred Stock ("Series R Preferred Stock"), in each case as defined in the Plan. The chart below summarizes shares issued to claimants in Classes 19, 21 and 22 and the conversion ratios for each class.
Security Description
Class
WMI Holdings Corp. Shares Issued
Conversion Ratio [1]
REIT Series
Class 19
73,849,313
19.80058
Series K
Preferred Stock
Class 19
8,992,818
0.4950145
Series R
Preferred Stock
Class 19
57,548,706
19.8005825
Dime Warrants
Class 21
4,165,700
0.05463704
Common Equity Interests
Class 22
40,702,317
0.03349842
[1] Equivalent WMI Holdings Corp. common stock issued for each share or unit of corresponding security. Pursuant to the Plan, no fractional shares of WMI Holdings Corp. stock were issued.
Further information about WMI Liquidating Trust can be found at www.wmitrust.com.
SOURCE WMI Liquidating Trust
http://www.prnewswire.com/news-releases/wmi-liquidating-trust-provides-information-on-escrow-cusips-300055333.html
SEATTLE, March 24, 2015 /PRNewswire/ -- WMI Liquidating Trust, formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc. ("WMI"), today provided additional information regarding certain Escrow CUSIPs issued to eligible former shareholders of WMI. Eligible former shareholders are those who timely submitted relevant documentation, including the release required under Section 41.6 of the Plan.
As of the Effective Date of the Plan, Depository Trust Company ("DTC") established and maintains positions in the Escrow CUSIPs. These Escrow CUSIPs represent nominees' positions that would be used to make future distributions, if any, of common stock issued by WMI Holdings Corp. ("WMIHC"). Pursuant to the Plan, such shares of WMIHC's common stock were deposited in the Disputed Equity Escrow established in accordance with the Plan and are to be maintained in the Disputed Equity Escrow until such time as Claims involving Disputed Equity Interests are either allowed or disallowed.
Upon resolution of those Claims, the related portion of the shares maintained in the Disputed Equity Escrow will be distributed to the claimant holding the newly allowed claim or, if the claim is disallowed, the related portion of the shares will be redistributed to beneficiaries of the Trust in accordance with the distribution mechanics set forth in the Plan. In the event any future distributions of WMIHC common stock are made from the Disputed Equity Reserve, DTC will be instructed to allocate such common stock to each of the Escrow CUSIPs on a pro rata basis.
As stated above, the Escrow CUSIPs were established for any potential distributions of shares of WMIHC common stock. The only source of common stock available for any such a distribution would be from the 2.9 million of shares remaining on deposit in the Disputed Equity Escrow. Specifically, the Escrow CUSIPs do not, in and of themselves, entitle their holders to any possible future cash distributions from the Trust, WMIHC or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank).
The Trust will issue Liquidating Trust Interests to WMI's former shareholders if the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and if a shareholder satisfied all conditions applicable to receiving any such Liquidating Trust Interests. There can be no assurances that the Trust will be able to monetize assets in a manner sufficient to give effect to the foregoing.
The Trust discloses the status of its operations (including the status of pending litigations) and unaudited financial information in a Form 10-K filed annually with the Securities and Exchange Commission. In addition, the Trust files a Quarterly Summary Report with the Bankruptcy Court and under Form 8-K with the Securities Exchange Commission.
Capitalized terms used and not otherwise defined in this Press Release have the meanings given to such terms of the Plan. The Plan and additional information about WMI Liquidating Trust can be found at www.wmitrust.com. [url][/url][tag]insert-text-here[/tag]
As of today, October 8, 2016, there are still 1,5 million shares remaining on deposit in the Disputed Equity Escrow !!!
Disputed Equity Escrow has nothing/nada/zilch to do with ESCROWS shareholders of old common (WAMUQ) or preferred shares (WAMPQ)!!
Apples & pears !
Means, have a look to the WMIH News: Current Report filing (8-k)
Sorry, can't answer, you know, the blink of an eye syndrome .....