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What do you think each P escrow share will translate to.how many COOP shares, or will it be cash, or maybe both shares and cash?
Thanks...I need some
Sssssssaaaaaaaaaakkkkkkkkkkiiiiiiiii!!!!
That's a huge dollar value on those shares!
35 million plus spent on buying those shares EOD, or they got 1million shares throughout the day and filled at EOD?
Either way its positive
All those accounts with Assets = 32B
All those accounts with Debt = 8B
32B-8B = 24B
24 billion was the figure Justin Nelson at Sussy's lawfirm told the court. I believe them because of the wild reactions from Rosen, confirmed we are indeed getting paid and it's going to be more than 2.4x the par value of 1000 per share.
Pay Day is approaching!
Why post if you've been out since 2019, what did you do close out of your escrow accounts with your broker?
185 billion back to Ps and Qs. That's the number I heard.
Will the Ps keep paying 4 times a year, ie every quarter starting now until.2030?
Ssssaaaaaaaakkkkkiiiiiiii!!!!!!
2x par + interest?
Any wags on when and how much? It would be great to.get the payout before our economy collapses.
Any recent updates?
Can you reply back to "All" on that orginal email and ask for a status update?
Its only been 3 years ...lol
I'd say email them and BCC Trump!
Or maybe we should hit Twitter and @ and # Trump. Tell him to resolve this high crime or else be prepared to loose millions of votes.
Fight fire with fire. Time to snuff this out.
What email addresses should we blast?
No wonder why it didnt happen yet.
Why should the commons make out like bandits, class 19 comes before 22. What's so hard to grasp about this concept?
Class 19 will get more than 750 per share buddy.
Can you back up your claim that class 22 (U's) will get all 165 billion while the Ps only get a 750 million payout?
What are you smoking this morning bro?
It does because this is the weekend , finally boys!
Should I give notice to my employer that I'm done on 8-15-20?
What is the estimated payout?
P's = 2x face value plus 12 years of compounded interest?
Just seeing what kind of house I'm going to buy out in Cave Creek, AZ.
I agree, no rash decisions on spending before the payout.
It'll jinx our chances......
But I've been away for awhile, even stopped looking at the board.
We deserve justice, I'll settle for a cash payout instead.
So are we predicting 1x par, 6x par or 20x par?
What will Ps Qs and Ks get back soon? Sounds like it's happening for real.this time next week we could all be meeting up for some Cake.
The money is coming. I can feel it. We are on the brink of the payout.....
Those are insane numbers but ya know at this point I would be surprised if we get closer to 119 billion coming back to the holders of the escrow markers.
Wealthy old school tycoons from back in the day bought into wamu, many are orientals like myself.
So Ya, Chinatown is coming to theater near you soon enough.
I'm with you Panda....
Has anybody tried calling the LT, (http://www.wmitrust.com/WMITrust)
If yes, please share the details.
Marky John
Well its almost 3pm est. Lets hope this "meeting" is about the escrows.
I doubt it is, but it sure would be nice if this finally does pay out.
A great time to slide a big payout for the escrows, under the radar and during this whole "pandemic" nonsense.
You think funny haha!
Not so funny....funnyman
I wish this was over.
Either pay out or get out.
This almost 11.5 yr wait is getting old.
When are we getting paid?
When do you think this will happen?
Lodas...
What's your take on the escrows? Do you think it could be announced afterhours? The distribution process is long past due.
I recall vividly getting a small payout, which was done to test the production interface between our accounts at the brokerage firms and the LTI escrow trust.
I'm hoping this is over and done with soon!
I have a great feeling about March, for all wamu longs.
Sssaaaakkkiiiiiiii!!!!
Could you please give aquick breakdown on lehmans. I own trust preferred, jr. Bonds and some normal Lehman preferred.
Anybody check to see if we got paid this am?
The escrow marker creation is all the proof nedded.
They would have not went through this massive headache of even setting up the escrow markers, unless they were forced by law to do it for our pending payouts.
It was established for a reason. I'd be worried if we never got the escrow markers into our accounts from the releases a lot of us signed per legal advice of Sussy...actually Justin Nelson.
I'm sticking with my orginal numbers, 24 billion plus interest payments on the P markers.
Very true.
No way Qs get more than Ps.
New equates to class 19.
Class 22 I hope is included which is the 75/25 split.
I think class 19 are getting both cash and shares, 75% of the cash pile goes to Prefs and the rest to class 22.
This is great news, the best news I've seen in a long time!
84 Bil is a good amount.
10 Bil might very well be the "fair and reasonable" amount the LTI settled on.
if it is 10,000,000,000 coming back would that be 75/25 or 100% to P's?
Thought it is supposed to be 116 billion back to escrows, then you do the 75/25 split.
Preferred = 87 billion, 8700 per P marker.
Commons = 29 billion, ¿ per Q marker.
Roughly speaking....
116 billion seems to be the magic number.
Sssaaaakkkiiiiiii
Hope she gets pissed and does sign it today.
After hours they would distribute to the escrow markers for classes 19 and 22.
Sounds like we are getting shares forsure and cash (from safe harbor)?
Well that one bites.
What was fair and reasonable, pennies on the dollar?
Can we pursue RICO charges already. What was really said in the secret chamber meeting?
32 billion Assets
8 billion Debt
Should be getting 24 billion plus interest, making into that 30 billion dollar tag Justin Nelson displayed in court.
I think we are getting 3x par value, split 75/25 between Preferred and commons.
Sweet dreams
RICO will be in play if this gets delayed any longer......
The escrow distribution payouts have to be started within this calendar year of 2019.
Statue of limitations will be enforced triggering the closing and payouts in December. 2019.
I doubt they want RICO charges and if they keep objecting and stalling over minuscule housekeeping tasks they will really get swatted.
30 billion is a lot better of a hit than 300 ,billion.
Cake and Vegas
When will we be going? Hopefully this pays out soon. Are we just waiting for her signature?
Justin Nelson, years ago.in court told the judge that they have 30 billion.
Rosen, you know what I'm talking about. You botched and squealed like a 2 year old toddler.
Let this BK be done so the assets can owback to the correct stakeholders, the escrow holders that released.
Get it done!!!!
HM
You seem dead set on nothing for escrows. Why? Do you know something about the safe harbor payload?
Bro I love you but I dont see how it's related to our escrow markers.
Is Wellsfargo buying our markers?
Nah wrong bank bro...
They have ur markers at the Douche Bank LLC.
Your very smart my friend, following the sniffers that TPG has.
They are a major holder of the P escrows. They in my mind knew exactly what was going to happen or had a great idea and bought in large and just kept adding to their holders before the "BK"
Oh btw how many gold and silver mines do you think WAMU financed and helped back in those early on days? They have deep relations into the mining industry that made California into a powerhouse.
Escrow holders are now the owners of all.these hidden gems.
I put my life savings into.this. it will turn out positive, because im.not a neagitive person.
Exactly right...
33 billion is what I think we will get plus the 11 years interest that was built up over the years.
That's payment 1
Safe harbor = years of quarterly payments.