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How do you get July timeframe?
Royal - what does this have to do with WMIH?
Cotton what does that mean exactly?
Cotton what does that mean exactly?
Cura - so what does that mean exactly?
That was the original financing expiration date from KKR. To be expected to leave that date in place.
Absoltuely. This is total BS. Employee claims are typically settled year one in a bankruptcy.
That is the most important take away. WMIC was used as collateral for the $600MM loan.
What does that mean?
What does this have to do with Lehman CT’s?
Paid for Non WMB assets?
Cura what is the $151B subrogated claim on BS?
Nothing. Hedge funds don't buy index stocks to mimic the mkt.
BB - I am thinking FDIC will be forced to throw a lot more assets to WMIH as a result which is great for escrows.
What exhibit link plz??
What was terminated??
Link please
Link please. Thanks
Who is leaving the case? Link plz
That is not true and was argued in court by Susman's legal team. They said WMI estate said receive amounts over face value of TPS securities.
That is a moronic statement. WMI was in the process of upstreaming $25B from WMB when Shelia had the bank seized!!
Link please
What does that mean exactly for CT's?
I do. Maybe you can learn to spell!!
WMIH NOL's were used as an asset to take the company public again. As such they were given value which I received in the form on new shares.
They were used in Wamu bankruptcy and are now partnered with KKR to find partner. I owned preferreds and did quite well.
When did Rosen day that? Link transcript??
You were supposed to disappear after the no $1 by last Friday!!
Where is that quote taken from??
Do you have a link to J Goulding doc??
Link to slides would be great couldn't find the site
Thanks Newflow. I got a lot of new LHI shares for my Lehman preferred stock.
You are wrong about Lehman equity getting zeroed out of NOL's and newco. See article on Seeking Alpha.
KKR $2B insurance deal acquisition kaching!!
http://www.marketwatch.com/story/kkr-said-to-be-near-2-billion-deal-to-buy-usi-insurance-2017-03-16?rss=1&siteid=rss
KkR nears $2B deal for insurance broker. Maybe this is the reason we are running.
http://seekingalpha.com/news/3251863-kkr-nears-2b-deal-onexs-usi-insurance-wsj
Visa is the reason Yorkville wanted NEOM patents.
Visa CEO announced QR code technology platform on CNBC last night with Cramer to make payments with millions of businesses in India last night.
Royal what $5B?
What is the $433k?
Where did you get the IRS quote??