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they get pay to be a liar...they are just making a living...dont respond to their post
they are jami demon's slaavvee rats...he sent them out to make jpm have less of a bad reputation..bc everyone knows jpm has dirty tactic in stealing banks ...it is a good sign that more of these rats come out to play with you recently...so just ignore them
maybe the there should be a separate coop and wamu board, and see if demonn's slaavees will infiltrate the wamu board. if these raatts proclaimed that there is nothing and repeatedly spewing worthlessness for his agenda, for sure his slaavee is working around the clock..pityful for earning a few cents
Over the whole bk process..the rosen and the many lawyers had milk this Wamu cow between 1.0 - 1.5billion$
the crooks FDIC, JPM bank, demon, sheliar; and the cronies in here working overtime around clock recently!
reading just only one of these petition by ANICO and et.al vs JPMC then you can understand the whole story how dirty JPMC and dirty gangs demon, sheilair, ...
nice hahah....
ANICO and other plaintiff p436
http://www.kccllc.net/documents/0812229/0812229091214000000000008.pdf
someone had pointed out how dirty dimon play his trick... all of the dirty dimon / rosie slaves can come and defend him please.
plaintiffs vs JPM
Statement of Claim
28.
This is an action for Tortious Interference with an Existing Contract, Unjust Enrichment and Breach of Contract.
29. The Plaintiffs own mon stock of Washington Mutual, Inc. ("WMI") and debt securities of WMI and Washington Mutual Bank ("WMB") (collectively referred to as
"Washington Mutual").
30. On September 25, 2008, JPMC, in order to gain money and market share, wrongfully finalized its scheme to strip away valuable assets of Washington Mutual without properly compensating the company or its stakeholders, including the Plaintiffs. JPMC's scheme was a prime example of JPMC's capitalizing on its position of strength through use of unfair and illegal business practices. For JPMC, strength, power and influence justified the pursuit of profits by any means available.
31. One of JPMC's "strengths" was its "insider" status through its influence with banking regulators and policymakers and its access to information through its business dealings with clients, associates and other parties. When JPMC identified a business target, it improperly used its influence to gather confidential information from and about these companies. Upon information and belief JPMC then created and exploited opportunities to wrongfully disclose or use the confidential information to achieve its business purposes at the expense of these companies.
32. JPMC's scheme to strip away Washington Mutual's value from its stakeholders involved, among other things, misusing access to government regulators to gain non-public information in order to gain a competitive advantage and wrongfully influence government
policy and actions. In addition, JPMC deceptively gained access to Washington Mutual's confidential financial records through the use of "plants" and "moles" engaged in corporate espionage at Washington Mutual. JPMC misused the wrongfully obtained confidential information of Washington Mutual to bargain and work with federal regulators for the seizure and sale of Washington Mutual's assets. JPMC leaked false and harmful information to news media, which incited depositors to make withdrawals from their Washington Mutual accounts. JPMC obstructed Washington Mutual's efforts to sell itself in a fair bidding process. Finally, JPMC exerted improper influence over government regulators to prematurely seize Washington Mutual, a solvent and liquid bank, and to sell assets of Washington Mutual without an adequate or fair bidding process.
$$ makes people loss their ethic/moral values.....just have to ignore them
Borned on 2016 u r still a kiddo drinking milk. this wmi is worthless yet there are a lot of dimon's fleas and ticks in here.
He is just like one of the many mole originally set up by jpmc in wmi..and there are a lot of mole on here as well
there are so many jpm slave in here, they have their own agenda, u can never get rid of them, just ignore them
Banks Ranked by Total Assets as of 2008-06-30
The following is a ranking of all banks in the United States in terms of "Total Assets". This comparison is based on data reported on 2008-06-30.
Rank Total Assets Bank Name
1 $1,378,468,000,000 JPMorgan Chase Bank
2 $1,327,429,079,000 Bank of America
3 $1,228,445,000,000 Citibank
4 $670,639,000,000 Wachovia Bank
5 $503,327,000,000 Wells Fargo Bank
6 $307,021,614,000 Washington Mutual Bank
7 $242,307,928,000 U.S. Bank
8 $177,466,246,000 HSBC Bank USA
9 $171,500,853,000 SunTrust Bank
10 $165,349,652,000 FIA Card Services
------------------
Banks Ranked by Total Assets as of 2008-09-30
The following is a ranking of all banks in the United States in terms of "Total Assets". This comparison is based on data reported on 2008-09-30.
Rank Total Assets Bank Name
1 $1,768,657,000,000 JPMorgan Chase Bank
2 $1,359,070,851,000 Bank of America
3 $1,207,007,000,000 Citibank
4 $664,223,000,000 Wachovia Bank
5 $514,853,000,000 Wells Fargo Bank
6 $276,290,703,000 State Street Bank and Trust Company
7 $242,596,810,000 U.S. Bank
8 $218,699,000,000 The Bank of New York Mellon
9 $181,587,239,000 HSBC Bank USA
10 $170,007,323,000 SunTrust Bank
THAT IS WHAT PEOPLE DO FOR MONEY, SALE THEIR MORAL VALUE
-------------
JP Morgan Chase: The True Story Of America's Most Corrupt Bank
Laurence Kotlikoff
Contributor
I cover fiscal policy, macro, banking, healthcare, etc.
Opinions expressed by Forbes Contributors are their own.
Between Bernie Sanders and Elizabeth Warren, we’ve heard a lot about the corruption on Wall Street. But, if you want to understand exactly what happened and why, read JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook.
Written by trial lawyers, Helen Davis Chaitman and Lance Gotthoffer, this heavily-researched, meticulously documented book lays out for the world to see the absolute corruption of JPMorgan Chase – America’s biggest bank. And the authors explain how Obama has furthered Wall Street crime by refusing to enforce America’s criminal laws against America’s biggest criminals – not Madoff, but JPMorgan Chase. The book is available on the authors’ website, jpmadoff.com.
Gallery
America's Best And Worst Banks 2016
Launch Gallery
21 images
JPMadoff explains how Madoff could never have perpetrated his massive fraud without the knowing assistance of a major financial institution – which profited heavily from its complicity because Madoff, who never bought securities for his investment advisory customers, left billions of dollars on deposit at JPMorgan Chase which, of course, Jamie Dimon used to fund his speculative trading operation in London where the London Whale trolled.
This is a book not just about individuals, but about the corrupt, symbiotic relationship between big financial institutions and politicians—the Washington/ Wall Street axis that breeds a system where a seventeen-year-old kid who robs a 7-Eleven of three hundred dollars goes to jail in a police van, but a thirty-four-year-old Wall Street banker who steals $1 billion from customers goes home to Greenwich in his limousine. And gets an eight figure bonus to boot.
As Senator Warren has recently noted, it is a national shame that, eight years after the financial meltdown, not a single banker has gone to prison. But this is not an accident. As Chaitman and Gotthoffer explain in JPMadoff, the Wall Street firms have purchased control of law enforcement and Congress. As a result, neither the Department of Justice, nor the SEC, was willing to shut Madoff down and neither the Department of Justice nor the SEC has brought one prosecution or enforcement action against a single Wall Street banker for the massive frauds that devastated the American middle and lower classes in 2008.
Recommended by Forbes
For readers who want to see the back-up for an author’s statements, this book is for you. Chaitman and Gotthoffer are two of the nation’s premier lawyers and their work is heavily researched and documented – with 1,126 footnotes of source material. But it is also a delightful read: full of humor and irony. For example, in one chapter, they compare JPMorgan Chase to the Gambino crime family and point out both the similarities and the differences – concluding that both organizations were structured to profit from violations of law. The biggest distinction is the dress code.
In another chapter, they spoof Jamie Dimon’s interview by Maria Bartiromo – and point out the blatantly false impression Jamie Dimon gives of JPMorgan Chase. Yet another chapter lays out the evidence which convinced the Senate Subcommittee on Investigations that Jamie Dimon made knowingly false statements to the public about the London Whale losses. With absolute impunity, of course.
The book describes the role Stephen Cutler, JPMorgan Chase’s general counsel, has played as consigliere to Jamie Dimon. It describes some of JPMorgan Chase’s Directors, in order to explain the Board’s tolerance for criminal conduct.
The book describes many of the crimes for which JPMorgan Chase has paid over $36 billion in fines and settlements over the last five years. And the authors propose regulatory and statutory solutions to rectify the criminality of Wall Street firms, which Washington has tolerated at the cost of billions of dollars to the American public.
And it urges readers to act on Robert Kennedy’s warning: Every society gets the kind of criminal it deserves. What is equally true is that every community gets the kind of law enforcement it insists on.
As Chaitman urges in her introduction, if you want to live in a society which protects honest citizens against Wall Street criminals, stand up and raise your voice.
Laurence Kotlikoff is the co-author of NY Times Best Seller, Get What's Yours - the Secrets to Maxing Out Your Social Security.
https://www.forbes.com/sites/kotlikoff/2016/03/18/jp-morgan-chase-the-true-story-of-americas-most-corrupt-bank/#1e8322be43cf
JP Morgan Chase: The True Story Of America's Most Corrupt Bank
Laurence Kotlikoff
Contributor
I cover fiscal policy, macro, banking, healthcare, etc.
Opinions expressed by Forbes Contributors are their own.
Between Bernie Sanders and Elizabeth Warren, we’ve heard a lot about the corruption on Wall Street. But, if you want to understand exactly what happened and why, read JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook.
Written by trial lawyers, Helen Davis Chaitman and Lance Gotthoffer, this heavily-researched, meticulously documented book lays out for the world to see the absolute corruption of JPMorgan Chase – America’s biggest bank. And the authors explain how Obama has furthered Wall Street crime by refusing to enforce America’s criminal laws against America’s biggest criminals – not Madoff, but JPMorgan Chase. The book is available on the authors’ website, jpmadoff.com.
Gallery
America's Best And Worst Banks 2016
Launch Gallery
21 images
JPMadoff explains how Madoff could never have perpetrated his massive fraud without the knowing assistance of a major financial institution – which profited heavily from its complicity because Madoff, who never bought securities for his investment advisory customers, left billions of dollars on deposit at JPMorgan Chase which, of course, Jamie Dimon used to fund his speculative trading operation in London where the London Whale trolled.
This is a book not just about individuals, but about the corrupt, symbiotic relationship between big financial institutions and politicians—the Washington/ Wall Street axis that breeds a system where a seventeen-year-old kid who robs a 7-Eleven of three hundred dollars goes to jail in a police van, but a thirty-four-year-old Wall Street banker who steals $1 billion from customers goes home to Greenwich in his limousine. And gets an eight figure bonus to boot.
As Senator Warren has recently noted, it is a national shame that, eight years after the financial meltdown, not a single banker has gone to prison. But this is not an accident. As Chaitman and Gotthoffer explain in JPMadoff, the Wall Street firms have purchased control of law enforcement and Congress. As a result, neither the Department of Justice, nor the SEC, was willing to shut Madoff down and neither the Department of Justice nor the SEC has brought one prosecution or enforcement action against a single Wall Street banker for the massive frauds that devastated the American middle and lower classes in 2008.
Recommended by Forbes
For readers who want to see the back-up for an author’s statements, this book is for you. Chaitman and Gotthoffer are two of the nation’s premier lawyers and their work is heavily researched and documented – with 1,126 footnotes of source material. But it is also a delightful read: full of humor and irony. For example, in one chapter, they compare JPMorgan Chase to the Gambino crime family and point out both the similarities and the differences – concluding that both organizations were structured to profit from violations of law. The biggest distinction is the dress code.
In another chapter, they spoof Jamie Dimon’s interview by Maria Bartiromo – and point out the blatantly false impression Jamie Dimon gives of JPMorgan Chase. Yet another chapter lays out the evidence which convinced the Senate Subcommittee on Investigations that Jamie Dimon made knowingly false statements to the public about the London Whale losses. With absolute impunity, of course.
The book describes the role Stephen Cutler, JPMorgan Chase’s general counsel, has played as consigliere to Jamie Dimon. It describes some of JPMorgan Chase’s Directors, in order to explain the Board’s tolerance for criminal conduct.
The book describes many of the crimes for which JPMorgan Chase has paid over $36 billion in fines and settlements over the last five years. And the authors propose regulatory and statutory solutions to rectify the criminality of Wall Street firms, which Washington has tolerated at the cost of billions of dollars to the American public.
And it urges readers to act on Robert Kennedy’s warning: Every society gets the kind of criminal it deserves. What is equally true is that every community gets the kind of law enforcement it insists on.
As Chaitman urges in her introduction, if you want to live in a society which protects honest citizens against Wall Street criminals, stand up and raise your voice.
Laurence Kotlikoff is the co-author of NY Times Best Seller, Get What's Yours - the Secrets to Maxing Out Your Social Security.
once she recovers I will be very Thankful For HER
! WMIH has cardiac arrest PEA on the chart now, can someone do CPR on WMIH
your devoted time is a great value, just hope this end soon!
thanks to ALLs that help me and others on this board to understand this complex bk, and not try to twist people's mind as some
JUST THAT WE ARE GETTING TOO OLD NOW, THIS HAS BEEN TOOOO LONG!
companies' commieees will always infiltrate on the board (or any boards!!)
this company can change name again (it has done it) and wipe out all their history for r/s and nobody know about the past
do your own research
just dropping by to remind all my investing amigos on this scam company, not sure why this board even exist or those that create it
to my amigos
signing out, xcv
""
#18972
SUTI ran 1000% in May! 3 huge moves in July two were 300-400% in one day! News Aug,Sept and Oct with little response in the PPS but it looks ready for another big move and I'll be watching for more news. Double bottomed Friday at .0015 SUTI could make a huge run from .0015 to .015 in 1-5 days with 3-10 million in volume on the buy side per day! 1000% is possible here!
""
smart -- false claim of r/s for a 1000% gain
beware..
a r/s in 5/2012 from roughly ~$0.0020(look up for yourself) to $0.15 and now it has brought down to $0.0010 is essentially wiping out all the shareholder's investment that is pre r/s. This company is full of thieves, all the picture faces above on this board and those that infiltrate within this board also
--
correction-- what i meant to said is the r/s on 11/2011 which should equate to the 5/2012 price of $0.15 to equal in the share:dollar without loss in the r/s, but it has drops down from the base of $0.15 to nothing now
just be careful on this..
beware..
a r/s in 5/2012 from roughly ~$0.0020(look up for yourself) to $0.15 and now it has brought down to $0.0010 is essentially wiping out all the shareholder's investment that is pre r/s. This company is full of thieves, all the picture faces above on this board and those that infiltrate within this board also
beware..
WOW, GOOD POST. this should be email to the doj(forgot, is the doj even exist).
do they even know anything about wamu???????
with the puplic out there protesting, these might be the likely scenarios---
all these years it seems like the doj is blind and deaf; or they are covering their ears and closing their eyes; or they are all abandoning their work and womanizing; ...
yup--from wamu,
"which were significantly above the regulatory requirements for well capitalized institutions. The company expects both ratios to remain significantly above the levels for well-capitalized institutions at the end of the third quarter." ---sept 2008 filling
---
no reason to be seized!!
still you cannot sell a $300bil comp for $1.9bil when they are in positive net asset
even with a negative asset comp, the potential buyer will actually buy an in-debt-company with a price close to the company's total asset.
so jpm and fdic knows exactly what they got in their hands when they got wamu at that price...called this fair and reasonable--just don't know what is in the judge's mind
is this what you (and kristal) looking for, it was post earlier by t95
#323866 post
--might hibernate for yrsssss if needed (:-]
""""""wamu numbers were well above the cutoff line to be seized""""
thanks for that info buddy!!
all these big boy at the capitol just like to do anything they wanted. they need to realized that their decision affect people's life and hard toil dollar with sweat. if they don't know how to make decision, they need to get off from the capitol. bunch of tax-dollar-infusion to their belly for nothing---only to ruin things.
------here is the new capital requirement right around the 2008, did wamu drop low below the miminum requirement also just like jpm so the ots and fdic go after wamu--meaning they take the little guy to feed the big guy. i don't have any filing for wamu after that latest filing to figure out the whole situation.
but still it is said that wamu was "well capitalized till 2010 with $50 billion liquidity"
still they shouldn't wamu seize right away. the fdic need to give some time frame (~6mo to a year for example?) for banker to meet their requirement. these fdic need to address a time requirement.
worse yet, wamu can still sell some of the assets to have more capital.
yet it is not justify as to why wamu is being sacrifice
"
Capital requirements: Federal banking regulators have
adopted risk-based capital and leverage guidelines that require
the Firm’s capital-to-assets ratios to meet certain minimum
standards.
The risk-based capital ratio is determined by allocating assets
and specified off–balance sheet financial instruments into four
weighted categories, with higher levels of capital being
required for the categories perceived as representing greater
risk. Under the guidelines, capital is divided into two tiers: Tier
1 capital and Tier 2 capital. The amount of Tier 2 capital may
not exceed the amount of Tier 1 capital. Total capital is the
sum of Tier 1 capital and Tier 2 capital. Under the guidelines,
banking organizations are required to maintain a total capital
ratio (total capital to risk-weighted assets) of 8% and a Tier 1
capital ratio of 4%.
"
anyone who understand the "ghost of wamuq" will joined
there are big investors
we will see more, just need some spark to be on their radar--an exit from bk will do just fine
**if settlement is not done about in a year, then be prepared to wait for more; although it will not be in vain, justice will be pay. it seems like a lot of corruption in this case--if the judge is not in commons' favor, then our govt is doom
any settlement soon would be good, but just hope pps increase gradually with business as wamu come out of bk.
great potential for a big comp like wamu--fruitful to be long.
imo
glty&a
he billed frivolously on the fee
probably get bribe from jpm to a be a trader of wamuq
anything else that you add and elaborate for me, just trying to do some reading (but too much to read!!!)
thanks biz
?? can anyone explain to me and others as to why rosie (supposed to be our lawyer, right?) become that little dog doodleeeeee up there on wamuq board.
tia
?????ridiculously funny???
a $300bil comp go poof overnight, and now become an "insure comp" with $150mil start up
what a crook!
----
all these media reading is a also joke
----
all those article from the yahoo, reuter, etc....depict that it is a failure of wamu. most of those writers don't even know what they are writing also--if you read any big media source out there and compare the knowledge of all this smart ihub members, it is a shame for the media. worse than commies. (but forgive them because i think they are set as a "puppet" too).
maybe i dont have the data after that to compare ..
but it is said that wamu was "well capitalized till 2010 with $50 billion liquidity", so why would they take over
$$-----anyone can have their hypothetical value (but please be nice, otherwise jimmie and fdic will break their backs)
p 3 mil shares ~$1000 high
h 23 mil shares ~$50 high
k 20 mil shares ~$25 high
u 1.7bil shares ~$40 high
~$26 bil (from june 2008)
fill up the tank for the preferred -$
lawyers -$
anything else in between -$
then what is left is for commons (from a perfect calculation- commons will have coin rains); for them to said that common get none make me want to scratch my head again, money will still be there (but there are crooks involved so i don't know; and not a guarantee)
(anyone can figure out, but just cut the value in half---that would be a good estimate)
correct me if i am wrong or please have input if needed
i smile with 2, anything above is god's gifffff
imo
glta