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Put it to rest please;there is not coming back 1 or 10 or 500 billion.And NO JPM did not pay 1.88 billion for WMI but instead got paid for stealing it.
Very strange with all the good news out about billions coming back,no one really is talking about the disappearance of the NOLs.And even more concerning is the lack of information about this from COOP management?We had to learn this from a MB poster.
And don't forget here with all the billions coming to COOP:there are no more NOLs,the NOLs are gone but COOP management just doesn't know it yet so I guess someone should contact them and tell them to adjust the numbers or the SEC may come to haunt them.
I think we should start a class action against the WMIH board for gifting away the biggest part of all the billions that are coming back from the trusts.First they gave away half of the billions to KKR and now they gifted away again to the NSM shareholders.So that leaves only a fraction of what we would have without them doing anything.Unless of course if there are no billions coming and Rosen gifted everything to Golden boy then it makes no sense to sue for nothing.
COOP is the Tell;must be worth around $300 instead of $15.And can someone please contact the CEO and tell him there are no NOLs left;they are gone.
Glad I own some Piers,made me nice profit.But as for my P's:I don't think We will see a dime except for the WMIH shares they gave us.
There is not at all 50 million left;that was 2 or 3 years ago.
Not at all,Rosen is gonna delay some more untill there is nothing left.But also outside the ch 11,there will not return billions from all the billions hedden in trusts suddenly returning as the TELL.
They will not surprise us at all with being "THE TELL"or saying billions came or are about to come.And even if there came something then I and a lot of other WMIH longs will sue the WMIH managers for selling us out way too cheap to KKR and NSM.
Not very difficult:they manage the money from the estate LTI;they wire money to all creditors and collect some money coming in;they instruct Rosen what to do,work togeteher with KCC to see if everyone gets paid and so on and on....But they surely do not manage money of some non existing truts.And if you find to bills a bit on the high side:they are not ordinay people who work for $20 or $40 an hour.They work for $300 up to $1100(Rosen) an hour.So they don't have to do a lot to bill us 1 million.
Never forget what Rosen told us numerous times:NO MONEY FOR EQUTY and he wants to keep his promise.So they'll share whatever is left after Piers and stop the waterfall there.No 75/25 ;no 100% No trusts,zip nada.Glad I own some Piers.
People here should stop telling JPM paid 1.88 billion for WMI,that is simply not true.JPM got paid instead to steal WMI.
Nothing will come from FDIC so they don't have to know yout or mine number.They got the JPM number for sending them 645 million.
Maybe because it doesn't matter as nothing is coming?
You're talking about that honorable one who said Rosen didn't have to return some of his 25hours a day bills(and at $1050/hour).Perhaps and most likely they didn't wanna share of that stolen money with her and she didn't like that.
OK 25 th of the month and COOP is the Tell;so I expect nice things today and monday.
Yeah,that final payment of 645 million from JPM to us.Or was it from us to the thief??
So JPM first paid $1,88 billion for WMI,then got a lot of goodies for free or almost for free(New building,visa shares artwork...)then got some billions back as taxs refunds,then found in the rubble 30 billions of apartmentloans(strange Rosen or the Judge didn't see them)and at the end of the road FDIC pays them back 645 million of the 1,88 billion.Anyona already did the math of what WMI paid golden boy here for stealing them???
Regarding that final payment by JPM,right from the FDIC website:" Under the settlement agreement, in exchange for releases from JPMC and DBNTC, the Receiver paid JPMC $645 million ".
Somebody caal golden boy please for his deal of a livetime:1,5 billion for maybe 100 billion to come.Is that possible 2 deals of a livetime?? first steal WMI for not 1,88 billion but fot free and then get the rubble of 100 billion for 1,5 billion.Unless there is no 100 billion and nothing will come to COOP??
Anyone know what COOP is gonna do with all the money they get on 01/25 as distribution??
Ok seems like a new ma
Seems to me you don't even know anymore what you(or your daddy)signed in 2012.We all had to sign SPECIAL releases regarding JPM whereby we released them even if later turned out they didn't play by the rules.Maybe look for that paper.
COOP has a marketcap of 1,3billion and COOP is the Tell;then why isn't golden boy buying us for 2 billion as billions will come in days or weeks from here??Looks like a no brainer to most here.Very strange indeed.(or not)
WTF???Laying off workers??And we all thought we're were gonna grow bigtime and take over JPM??Wow,glad I'm out.
2021 is not at all an end date;if JPM or FDIC or Rosen want another delay they will get one from the honorable one.
And remember:Change in control is done so expect another round of billions coming on 01/25/2019. Time for everyone here to quit his dayjob and we all go to Vegas.
Guys nothing will come further than Piers,Rosen promised us 1000 times.And regarding trusts of balance sheet assets and retained assets and more:JPM got the "whole bank" with everything around it except for the assets they didn't want because it was crap.
Yep,we know and the final payment is also done by JPM to us;oops got that one wrong:done by us to JPM.Glad I own some Piers dat will bring me some extra cash.Anybody know what happened with the NOLs that were lost??Seems like COOP is using these lost Nols;is that legal???
Maybe you should revisit the case once more.A lot of hedgies bought bonds and got paid more intrest on the bonds in 2012 after their bonds were paid in full.A lot made a 10 bagger and more in couple of years.Of course you will not hear them now.
Yeah,that final payment,COOP is the tell,tens of billions;grandkids of bobvious that are gonna be rich.All dreams and daydreams but the truth is waterfall stops with Piers and as Rosen told us numerous times:NO MONEY FOR EQUITY(and I still have a lot of Pref's).
Rosen is a man of his word and when he told us 20 times "No money for equity" he is gonna keep his promise so he'll make sure the waterfall stops with the Piers.Glad I had a lot of them.
Sure a big pop(to the downside you mean?);that's why Tepper sold half of his holdings.
I wonder how many longs passed away in 2018 still dreaming about billions coming back.Or telling their grandkids about billions coming back now in 2019.And at the end of 2019,they will be dreaming and telling about the billions coming back in 2020 when in fact Jamie got "the whole bank"with everything around if he wanted it(cfr 30 billions apartment loans found in the rubble)and left what he didn't want with the FDIC.
100% sure you'll get one,and if not then 200% sure you'll get one tomorrow.I heard it will be about BOD getting more free shares for all the great work they do for us.
As promised we had some great filings these last days of 2018 telling us about all the billions coming our way.Great close of 2018.
already waiting fot the next distribution on 01/25/2019:wonder what I'm gonna buy with this one.
You will hear nothing on monday.
Remember when WMIH went from $3 to $1 big boys had some nice inside info.is it possible they once more have insider info to get this from $17 to $11,5??
Market came back bigtime and so did COOP.Oops mistake:COOP didn't.I smell pig.