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Tick; Who is WaMu? What Escrows?
I submitted a W-9 to participant in Plan 7. Plan 7 was/is more than a Liquidating Trust for Creditors.
Hint; Plan 6 Liquidating Trust that moved into Plan 7.
Please tell us more about the WMI Non-Debtor Subs?
S4V; $34.8 Billion in new assets would be wonderful for COOP. We don’t know what the Subs generates in revenue.
COOP has 300 million shares authorized.
I can make the numbers work.
Your turn.
Ron
Have We Heard Anything more from Paladin?
Or anything more regarding the WMI Non-Debtor Subs?
Seeing that WK and CS have reactivated Subs is great in my book! The Subs could be around $34.8 Billion in assets.
It’s time for something to happen!!!
S4V?
TIA,
Ron
Dr. A’s Valuation Models Are Based on Revenue Generations.
From the Customer Deposit base of $188 Billion. Not on assets held in other sources.
Hint; Mineral Rights.
The list can be long.
FDIC; “$299.8 for WMB and it’s assets”.
$299 is much greater than $188 or?
41.6!
W-9.
#1997
#5885
Other favorites?
Ron
Thanks ND9. Let’s See What is Published Tomorrow.
“This document is scheduled to be published in the
Federal Register on 04/21/2022 and available online at
federalregister.gov/d/2022-08632, and on govinfo.gov
2 ”
Just walk back through the thread for the link.
JPM’s Charter Did Not Allow for JPM to Hold a FSB.
JPM as a Bank Holding Corp (National Association), their charter doesn’t allow JPM to hold a Federal Savings Bank.
OCC; Office of the Controller of the Currency gave JPM one year to convert WMBfsb assets into JPM.
The FDIC Relationship of WMB needs to close.
Now is a good time.
Great job ND9,
Ron
“Director Rohit Chopra (Director, Consumer Financial Protection Bureau), seconded by Director Michael J. Hsu (Acting Comptroller of the Currency), and concurred in by Acting Chairman Martin J. Gruenberg”.
Comptroller of the Currency is who let JPM have FSB.
Plus, at $45.67 pps. Class 19 Has Not Been Satisfied.
UQ at COOP pps is only $75.355 recovery of $1,000 of face claim to satisfy QP’s Claim.
All Class 19 will receive ~$2.5X minimum on their claim against the Estate.
When Is Long Over Due.
IMO. There is no reason why the RE/DCR of ~$25 Billion hasn’t been distributed 75/25%.
The now active WMI Non-Debtor Subs accumulation of revenue should be distributed to the property owners in Class 22, and Class 19 where appropriate. Same for WMIIC, WM Capital Trusts, and WMPF(Preferred Funding).
If there is a shares for assets event, then let’s do it.
The two above items are under WK and CS control.
They have the power and legal responsibility to complete their Court defined function as Trustees and Executors of the Estate.
WMB 510(b) and ABS Trusts involve the FDIC.
WK and CS have no control over the FDIC.
But the FDIC has control over JPM.
I’m very tired of the wait as much as anyone else is,
Ron
WMI Held $375 Billion in Assets.
WMB = $307.2 Billion
WMI declared $33 Billion in BK.
$375-$307.2-$33 = $34.8 Billion remaining.
The remaining is the WMI Non/Debtor Subs. $34.8 Billion in assets.
I don’t know how much revenue they produce.
Is Paladin playing a similar role as KKR?
Distributions of current cash generation of Subs.
COOP shares for Subs future revenue generated.
According to the FDIC, WMB Securitization's of $2 Trillion in RMBS.
Of which $500 Billion was sold to GSA’s like F&F.
Now do that calculation again!
And that’s only the Residential!
Commercial
LELOC
Credit card debt
...
? Footnote 39?
Ron
My Prior Ownership and Released Class 22 Means I Own The Debtor’s Estate.
The W-9 submission!
Yes we put more emphasis on the Escrows then they deserved.
The WMI Non-Debtor Subs are my property.
Paladin can manage the subs for me, but I own them.
Ron
Do We Know Who the Investors Paladin Are?
Names?
18 investors right?
Need to watch them close to make sure they don’t run off with your money!
Pick Says WMI Will be Paid $600 Billion for WMB.
Thanks Pick.
Maybe you are right, JPM did brag about having $500 Billion in cash on June 14th last summer. JPM has been raising cash for years now.
LIBOR was completed end of 2020.
WMB with a multiple.
Lehman Brothers.
Derivative insurance payments to cover ABS contracts.
F&F?
BofA was the second largest Derivative contract writer after JPM.
Ron
Pick, Got Link? Lodas Needs a Link.
JPM paid? Or was paid $600 Billion?
Bob, We Don’t Have the Number for WMB.
WMI valued WMB at $307.2 Billion and sued. $7.9 Billion has returned to WMI. The Exchange Event and the Turnover Action.
FDIC’s response; “$299.7 Billion for WMB and it’s assets”.
The numbers work! “Willful Misconduct” adds a multiple. FDIC is closing the books pertaining to any liabilities of WMB. I know of no liabilities of the bank. The numbers will be adjusted.
Hint; no one is complaining regarding WMB liabilities.
MARTA?
Remember, investments show on the books as a liability until liquidations.
The FDIC’s responsibility is to make JPM pay.
Ron
LG, 5AT Not Dropped. Settled.
We released JPM for “Willful Misconduct” will 41.6 and our W-9 submission.
FDIC’s responsibility is to make sure JPM pays.
Now about that $500 Billion in cash JPM has/had?
FDIC Globic indemnifications.
And WMB was an Asset of WMI.
The FDIC took the assets away from a Holding Company.
WMI was not a Bank Holding Company. The FDIC has no authority.
Hence; 5AT.
#5885, footnote 2.
#1997, Project West.
Our WMIH Shares Have Nothing to Do Regarding the Release.
The release is regarding “Willful Misconduct’ in JPM takeover of WMB.
The Release is executed in full with payment for WMB.
Signed TD Bank Documents With WMI. Yes.
Signatures happen before the negotiations started.
NDA.
Ron
True. JPM Lost in the Dual Track.
Judge Rosemary M. Collyer
Red; to Bad That You Didn’t Submit a W-9.
You could have been a very happy healthy person soon.
Red. Let’s Pretend that You are a Wealthy Dude Back in 2000.
Summer 2000 of the Dot Com bubble; You buy one million shares of JPM as an example. Then JPM invests heavy in companies like BBob’s dotcom at $200 pps. BBob.com goes to $322 pps then tanks to ?.30. Then poof gooney shortly after.
The ECO is not an investor. The ECO is an employee of the company that you are a fractional holder of.
The ECO put Your money at risk from investments the company made.
Where the investments in BBob.com or other dotcom investments an asset or a liability?
The ‘investment’ was at risk of going to zero.
My investments in WaMu are still a liability to me until I receive payment. Then I pay taxes!
We Signed W-9 Release Forms to Be Apart of Plan 7.
Yes we received WMIH stock.
Plan 7 was about more than the LT for Creditors and a stock distributions.
Plan 7 includes that was already agreed to in Plan 6.
Plan 6 363-365 Sales by AAOC most of all became RE/DCR of $20.7 Billion-> ~$25 Billion now, 75/25%.
I have posted the links.
WMI Non-Debtor Subs are now active. All described in both 6 and 7.
WMB 510(b). Let’s use the FDIC’s numbers of $299.8 Billion
Now consider 41.6 “Willful Misconduct” by JPM due to RICO.
Liabilities; Globic is closed and the FDIC has been indemnifications.
ABS Certs that WMI would hold 15% minimum.
Others.
Need more and links?
Please see my previous posts.
JPM lost,
Ron
Bottom Line; WMI Sued For $307.2 Billion.
FDIC’s response after $7.9 Billion was returned to WMI;
“$299.8 Billion for WMB and it’s assets”.
TPS Exchange Event + Turn Over = $7.9 Billion.
Looks like WMI and the FDIC agreed about WMB’s valuation.
Very simple math!
Investments are Liabilities Until Turned Into Cash.
The money in investment is at risk for a loss, therefore the investments booked at a liabilities.
This Should Keep The MB Busy.
https://investorshub.advfn.com/Washington-Mutual-Inc-pfd-K-(fka-WAMKQ)-14511/
Yes, $30 Billion North East Coast Branches.
That is the number I remember.
Breach of Contract.
To see WMI/WMB’s books. JPM could not buy WMB from anyone else for the period of 18 months.
That is part of the RICO allegation filed against JPM/FDIC.
See Level II.
https://cdn1.boardpost.net/quote.php
But Only 113 Shares at the $44.50 price.
Still good to see.
https://www.nasdaq.com/market-activity/stocks/coop/after-hours
Yes We the Naysayers “No Money for Equity “.
True that Class 19, Class 22 have not received additional cash payments.
Also true that Class 19, Class 22 have not seen our property show up where it doesn’t belong.
Retained Earnings in Treasury Notes.
WMB 510(b) from the FDIC.
WMI Non-Debtor Subs are now Active.
ABS Investments that WMI was required to hold 15% minimum.
Others.
Only RE/DCR is 75/25%, Class 19/Class 22.
My calculations puts PQ at +~4.5X.
Ron
I Have Shown How You Can Be a Millionaire.
Just from the Retained Earnings alone.
5885 5AT of footnote 2 proves how you will be a millionaire with your Released 195,000 UQ’s due to 41.6 because of JPM’s RICO “Willful Misconduct” actions proved by the Rule 2004 Discovery Document filed on December 14, 2009. Document #1997. Careful; it’s a big document. 825 PDF pages.
No more need to play options for groceries.
+
WMB 510(b)
WMI Non-Debtor Subs
ABS Investments
Others
All the best.
Ron
IMO, Yes Paladin Could Be Used as Was KKR With Nationstar.
Third party with ‘clean hands’ providing the means for an arms length transaction.
Yes Paladin deserves to be compensated for the deal.
The WMI Non-Debtor Subs assets value is around $34 billion.
Revenue generation, I have no idea. No numbers to work with.
We know that the WMI Non-Debtor Subs exists and are now active.
Shares for Value, Value for Shares!
? What if COOP suddenly had a 200 million share float?
? Or a 300 million float?
No Proxy required.
Class 22 only!
Yes I own P’s.
This is not price dilution.
More later,
Ron
Any New Information Regarding Paladin?
Anything more information regarding your WMI Non-Debtor Subs?
Great work
TIA,
Ron
If I Could Answer The When Question, I Would!
I’m as frustrated with the time as you are!
I like seeing the WMI Non-Debtor Subs becoming active.
Good sign.
Ron
I Have Shown How Lodas Could Have Millions.
Lodas; 195,000 UQ. So he says.
Retained Earnings plus interest; ~$25 billion
~$25B * .25(25%) = $6.25 Billion
$6.25B / 1.215B UQ released = $5.14/UQ
$1,002,300.00 to lodas!
His math and attitude towards the rewards of his investment don’t add up.
I like numbers. Real math/numbers always tell the Truth.
And there is more for Class 22.
Ron
Lodas, Please Post Document 5885.
We all want you to read footnote 2 again.
That is where 5AT came from.
Enjoy!
Ron
PS;
Please tell us about your COOP put positions.
Bankjob. That is Just DB Globic.
Please see ND9’s posts.
:)
Thanks ND9. UBbancorp!
Now about the Derivative contracts insurance covering the insured ANS Notes?
JPM’s meltdown.
Woodstock
“JB3136......there are presently 28,322 Open positions on the 35 put strike price, and only 83 open positions on the 35 strike ....the Put/call ratio is 338.....this means that there were 338 more puts than calls put on at the 35 dollars strike level...this is bearish put , meaning that the MM knew in advance bad news was coming, and the bad news was when the Fed made the announcement of the rate increase last months meeting... if you look at the options tables, the april 50 ,45, 40, 35 all had high Put / call ratios over 1...when the ratio exceeds i, the stock could possibly fall, which it did....TD Ameritrade posted that there was a 5000 Put Sweep for .60 cents per share...what does a put sweep mean?...the buyer of the put at 35 makes a call to all exchanges to execute the order to buy puts at .60 per share, which was over the asking price at that time... so my sense is this.....MM will keep coop stock at around the 35 dollar price, so they can close their positions by thursday, april 14 which is option expiration....they have already made a "killing" in the puts from 50, 45, 40 strike prices, and they will now try to push coop close to the 35 dollar level by thursday, this week......the reason for the takedown in coop was purely options play, nothing more..... Lodas”
Stock manipulation through the promotion of Puts to that poster wrote.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168519042