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Same For the Retained Earnings Held in a DCR.
The $20.7 billion was placed in Treasury Notes. The Treasury describes this as a Disputed Ownership Fund for taxation purposes.
The FDIC, JPM or COOP have no control over the RE/DCR-DOF.
This money of ~$25 Billion needs to be released ASAP.
This Fund is distributed 75/25%.
The money was generated from the 363 Sales.
Rabbi Trusts = $5 Billion
Capital Contributions = $6.5 Billion
Turn Over Cash = $3.9 Billion
TPS Exchange Event = $4 Billion
...
Please see The Equity Community presentation; December 7, 2010.
Yes I have posted the link!!
Need more Rope? EOM.
The WMI Non-Debtor Subs Have Already Been Listed.
Please see my posts history.
Great thanks to others for the DD regarding the Debtors and non-Debtors Estate.
Your turn;
LINKS?
Lodas, No More Excuses. Post the Link.
JPM settled on the same day.
Ok, Maybe an easier one for you.
Please post a link to document 5885.
Please tell us about 5AT. Footnote 2.
I have more!
:)
9901.
Lodas, Post the Discovery Document.
No more excuses.
Post the Link to the Discovery Document!
Lodas, Post the Link to the Discovery Document.
Date, December 14, 2009.
JPM agreed to settle on the same day.
Link?
How much did WMI sue for?
The Full List of WMI Non-Debtor Subs.
Has already been presented.
You are getting old.
The GSA Was Settled in Plan 6.
Plan 6 moved into Plan 7 with very little changes.
The assets just moved across from 6 to 7, but not into the Plan 7 Liquidating Trust for the Creditors.
The biggest change was Exhibit H, 510(b) that will now go to Class 22 rather than to Class 16.
AAOC Lost.
JPM lost
Class 22 won.
See December 7, 2010 transcript and EC presentation that I have provided in past posts.
I still want you to post the Discovery document from December 14, 2009.
Having difficulty because someone doesn’t want it reposted.
Maybe I should help you?
You and JPM lose either way.
Lodas, I’m Still Awaiting the Link to the Discovery Document.
Please post the link.
:)
Ron
Tick, I Guess That Means You Won’t Be Included.
No Signed Release via a W-9 Form, no money from JPM.
Again, how much did WMI sue for?
$____ Billion.
Now add a multiple due to “Willful Misconduct”.
Why did JPM brag about having $500 Billion in cash?
I Submitted a W-9 Form to Release JPM for “Willful Misconduct”.
Paragraph 41.6.
Hint; WMI sued, JPM lost.
W-9 Form is a IRS document
Our Brokers still have our W-9 submissions on record.
The assets were hidden from Equity by AAOC with the Plan 6 LT.
The Plan 6 LT is part of Plan 7, but not part of Plan 7 LT.
Hint 2;WMI non-Debtor Subs.
Hint 3; 363, 365 Sales.
Hint; KOSTUROS and SMITH Don’t Work for COOP.
KOSTUROS in the Trustee for both Plan 6 LT and the Plan 7 LT.
JPM Agreed to Settle on December 14, 2009.
Then came the Dual Track, JPM is to pay WMB’s full Book Value as of the Receivership date.
Because of the evidence obtained from the Discovery document of “Willful Misconduct” from Project West.
WMI sued based on Civil RICO charge.
Hint; 41.6, we released JPM for “Willful Misconduct”.
JPM ‘s admission of guilt.
Side note; JPM has bragged about having $500 Billion in cash.
? How much did WMI sue for?
Answer? $ _____ Billion.
We Should Be Receiving Revenue from the Non-Debtor Subs.
For some that are slow learners;
Hint; WMI non-Debtors Subs.
Lodas, You Are Making Things Up.
Your post is total fiction.
Please post a link to the December 14, 2009 Discovery document.
Hint; 825 PDF pages.
Why Have We Not Received Anything from WMI non-Debtor Subs?
Non-Debtor Subs have nothing to do with the FDIC, or JPM.
They can’t be in any litigation.
??
JPM needed the Release Due to Protect West.
See the Discovery document filed on December 14, 2009.
JPM agreed to settle on the same day.
Hint; “Willful Misconduct”. RICO!
The W-9 Released JPM In Principle for “Willful Misconduct”.
41.6
JPM/FDIC still needs to pay for WMB to Class 22.
510(b) of Exhibit H.
We also received shares in NewCo with Plan 7.
The Plan 7 LT only received enough money to pay Creditors by design. Plan 7 LT paid off the Creditors. Done.
I have posted about the Plan 6 LT Created by AAOC to hide assets from the equity Classes.
Hint; “That’s not the Trust Your Looking For”. All well documented in court transcript and EC presentation December 7, 2010.
Hint; See discussions regarding WMI non-Debtor Subs. The Subs are not at COOP.
When? We just don’t know.
Money? YES.
We don’t know why the money is not released to the Equity classes.
BK and CS needs to complete the task.
The List;
RE/DCR of ~$25B, 75/25%.
WMI non-Debtor Subs
Payment for WMB plus a multiple for “Willful Misconduct” by JPM.
ABS Trusts payment for Accumulation of funds.
Hint; WMIIC/WMAAC.
Others?
Ron
After Hours; $41.06.
Now $41.06
https://www.nasdaq.com/market-activity/stocks/coop/after-hours
5AT. Nor does He Understand 41.6.
“Willful Misconduct” is the terminology used for Civil RICO.
Hint; Project West. Rule 2004 Discovery of JPM. Date: December 14, 2009.
We Released JPM in good faith that JPM will pay for WMB plus a multiple to resolve JPM’s crime.
LIBOR was completed late 2020.
Globic is completed, and with indemnifications.
JPM has bragged about $500 Billion in cash.
Anyone want to repeat my list?
Chow for some.
Ciao for others.
Lodas You Lost the Argument Because JPM Lost the Dual Track.
Go find 5885. Because the FDIC lost!
Go find the Rule 2004 Discovery document filed on December 14, 2009.
Again JPM lost.
Hint; 41.6,”Willful Misconduct”.
Do you know what “Willful Misconduct” means?
JPM admission to civil RICO.
Pay up X times.
Please tell me about the FDIC’s numbers?
$299.8 for WMB and it’s assets.
GO FIND THE DOCUMENTS YOURSELF.
Prove to us on this MB you can do DD and read.
I have posted links countless times regarding 5AT and 41.6.
Lodas, You Lost The Argument. You Have Proved You’re Ignorance.
We are talking about court documents.
So you never read the Court Documents on the KCC site.
#5885, footnote 2.
Search IHUB 5885. Because it has been posted many times before.
I hope your J-22 sailboat works out for you.
My story is much bigger.
No Lodas, You Answer My Questions First.
Please Tell Us About the Outcome of the Dual Track?
1. Discovery of JPM released to the Court on Dec 14, 2009.
2. Dual Track...
Answer...
FDIC’s numbers!
•••••••••••
No, the first Liquidating Trust created by AAOC during Plan 6. Just ask the Equity Committee.
Links and PDF pages already provided to AAOC Plan 6 Liquidating Trust.
Not my invention. The Equity Committee won for the Equity Classes.
Too bad for you that you are not party to the party.
Therefore Please buy your own Champaign. You won’t be at my party!!!!
Ron
FDIC Said; $299.8 Billion for WMB and it’s Assets.
Hint; WMI sued FDIC/JPM for $307.2 Billion.
Hint 2; JPM lost. See The Dual Track.
Hint 3; JPM bragged about $500 Billion is Cash. Then FDIC closed Globic with demands for indemnifications.
Are you sure you want to play this game with me.
I have many more questions I can ask that I bet you can’t/don’t/want to answer.
Hint 4; Document 5885, footnote 2, 5AT.
Need more?
:)
Lodas, Please Tell Us About the Outcome of the Dual Track?
1. Discovery of JPM released to the Court on Dec 14, 2009.
2. Dual Track...
Answer...
FDIC’s numbers!
Correct baldeagle1, Equity Won Back the WMI Estate.
The WMI non-Debtor Subs posts are proof.
Hint; December 14, 2009; The 2004 Discovery of JPM hit the Docket and we had hearing.
JPM lost and settled. Hence; 41.6, “Willful Misconduct”.
We Won!
Yes I post this a lot because it is our WaMu history,
Ron
But do you understand how the Derivative market was the insurance policies for the ABS Market?
Insured Bonds.
The Derivatives covered RMBS losses. The putbacks into the Trusts kept the revenue stream the same. WMI/WMIIC are the recipients of that revenue stream.
Again, the Derivative contracts covered the losses.
Please tell me about your understanding of 41.6; “Willful Misconduct”?
Ron
Correct, Why Red is Wrong.
Red was right about one point; WMI is a Holding Company and not a Bank Holding Company. The FDIC has no authority over Holding Companies.
5885, 5AT, footnote 2
WMI sued the FDIC for $307.2 Billion, $7.9 Billion came back to WMI.
The math works! FDIC; “$299.8 Billion for WMB and it’s assets”.
WMI/WMB was in control of the situation. WMB had loans for put backs to the RMBS Trusts to retain the performance, but the losses were covered by the Derivative insurance.
WMB wrote loans, WMAAC? Package the loans into Trusts that became Bonds. The Bonds are then insured through definitive contact. It a loan failed, WMB outback loans into the trust to keep the same performance to the investors. The losses of the failed loans were covered by the insurance. For WMI/WMB this results in a zero losses because as an investor in their own offerings, the losses are covered.
Hence; JPM’s Derivative Meltdown.
As we all know, JPM is lower than evil.
41.6 “Willful Misconduct”.
We won. Now FDIC/JPM just needs to pay.
WMI was the owner of WMB and it’s assets.
Regarding the FDIC; WMI is a Creditor to WMB,
Ron
Why Have KOSTUROS and SMITH form a New Company?
Very expensive and time consuming. If the WMI non-Debtor Subs are going to COOP, why create a new company that needed outside investors just like KKR provided for Eclipse?
Why not just COOP do it! COOP has $2.5 million available, but didn’t do it.
With my W-9 submission in 41.6 I released JPM, and released WMI (WMI Holding Corp) with 41.7.
WMI Holding Corp Is not COOP!
WMI Holding Corp Was Eclipsed by three magic Wands.
Ron
Please see your txt message from me.
We win!
Yes jb, we won. It’s all about moving the money.
I don’t see any other parties like HF that have run off with our money.
510(b) for WMB payment and all the rest.
510(b) was the biggest chance from Plan 6 to Plan 7.
That changed from Plan 6 to Plan 7 was who would receive the 510(b).
Smile Class 22,
Chat?
IMO, WMI Holdings Corp Went Private “WAND”.
See replied to post.
PALADIN ACQUISITIONS COMPANY LLC is management for WMI non-Debtor Subs. The subs accounted for in both Plan 6 and Plan 7 Disclosure Statements.
WMI Holdings Corp Should be giving shares of it self Class 22 holders as the going forward entity.
Class 19’s rewards are RE/DCR at ~2.5X, and another ~2.1X performance payment for the P’s. LIBOR bonus for K’s. TPS done at ~2.5X.
Yes I could have it wrong. PALADIN proves that the WMI non-Debtors Subs are alive and active.
PALADIN raised capital from investors. Is that because WMIHC can’t release funds yet. Why did WMIHC need KKR? Same reason?
RE/DCR money has not been released. Yet!
ABS Trusts, the issuer was required to hold 15% minimum of their offerings.
Think; Cash Flow.
Has someone ran off with our money? So far we can see no evidence of that.
Ron
Yes, Why Form PALADIN ACQUISITIONS COMPANY LLC if...
the WMI non-Debtor Subs are going to COOP?
Yes the Subs are alive and active.
Thanks and keep posting this list of WMI non-Debtor Subs.
Ron
Again; Just Because JPM Found $30B its Missing.
Doesn’t mean it was lost according to WMI accounting of WMB’s books.
JPM has bad accounts that are very good at bad according.
Again; WMI sued the FDIC/JPM for $307.2 Billion for WMB. JPM lost.
Again; 41.6 “Willful Misconduct”.
Releases are exercised with payment. We released JPM in good faith. Now FDIC/JPM must close the release granted them.
Ron
Thanks JWW. You May Soon Understand the Derivative Market.
Put-backs to cover the RMBS and other ABS Derivative obligations by JPM and other Derivative contract writers 424(b). Check it out.
The WMI/WMB Loan Portfolio as ABS/Bonds were insured.
Therefore WMI/WMB loans are to be reimbursed for loan losses by Derivative contract writers.
JPM was very over exposed as was other big banks.
JPM dragged about $500 Billion in cash.
COOP holders didn’t sign Releases to JPM for “Willful Misconduct”, 41.6 regarding WMB.
COOP is POOP without Old WMI Equity.
COOP has no claim to WMI assets.
You don’t get my property.
Ron
JPM Lost The Dual Track in Rosemaries Court.
The Dual track needed to be ruled on before Plan 6 could be created and submitted for approval.
AAOC won. JPM didn’t get it all.
Book Value; currently according to the FDIC; $299.8 Billion for WMB and it’s assets.
Liabilities? We will see. I don’t see anyone’s claims as liabilities.
510(b),
WMI non-Debtors Subs
You know the list.
FDIC did not have the authority to seize a Holding Company.
JPM is not truly Released until the FDIC pays us!!!
Now about that AAOC Plan 6 Liquidating Trust that is imbedded in Plan 7, but not in the Plan 7 LT!?!?
No Money, No Release,
Ron
Correct. Distributions to Creditors,
And close the Book before closing the Receivership.
WMI is a Creditor to WMB.
Ron
Thanks Ddd, From memory, The Residential Housing Market;
According to the FED was $13 Trillion back in 2008.
My understanding is that not all JPM’s Derivative exposure was insuring ABS like RMBS.
Hint; JPM recently has-had $500 Billion in cash.
JPM has made money recently from there 424(b) Derivative offerings.
Dinner is cooking...
Let’s keep this topic alive,
Ron
If You Understood the Derivative Market of 2008 regarding ABS.
The Derivative market back in 2008 was $75 Trillion or much greater ($83T). 57% written by JPM. All Naked Contracts.
JPM’s butt was up open to the air and need real cash fast.
Again; WMI/WMB protected WaMu because the ABS Certificates were insured by Derivative contracts.
All ABS/RMBS are required to be insured.
JPM’s 2008 meltdown.
Now JPM is fixing the Derivative Contracts.
IMO; AAOC and friends are still playing in WaMU game.
Them-we We-them.
P-6 is part of Plan 7, but not in Plan 7 LT for Plan 7 Creditor’s.
Ron
Are These Dates Similar to ‘Maturity Dates’?
12/25/2035 to 10/25/2046.
The last one;
“162,547,124 2,996,963
Washington Mutual Mortgage Pass-Through Certificates WMALT, Series 2006-AR8, Class 3X1, 1.404%, 10/25/2046 (I/O) (a)”
That’s forty years!?
Ron