Waiting
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Yeah.. literally words to "live by"
I am trying... but the conflicting arguments and my limited ability to understand the 1000+ facets makes it difficult for me. Trying. It's the one main reason I don't opine here often.
Thanks to the laugh and I appreciate your efforts.
Jest
WMB Senior Notes.
The full breakdown of classes is in this doc.
https://www.sec.gov/Archives/edgar/data/933136/000090951812000087/jg02-2712_8ke22.htm
Anyone know what BB Liquidating Trust Interests refer to? I searched it but found little.
Jest
Not sure where I stand on removal of APR for only those limited issues. I mean, why would they go through the trouble of modifying of it only applied to those issues?
It just seems odd.
Jest
Did the volume just DOUBLE after your post from 500k to 1mn?
I looked at vol after reading your post and it was at 500k.
Nice bump
Jest
Need....More....Powder
GREAT POST!
Hmmmm now thats interesting....
Jest
Its amazing to see this move...
Hello Ilenes
Really?
I Jest!
..subsidiary...
Must Read Info from soundincrest.
Merger!?! Merger!?!
Nice assessment sharing4u. The pattern is clear. Would like to see how this plays out with things moving as they are. Looking for a drop under $400k provided the fees are being used for the services you mention.
Good luck!
Jest
Just because a current holder does not own pre-BK does not mean that they don't fight systemic abuse.
Somehow you are trying to make this a binary condition based on time of ownership. You now attack those who have been fighting with you, beside you.
Don't preach to me (us) about not having a right to complain because of TIMING.
I am a petition signer like MANY OTHER post-BK holders. Perhaps you should realize that many here are damaged WITH you.
Jesus.
Jest
Wow. That is out of line.
WOW! 500,000 on the nose!
Information on Embedded Derivatives:
https://www.wallstreetmojo.com/embedded-derivatives-examples-accounting-ifrs/#embedded
Jest
I've said it before and I will say it again... there a connection with Fannie and Freddie situation which, as yet, has not been discussed. I find it interesting that Fannie and Freddie are both in limbo (conservatorship) at the same time as WMI BK resolving with masses of trusts.
Jest
BANK assets
Great article! -J
Iceberg would be a better analogy.
0.7000
Florian seems to be reasonable in his previous assessments here. I would think that if he were the reason for a bump in volume that it bodes well for investors. What makes you concerned?
I like it! I would like to see quite a bit more volume with it though!
Best
J
:) good week!
0.8000
Yes...I have asked the very same question.
If Piers are left impaired, do they have "rights" to safe harbor assets?
Something about this feels familiar.
Didn't this happen to another company in BK? The judge gave the EC a day or an hour to come up with proof that there were assets remaining? Something like that?
I know there was a case like this back in 2010 or so.
This alone makes more more nervous than anything else.
Jest
Thanks BBAN...been meaning to ask that Q for months!
Jest
Why wouldn't we see a SPIKE in short positions over the last year IF this is going to fail. Seems fairly small changes from reports on this forum.
IMO...This is the signal to watch...along with fund participation.
Only concern with using this as a signal is that both could change dramatically between updates.
How often do short positions and fund participation get updated?
All IMO
Jest
Still around Gmenfan?
It would be 151.150 / 8
NOT
151,150,664,000 / 8
Cura,..we have been here for a long time, but whats with that crazy math????
Jest.
SERVICING!
Mortgage SERVICING,....NOT the mortgage portfolio! You are trying to clarify LGs messy "headline" by messing your own post up with sloppy language! LOLOL
To add to this, $61 billion was JPM servicing portfolio before the 91% increase.
This means that $1.109 trillion was ADDED!!!
To be clear, there is no evidence that this increase of $1.109 is NOT entirely from WaMu either...
Jest
Your question about WHEN is exactly why I asked several hours ago about it.
Timing.
Alright...to anyone who knows the answer....
Exactly HOW and WHEN will Safe Harbor assets get relinquished? Are there examples of this from other BKs which we can refer? How does the timing work? Before BK close or after? Ramifications of timing?
I know this has been posted before, but WHAT document actually STATES that LT is the ONLY owner of S/H assets? Is there ANY scenario where these would not/could not come back to LT.
NOTE: I am NOT NOT talking about how many assets are here.
In a scenario where the waterfall DOESN'T make it all the way to Class 19 & 22, would this affect ownership? Piers? My understanding is that this is not possible as this is the sole PURPOSE of Safe Harbor protection, but I want to make sure.
Sorry for all of the questions, but I have been listening for a while to see if I could understand from the board a better way to ask these questions.
PLEASE do not answer if you THINK you know....I need consensus on the answers....I think we all do.
Jest