Waiting
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just over 3 months old.
6/30/17
I get your point, but when you exaggerate and call it 6 months, you undermine your own argument.
Jest
I stand corrected. You are 100% correct. Was at my sons birthday or I would have ran the calculations back then. Thought id see much more divergence as I moved through the 9 years.
Thank for that Aaron
Jest
Can someone who HELD H's confirm this? 11.47 per?
Jest
Not sure where the "shareholder" angle is coming from... WMI IS a creditor to WMB, and as such, it is reasonable to think that we would be included in the settlement, correct?
Johnny...can you reply to claw? I want to put this item to bed if possible. We have been stating for months that WMI was a creditor of WMB.
Jest
Yeah,..I noticed after my initial post. LOL It is nice to have someone who is actually talking to us about some of these items.
GLTY LP!
That one was already addressed in the summary LP. The first part anyhow. Betting they will not field any question any Safe Harbor questions. Guess it is worth a try?
Who refutes this?
Can anyone add any information to the SEC KKR filing? Jest
That link looks like it is to your desktop.
Can you send the link to the online site? I would like to review.
Jest
Me and a lot of others read and trust your posts...I just really want everyone to be VERY concise. You said WMI was seized. Not so (even though some seem to be suggesting the FDIC seized the parent too).
The foundation of facts which you help create can be quickly undermined with inaccurate statements.
Thanks for all your contributions.
-Jest
Don't believe everything you read and then pass it on as true!! If EVERYONE would do a little fact checking BEFORE posting on facebook.
TARP was a BUSH policy signed into law in 2008 right before he left office.
See? Fake news from the right (AND yes, from the left).
Please send a correction to your post and to the author of that article.
Listen. YOU keep throwing words around here carelessly. It is YOUR lack of understanding OR your CARELESSNESS that adds to the confusion here!!!
TWO ENTITIES:
1 PARENT WMI IN CH 11 BK
1 BANK SUBSIDIARY WMB SEIZED BY FDIC
Get it right and SAY WHAT YOU MEAN or contribute to the same chaos that YOU accuse BKShadow of perpetuating!
Jesus
Hotmeat is correct. That makes no sense.
Nonsense.
Yep! And not only that, there were OTHER reasons for Project Fillmore which revolved around the "thrift" designation under the OTS. As such, they had VERY different requirements to maintaining that status, including percentage of loans to homes and such. Many seem to think that Fillmore was solely to fix the Tier 1 capital issues, which is only partly correct.
-Jest
Yep.... I saw this as a possibility years ago...
You remember??
I PMed him to tell him to CONFIRM.
Also,
READ this.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116242487
READ it!!!!
Do you think Akin & Gump were deposing Brian Rosen for christ sake!?!?!?!
Jest
Drop the tude. Am trying to correct an inaccuracy here. One YOU should have recognized after all these years. Perpetuating an inaccuracy is the problem, not my contesting it. Have a nice day.
Jest
If memory serves me, it was a statement by Akin & Gump while discussing the scope of the Examiner.
Gary...I tried to tell you in PM that you are citing the W R O N G source for that (paraphrased) quote. Please do not cite it incorrectly again.
You know...I PM'd gary to double check who said that!!
GARYHALVO THAT WAS NOT BRIAN ROSEN!!!!!!!!!
Did JPM place a large offering for nearly $1 trillion recently?
Jest
This is where I worry the most. If there is some "unfavorable" content in the settlement which has not been identified yet, my fear is that we won't know until its too late.
Jest
"...nothing to do with escrows."
IS IT POSSIBLE that WMI parent held even ONE of these trusts?
If so, then wouldn't your statement ne false?
Jest
You sure about that? -Jest
And what is the correlation between $4billion and Project West? There were some periods when I was "disconnected" for personal reasons over the last 9 years. I may have simply missed it.
Jest
Huh? Project West was a JPMC initiative started BEFORE seizure focused on acquiring WaMu massive west coast footprint.
Judge Waltath was NOT a part of that.
Jest
This long holiday weekend....
Thanks Distro! Agree on resolution ASAP!!!
Jest
You, and others, keep saying this, but it is widely known (from THE OTS summary sheet) that seizure was a result of a lack of LIQUIDITY; not NOT a lack of SOLUABILITY. Given that is true, what would preclude ALL classes from FULL reconciliation via payment? And if these assets are in safe harbor, and truly partitioned, why would we care if all classes are covered?
I and others have been both confused and concerned by this aspect.
I was wondering if you were being rhetorical or not! Italics!
Thoughts on the high volume?
My "shoot from the hip" guess is covering.
Jest
What in the hell??? We were solvent! Period!
Assets > Liabilities
That's how!
Correct!!! IMO
Yeah onco...that does not apply throughout. The language, as I recall it, was plain and clear.
Thanks Wamu999
Holy cow
LOLOLOLOL
Ditto!
Jest
So is KKR just a distraction? A play fake? What do they bring to the table if we never needed assets? Jest