Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Until something happens, smells like methane to me. Smoking cow paddies...
Amen, my friend!
Bban, just remember, what's the opposite of PROgress...
MY fav saying is "If you're not the lead dog, the view is always the same." :)
Might want to go punch a cow to let off some of the angst…
Did you expect that in check form or Apple gift cards?
Phred, if those assets are junk, there is some residual value...even if 30 to 50% its good beer money. I tend to agree with Bban, file and they settle; otherwise the only ones who get rich are the milkmaid attorneys.
These price predictions are starting to form a sine wave...
Your statement makes no sense...
Then please explain why the underwriters chose to give up their position in 18 for holdings in 19.
Let's face it, decisions being made across the board ARE NOT sound business decisions, but are based on what they see as public perception. The economy, quality of life, etc. be damned, its all about keeping power and control. Problem is, not all voters are idiots, and many are starting to see this for what it is. They are seeing preference and control given over to special interest minority groups, feeling it at the pump and at the stores, and are concerned over the worsening of the situation by the potential inflation increases.
What they SHOULD do has no bearing if its not part of the agenda...
While what you say may be theoretically true, after seeing what's happened on UWBK, WaMu, Lehmans, F&F. I have absolutely NO TRUST that they will simply do the right thing. Seems like nothing coming out of DC can be trusted.
Frodo, what to keep the FIDC from holding onto these funds now, due to the current crisis? What would make them opt to release now, or even some time in the near future, when the next planned series of bank failures is occurring???
Signed, sealed, delivered...We know know the identity of Fred...pleasure to meet you Stevie!
Hopefully you saw this correctly :)
Interesting he didn't use the term "satisfied in full" which is markedly different.
Well, then, let's get the boxcars on the track and get paid. Seems like there are too many derailments lately. Is this all Pete's fault?!?
Truer words…. Over the years I’ve come to know several Russians and Chinese. The average, everyday person in every country only wants to have a decent life, a roof over their heads, food on the table, and the ability to raise a family without fear. The leadership and the political entities in power who want to maintain control and live in a constant state of fear of losing such power are really the cause of all global suffering.
Not at all, just sitting here chilling until it gets a tad warmer to play outside in the garden.
I'm making up a UWBK dart board, with $27 at the center...taking orders.
Hey, imagine it goes to 10%, yet it doesn’t settle for 10 years. You’ll earn a ton of money, but it’s more than likely your estate will as you’ll be cemetery fertilizer.
Not offending me in any way, it’s just another piece of useless trivia to share. It’s actually the CCP, not the Chinese in general. I know several over there for years, good people. That said, doesn’t matter how the people are when their government is so F’d up…as we well know.
8 is the lucky number for the Chinese
Four years of tingling? Likely things will fall off at some point…
Keep going, you’re getting closer…
Just did, and it replied "Fred knows all". Just goes to show you that, like anything, its all up to how it's initially programmed.
So, is this Law firm an avenue for potential resolution of the failures caused by LBHI and BYNM? Wonder if they work on contingency...
8 x 3 (Rico) = 24, no?
Fred, if not the WaMu shareholders, who are the beneficiaries of the Trust? How could they simply assign to another party? How could they assign to creditors, etc. more than what they are entitled to?
Are you referring to a horse race or this stock?
I’m referring to Absolute Priority Rule. Just thinking that preferred couldn’t be cut out of any distribution if common participated, as preferred have priority standing over common. In this case, would preferred be considered part of the creditor group?
What about APR, then? If preferred should have consideration due to APR, are the then treated like debt? I would think that CTs would be, at a minimum.
I could be mistaken, but is there not a requirement that old and coldshareholders have to have 51% ownership of the newco going forward to utilize the NOLs?
Hmmm ... no news is no news, from my perspective.
Must be some kinda Scandinavian dog…
Frodo, if Bban hadn’t communicated with you over the years, just think how much you would’ve had to pay out for therapy. Surely the balance is still more favorable on his side…
Smells like a real lawsuit in the making, if all of those requirements to receive payments on your escrows were not detailed in a disclosure.
...and the count continues to climb...
Why does Frodo keep doing the limbo here??
Just remember, it has to be consensual :)
I dunno, methinks your crystal balls are a bit clouded. Might need to polish them…