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Lg
Why would the receivership have ANY control over safe Harbor funds? I thought safe Harbor was BK remote?
Tia
Lg
Is closing the receivership a prerequite to distribution?
LG
Safe Harbor mentioned!?
AZ
Just Say in
Thx
AZ
Where did the $50 come from?
AZ
How much is Massive? 5 figures 6 figures?
Massive is relative.
BB
Oops. There goes BIG GOVERNMENT with zero tax power on the true owners of the once great USA.....us!
LG
Before 12/31/21 for tax purposes?
AZ
What are the funds?
Goodie
On the right track but with a preferred issue to escrow with a stock issue many time 20 coop commons per new preferred issue. We don't have the huge outstanding COOP common for nothing!lol
Worker
Actually will be closer to $60.imo
Ndt
Par of course. Bare minimum. Back to where we were pre BK. No other assets for escrow to receive. Kinda naive!!!lmaorotf!wow WMI was just some mediocre bank holding company. BS.
Rock
Congrats!
Hey rock
#1 let's be reasonable and say you have 500 p escrows as retail. So you would be issued 500 new p preferred and therefore 500k commons when the common average price was $60/share for say a 30 day timeframe.Obviously a windfall that large brokerages would love to deal with you. And it appears that the some of the handlers that have escrow skin in the game are already amping up to utilize the funds for acquisitions in spac type ventures. We just might.be fortunate as hanging on to the coattails of the big boys and reap some rewards ourselves.lol Always remember there is a huge number of authorized COOP common(say 2B?) that are available for use in a private placement to escrow holders. The majority of retail has a minimal amount of P escrows(100 -500).
XOOM
Of course! Why anything less? Imho. And there is no one to refute it here with alternatives as far as I know.At least on this board as well as BP.
PEOPLE this was a huge entity. You HAVE to think BIG.
Think bigger Boris.
Rock
Preferred share=1000 COOP common. Issued with COOP common at $60/share.
Split T
I see.the PPS of COOP rising to $60 and Ps being issued 1000 shares of COOP for each P. could be happening soon per latest Barchart prediction.aimho of course.
Newflow
I see some of the article as made up popecock to bolster the rest of his narrative. No mention of project west at an . Dead giveaway to his agenda. Some if his other rantings seem to have some basis for reality. WAMU was made to appear it had failed!
JB
I like others.received some common shares for an amount of escrows that I was given when I released. The common I received was rather token. At this time I own no COOP. Nor do I plan on owning the highly manipulated COOP shares. I have owned various speculative position in COOP as it was rising.
AZ
What would being a current holder of Coop shares have even remotely to do with being an escrow holder unless the escrow holder just happens to also own COOP shares. There should be no relationship.
AZ
Appears the escrow holders are really in trouble if our fate lies with the BOD.??
LG
Nice to see that dissertation again!!
Kind of reassuring what ever the final outcome is, isn't it?lol
Take care
Uni
A BIG DUH!!!!!
Wow
That should be pretty scary for the once great USA!!lol
Old
Refresh my memory.please. Formerly there were both a litigation trust and a liquidation trust formed. Which was the first.to be dissolved please?
Old
Tax free?
Old
Tax free?
Red
Would surmise that the deposits(liabilities ) are transferred with the "whole bank". Therefore JPMC is responsible for maintaining all.customers deposits( which are of course substantial) and profit from all future bank transactions that were formally WMB. In no time JPMC starts reaping the rewards of the 6th largest bank in the USA. WMI had been reaping the rewards of having WMBas a sub along with a vast multitude of other very profitable business ventures for many years. Just one of the reasons that thebescrows holders will be so handsomely rewarded in the not so distant future now.It is very difficult for so many on this board to comprehend the extent of the windfall. There will be nothing to compare it to in the modern financial world arena.All because one bank was way too big to fail.
MB
Just one those very basic accounting practices that are definately in our favor as this moves forward.
Jww
The $216 is probably more reasonable Based on the valuations Wall st is putting on stocks these days. Hard to find a stock under $100 theses days.
All
Anything going on in the next couple of weeks with announcements?
LG
Any new predictions on distribution dates?
AZ
Your tell seems to be somewhat weak related but weak. We premise something is coming to escrows. At this point there exists no tell to that end. Period.
AZ
Simple question:
If COOP is the Tell which will begin the process, what will we see as the Trigger event?
Lodas
And please stop putting her on a pedestal.She was a lackey is the despot JD. He knew how incompetent she was. She was simply part of his strategy.
Lodas
We know full well what the bitch was all.about.. It had nothing to do with the integrity of the system as far as holding companies were concerned. You are showing your colors if you are defending her actions.She should be in jail for her corruption with JPMC at al.
Stox
Good limited synopsis!
Pick
Think the hedgies will put up a fight?
Zoom
When the dust settles and the current value of each P is figured to be say 10k and that is offered to say legacy owner like me with a few hundred shares, we will have no alternative but to take the offer. Which in my case would probably be acceptable.