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So, JPM is trading at new all time highs BUT will have to make a payment of 200B in the next 10 days which will wipe out half of its shareholder equity, right?
JPM acquired all of WMB’s assets, including its HQ etc
https://www.sec.gov/Archives/edgar/data/19617/000119312508201638/dex992.htm
What’s the value for people to make up stories like “COOP doesn’t own all of XOME” if it literally takes minutes to find out that this all just meaningless nonsense?
Only takes a few minutes to find out from COOP that no such parent of COOP exists.
But that doesn’t count of course - why let facts disturb a nice story?
When was this statement made, 12 or 14 years ago?
What happened to the equity committee or the neutral party investigation since?
So what you‘re saying is that COOP‘s management is intentionally LYING in their detailed officially SEC filings like the annual Proxy Statement etc, thereby risking criminal liability and prosecution for fraud?
Whereas you (anonymous writer on a message board) are telling the truth?
Of course - it’s a distribution only for you as usual.
Let’s just revisit this on 5/1
Of course - it’s a distribution only for you as usual.
Let’s just revisit this on 5/1
... the second distribution has already now been scheduled for April 2024' ...
So we wait max 6 weeks and then the distribution happens, right?
Let’s review this statement on 5/1 then
Facts don’t impress the wishful thinking crowd.
Of course in reality WMIIC was dissolved years ago after all of its assets were distributed under the POR7 - but who cares about reality?
So the entire investor base of JPM is totally overlooking the upcoming payment of hundreds of billions of LIBOR fines? Right?
Meanwhile in the actually existing real world JPM‘s share price reached another all time high this week, showing absolutely zero sign of investors expecting multi hundred billion LIBOR fines to be paid by the bank in the next four weeks.
Yep - he is so special that the LT is making Escrow payments only to him without informing or making payments to anyone else but don’t mind that he is telling everyone on a message board that he got the special VIP treatment from the LT.
Don’t forget that AZ is already receiving distributions on his Escrows.
Of course he is the only one receiving these semiannual payouts because he knows the right people
Meanwhile in the real world JPM reached yet another all time high yesterday.
So JPM shareholders are all totally ignorant or unaware of an upcoming 100B fine for Libor which will wipe out one third of the bank’s equity as of year end 23 and lead to a meltdown in the share price.
Someone claiming that “that investments are liabilities until liquidation” should better not participate in a discussion relating to stock market or accounting topics.
You make all of this up of course, but who needs facts, right? In reality JPM’s share price reached another ATH this week.
Maybe you should tell their shareholders that JPM has to pay hundreds of billions for WMB more than 15 years later - they seem to blissfully ignorant.
Claims of “currently invisible” billions from JPM are the latest nonsensical b/s being fed to a grateful audience.
It doesn’t matter how many of these theories fail, there will always be new ones.
Yes - WMB was a S&L and obviously had deposit insurance by the FDIC.
Not sure how anyone can dispute that.
Of course you have no evidence for this claim - but who needs facts when you can just spew more nonsense?
Spoiler alert: You can easily find old WaMu ads which say “FDIC Insured” at the end.
Please go to a JPM message board and tell them that their bank still needs to pay the purchase price for WMB - and see what happens
So JPM will need to pay 100 or 200 B for LIBOR and also in addition still needs to pay for the WMB assets.
All this while the JPM shares are actually trading at an all time high because investors are totally ignorant of this impending disaster.
You mean JPM paying 100 or 200 billions in LIBOR fines will not affect them which is why the market is totally ignorant of this?
Sure - JPM is secretly servicing WMI’s assets, which is why their investors have no problem that JP will have to pay 100 or 200 B in LIBOR fines - such a small sum would make no difference on the JP share price anyway…
And in reality JPM of course is trading at all-time-highs despite such forthcoming 100 B or 200 B LIBOR payments - but all the JPM shareholders are simply clueless, right?
Highlighting facts is being a „bad guy“?
What exactly is the value of 15 years of failed „theories“ which are 100% contradicted by literally all official statements, documents, SEC filings etc?
JPM share trading at all-time highs, literally no one expecting them to make multi (hundred) billion payments for LIBOR.
In reality of course the “Arizona Public Safety Personnel Retirement System“ has no relevance to Escrows.
But why care about reality when you can make all of this up - these theories will be soon forgotten and replaced just like all of your hundreds of similar theories before and the hundreds that will surely follow from here.
Who would pay these 400b? JPM share price doesn’t look like anyone is expecting these guys to make any multi billion payments (not to mention hundreds of b)
Could you give a quick update on your predictions for Jan 19th and 21st, given that today is Jan 22nd?
Many thanks!
In reality this of course has nothing to do with Escrows.
But who needs reality when you can just make up one “theory” after the other?
How did that play out by the way?
Why do you keep makings things up after literally having been wrong 100% over the last few years?
You have literally never been right.
And once Jan 19th and 21th come around these latest “theories“ of yours will again be proven to have been nothing but stupid nonsense.
But you are DEFINITELY a “Retired College Finance Professor“, correct?
Brookfield will literally NEVER pay out their investors’ assets to Escrows.
Not sure how anyone can naive enough to believe that.
Have you informed Brookfield that they should hand over their investors’ assets to Escrow holders?
Their investors will surely be happy to donate their money - you just need to tell them that you are “Retired College Finance Professor”.
Sounds like a great idea for anyone expecting that JP will pay hundreds of billions to Escrow holders as the shares are trading at ATH
The “class” where you explain to your students that an asset manager will just pay out all of its assets under management to some former shareholders of a completely unrelated company?
What happened to the other hundreds of your “predictions” exactly?
You are literally the only self-proclaimed “Retired College Finance Professor” who thinks that an asset manager like Brookfield could just pay out his clients’ assets to the former shareholders of a completely different company.
But who cares, right?
Sure - you should let the Brookfield investors know that their money belongs to Escrows.
Just tell them that you are a “Retired College Finance Professor” in case they have doubts…