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RE petrit, err Putrid:
Why on heavens earth is anybody responding to him/her?
My guess is that he either works for
1: a Hedgefund trying to reek havoc amongst investors.
2: somebody at JPM who doesn't want the truth be known (higher ups)
3: a big shorter at the German markets (ie Berlin) = my guess!
anyways, take your pick but PLEASE refrain from responding to him.
I was tempted many a time to do the same and don't post much, trade the Q's but have a core position of over 10 mil and won't touch/sell until!!!!
IMO, WAMUQ is perfectly positioned to reap the hard work of "WEIL et al" pretty soon.
$12.- I do not expect, but might be possible nevertheless. Depends how hard the FDIC and JPM will get squeezed
GLTY!
GLTY!
Doesn't matter what JPM tries/thinks etc. Fact remains that MU is/was working for JPM as a trustee for MOSH and sorely "neglected" his fiduciary duty administering the trust. Heck he tried to sell the trust properties some years back already and lately within the last 2 months,,, I got reams of paperwork where he failed, to put it nicely.
The ball and suit remains with JPM and Dimon. I do not care "how big they are" and "too big to fail",,,heard it all before in other cases.
Settlement? DUNNO, I'm sure Gibbs is running out of options or has run out already, but I for one would like these 3 Jesters in court for cross examination for the Jury (average Joe) to hear and judge.
Kim and Buzbee are doing an amazing job so far with the help from us peons as well. They should get paid well for their effort as well as all unit holders, return of the properties which PXD claims is worthless - HAH, why haven't they given it back some years back? backpay for layout/charging the trust, Interest etc++++++++ 3x penalties to boot for all 3 defendants.
GYS
Greedy I'm not. I've owned units since 1989, but there needs to be a precedent set as to what "big" companies who obviously fly under the radar under many governments can be allowed to do or not to, to the average SH and therefore I'm pressing the triple penalty phase.
This handling of the trust is absolutely despicable.
rgds,
GYS
precisely, Plaintiffs won't agree to this token amount,triple penalties will be applied to PXD as well as JPM and their UN- trustworthy Trustee, pawning off MOSH properties some years back etc. and trying as late as 1 month ago at the auction.
Plus the repayment for all the legal fees from PXD and JPM which was deducted/charged to the trust mind you.
$4.00/sh is absolutely ridiculous but then the long term holders like me know that already. Only the Johnny-come-latelys would accept these terms but then they are not in charge.
GLTY!
FWIW:
Believe me there was a method to this madness for filings = 2x extension for upcoming trial (KIM/BUZBEE) to force GIBBS hand and reaction.
Well, we saw the first one for an underhanded auction the 11th hour.
Unpaid interest by JPM since 1982.
Finally WSE chiming in?
ROFLMAO!
MU ----WHO??? you mean OUR trustee raking in $$ for rubber stamping a pre-printed form and "dealing under handedly on the side" will cost JPM dearly and YES, I do see MU in an orange suit, maybe he should be shipped to Sheriff Arpaio (sp) in AZ for running a tent camp?
I definitely would vote for that together with J. DIMON, remember the saying:
the fish stinks from the head?
Precisely! MU's behavior was sanctioned!
etc, etc......
I can hardly wait and will be there!
GLTYA!
p-chen, could have been done all along through various channels and "other entities" IMO.
FWIW and IMO.
JPM shorted the heck out of WAMU after their offer of $8.00 was not accepted last year and therefore created this "so-called" run on the bank, of course in collusion with the FDIC.
Now the FDIC seized the bank and gave it to JPM for peanuts in effect bolstering JPM's bottom-line as seen in their filings.
However the shorts or the naked shorts (JPM through various off-shore accounts) are not covered yet.
AND of course in collusion with MM's driving the pps down in order to get the RT traders out......see this happening today short of any suit being filed today.
Have a great weekend all.
Hi guys/gals.
I'm glad to hear what happened today.
Originally was so mad at the offered auction and the judge allowing it, I was questioning Kim's and Buzbee's sanity of being MUM and not even the slightest protest, but called them and was "pacified" and in no specific terms.
Letting the auction go forward told me 2 things:
1: either the properties were already depleted = proof!
2: Gibbs/PXD just floating balloons and collecting his exorbitant fees.
3: Pretending to be cooperative in auctioning off. Mind you they said many moons ago that these properties were worthless so why didn't they give them back to the trust about 4 years ago and made WSE pay a not so small amount? Besides why take them in the first place.
4: trying to throw anything against the wall hoping, something will stick eventually before "midnight strikes"
5: I'm happy with this outcome today, however teetering on the edge while the bidding went on
6: Sort of was expecting for TB to step up?
7: Nah, too smart for that and will suck it to PXD at a later date?
8: deception galore and wonder whether Gibbs will be found in contempt?
rgds,
sloth, I remember you from way back when.....you actually went to a SH meeting and came away with a glowing report which I questioned that time, having gone to their offices more than 1x.
I'm still cringing regarding the "sub" which somehow got lost in China and the subsequent write-off.
Remember, it was Chris Bickel who originally ran the company only to be "shipped off" to China and then his father took over.
And so my Q is, why didn't Chris B. find the sub or at least have an eye on it.......or did it find it's way into his coffers.
I wouldn't be surprised a bit.
What will it take to move this PPS = accountability, transparency and EARNINGS!!!!!!!!!!!!!!!!!!!!
Read and enjoy the Pr's but so far meaningless until SIVC will have some income.......waiting though!
Sorry, I don't want to ruin the parade and you Mods have done a great job though.
I've probably been around more than Sloth and other old timers etc.
So take it FWIW and
GLTY.
did any of you listen to the transcript from the court (B. Madoff) just read on FNC (shepard smith)
Madoff clearly stated that all monies deposited or paid out over many years were at CHASE.
Wonder whether they will have the same "claw back" rule applied to them and their shenanigans as regular folks?
ican, he/they are trust me.
If you feel more comfortably then send too. = I-Box
instruct: AMEN.
Talking poor won't cut it at the trial, same as with JPM's DEMON (Jamie Dimon) = Lucifer in carnation LOL.
BOY fwiw:
7,500 shrs traded so far on the bid side
B: 2.00 A: 2.25
size: 1x60
Leb, DUNNO what you mean by "frightful" (fearful might be more appropriate?)
As to JPM under Jamie Dimon (DEMON ) they are more than cocky to say the least having the US government behind them so far (well all SS monies and other gov stuff in their coffers) so it's easy to see where they are coming from.....
but then what goes around will come around eventually and rather sooner than later
AIG being propped up "re" too big to fail, JPM being propped up as too big to fail from US little guys where the top echelon is LTheirAO! and still doing so while partying in some posh resort, latest from the Unions down in FLA, ......I could go on, regardless of the parties involved.
Watch what will be unfolding in the near-term.....for starters China won't buy any more of our papers, Japan so far is broke, the Saudis and other oil rich nations - don't think so.
EUROPE, lmaf, they have enough to do to prop their own economics up.
It will come down to what the people of the US will want to happen, me included as I for one am sick and tired of "mindless spending/propping up" and we need to get back to basics again with some pain though.
'nough said, and sorry I needed to post this for others to maybe "think"?
As to MOSH vs. PXD, JMP and WS, I will state that there is no chance in hell that they will succeed, despite Gibb's trying to sidetrack and obfuscate the issues at hand = I guess he's lost it and just be billing for what he can get at this point ===== the trust will get reimbursed, I assure you!
JPM and "their" mindless trustee, NOPE not really so as he did do some stuff on his own trying to sell/pawn off properties before but mostly under the tutelage of JPM and raking in $$$ in putting out "forms" and not really caring about the trust, they were supposed to............ big, big penalties here and maybe removal that JPM can't ever become another trustee for anyone.
WS seems to be an innocent bystander = NOPE, they knew very well what they were getting into but ignored it! Yeah well......? It all comes down to roost, doesn't it!
OFF to trial I say and let a TX jury have at it at them weasels
rgds and GLTY!
Hi All,
FWIW,
the shorting came from PXD's and JPM's SH's,
Done?
Dunno as there are still amounts on the books, naked as well through some of the Majors ....now being funding by us little people = downright unethical and disgusting!...
But then do they (BIG WIGS and the GOV) really care = NOPE!
Have they ever.
Time to start thinking "for us" and not letting them doing anymore of OUR BIDDING and I mean "the GOV. vs the people" and fire all these representatives/ Congress and Senators galore = they are just "career politicians" having NEVER worked an honest days work in their life...
and then start from scratch electing them from the "stock of the US"
IMO.
Now as to these latest filings = IMO brilliant move from our team = Kim/"buggsy" to force the hand/show of hand of PXD and JPM , judging by the latest filings they might be getting worried = still not completely as "Gibby" is still telling them that THEY can/will win.
PXD's demise I'm sure of but, JPM's not really as the gov. seems to fund them with " OUR tax dollars galore" just to keep them afloat and BTW pay Jamie Dimon's salary to be sure = goof friend of our President.
I do not expect a settlement anytime soon = WE GO TO TRIAL!
rgds,
Yeah, and I am sure you remember who started with the deregulation?
ROFL.
And where was B. Frank and C. Todd to oversee this?
'nough said as you obviously NEVER lived anywhere else but the US.....I have in 15 different countries.
Therefore I suggest to educate yourself first before spewing nonsense.
desp,
NO and was there when it was perpetration through ACORN and saw the strong arm for some one to vote "DEMS".
Don't kid yourself now. I got proof! via Video and "speech"!
However YOUR post I agree with!:
ONLY 6-10% of all mortgages are delinquent, that is not large enough to have caused this meltdown. Now here is the problem, CREDIT DEFAULT SWAPS.
Credit Default Swaps is the financial weapons of mass destruction. Why would a foreclosed condo in Florida affect a bank in Austria? Thats because of SIVs and monetization of this mortgaged backed securities.
Look I wish you we could talk face to face so I can take you to see condos that people put down 10% on speculation and they basically walked away after the housing boom bust.
People want to keep talking about Acorn. The media is doing a good job with that smoke screen.
take and research the shorts via Barkley's?
'nough said.
I applaud you for posting this...ACORN strong arm-tactics comes to mind?
desp.... YEP, right on..
and who started this dereguation?...
Now Clintons and their subsequent stooges come to mind:
Barney Frank and Todd ..WHO were to over see this?
Come again!
Leb, I respectfully disagree with you there.
IT WILL be squashed, but for some local reporting from the Harris Court but nothing else since it involves JPM = US GOV. who can't do wrong.
As to "our local tout = SMILE" who can't write or spell too well......got my doubts as to whether he is what he claims to be.....think about it!
As to MW? huh, another story.
IMO, he made his/their(?) trades and YES I know who he worked for/now works again....... brace yourself for another "slew" of postings in about 1+ month!
Make your own conclusion.
rgds,
GYS
FWIW:
I paid off the mortgage on some houses I own = credit score went down and I was at 820!
BTW, acquired them through hard- earned $$$ and not shenanigans but now also faced with defaulting renters.
Figure that.
Then over the past year I also canceled some CC's = credit score downright plummeted ....and I only have 1 now which I pay off every month, albeit no score increase
Jerle and others I think you are right with your assumption of the CC crisis and THEY will ask for more $$....hence the current administration will step in to accommodate AGAIN.
This whole scenario looks and smells like Socialism galore = where I came from originally and I'm sick to my stomach to redistribute wealth from the majority.
Nope not the 5% who move their wealth around or have them stored in a safe place....or so they think!
Switzerland isn't it anymore but then there are OFF-Shore accounts galore.
To the ones who encountered exorbitant fees on their statements etc..... CALL them. If you had been paying off in a timely manner, they should adjust or waive.
AMERICANS please fight back, I implore you!
Greetings everyone.
Did any of you see the major declines in JPM and PXD?
I'm more than amazed to have seen this today.
Guess that will leave "the Australians" on the hook?
GLTYA
BTW: where is the board tout = settlement to come every weekend since Sept?
ROFLMAO.
Hi there and FWIW
and to all/for the ones who still care about MOSH and not post Sport and BS galore.
Trust me MU got the seismic data but neglected to either file (DUNNO) or act upon it (LANDED IN THE TRASH BIN!)
Remember he tried to pawn off the MOSH properties prematurely which of course failed.
For JPM this was just the "trustee branch" and not to be bothered with "stuff" = just rake in the monies and show a profit EOY and therefore didn't know the details, but then they will learn the hard way in the process and have a lot more on their plate than they care/can deal with (MOSH being just a pimple for them so far, hence no responses, but billing galore = did you guys ever see the amount/mo for a copy and paste job?) but OTHER unsavory acquisitions and fraudulent dealings are coming to light with of course OUR TAX MONIES FROM THE AVERAGE "JOE" OF MULTI BILLIONS of USD to prop them up?! = to save their upper echelon (Dimon and others) lifestyle (unfavorably I might say <g>) when the rest of America hurts badly! Makes me really sick of what this nation was reduced to!
Will they protect their patsy (MU) in the future remains to be seen, or leave him hung to dry...... doesn't matter THEY, JPM ist still on the hook for gross misconduct/negligence as a trustee for the MOSH trust...should also pay triple damages if not more since they not only neglected their fiduciary duty for strapping us with this Trustee Michael Ulrich under their umbrella, but turned a blind eye in the process, but then did they really?
The past few hours I read quite a lot of posts, yep, I was in Canada...and some of you either are just "johnny's come lately and..?
OR just,full of themselves and spouting off, claiming to know "lord knows what" = quite a few, but some of them very reasonable in their approach of what's going on.
Even though being a VERY long trust holder and yes was/I'm patient this will be culminating into "?" but I always have "other scenarios in mind" but ready to strike again.
By all means this isn't over and won't be for a long time. Gibbs throwing barbs and anything what he's had in his power in the hope something WILL STICK! = so far nothing
which takes time to get "denied again" and OUR legal team which also need to "take into account/sue separately for the recovery of "Gibbies" fees over the years which were BTW charged to the trust.
I'll see to this even if it takes my last breath, but then my kids, grand kids are up to speed and will go after them as well.
Hence my very "few posts of late" since others do not/didn't want to hear or read before.
rgds and GLTY.
GYS
FWIW, I do not agree that we take WSE into consideration to manage the trust properties. They are just as guilty as PXD. Don't/didn't they have a legal department to look over the illegal farm-out?
I am sure they did and let it slide under the rug. Whether it was PXD assuring them that MOSH will be bled dry and not to worry doesn't matter to me. They are guilty by association.
And what really burned me is that the had the nerve to file the AMICUS, but otherwise remained MUM.
We do need a new trustee and a new operator who is trustworthly and WSE just isn't it.
Plus of course the settlement + triple + our properties back.
Have Happy Holidays.
Leb, you a got a link for this?
I, for one am not surprised that RG acts up and posturing galore = defending his outrageous fees to PXD, which BTW are charged to the trust, knowing that "Buggsy" is O/B with us and will hit hard.
ROFLMFAO!
instruct, you took the words right out of my mouth.
Now reading through all the legal stuff by some new posters = which I can't understand but forwarded to my sons and grand kids to decipher for me in plain language..yep I still hold the strings for the family.
My 2 cents now:
with this new finding RE: sideways drilling for the property by PXD and their cohorts to be graciously given back to the trust....will definitely be a major "beef" for the plaintiffs....doc's at hand as well as affidavits from the ones who did it on behalf of PXD, hence Buggsy went on board.
OK, I do not want to speculate as to the "pay=out" for MOSH holders, some of you are just along for the ride and never experienced having a "trust" be blatantly depleted...and will exit shortly/EOY.
So be it and the PPS will go down,
I've been a holder for about 20 years and this shake doesn't concern me the least, despite these "legalese posts of late".IMO Gibby as well as JPM (other lawsuits) in a turmoil...
ROFLMAO!
rgds,
GYS
Yeah Jerle, short-covering galore via the hedge funds and OUR esteemed US brokers at current prices with their off-shore accounts...and Berlin/Germany! to boot....MM's accommodating them.
Downright fleecing of the American Public and then some more....they should be all packed into the tent jail down in AZ Sheriiff "joe arpaio"...he got this stuff right and I will support in the future.. Do we need an Barack Obama to distribute wealth? Nah, it's happening right now as we speak! before he even takes office.
LOL
to all FWIW, just had to quit the golf as too windy and as I said before last week buying was short covering from Hedge funds and PXD's who counted "MOSH over and out" and now the PPS languishes again and drifts.
I have no worry!
However with the addition of Buggsy, this will end up in court and present the case of "unethical/downright fraud", forget Gibbs, yeah strapping PXD for more monies, so be it they deserve what's coming to them, JPM (who?) and WM/Shell.
Can't wait for the trial and I do not think anything before end of 2008 will be forthcoming (JPM? maybe, but with J. Dimon at the helm, doubt it now to.)
GLTYA!
SMILE, you are finally talking sense.
SHELL has been sideways/snake drilling for a good time..with PXD's blessings?????
'nough said again
ROFLMAO
PS: another lawsuit?
FWIW, and I didn't appreciate the "banter" between some posters...reading BS/links to..." galore!
HEY I-HUB why didn't you delete these?????. but mine at times....what gives?
As to this recent spike, IMO was short-covering from some of the PXD's who figured that MOSH will hit the sand and I do not pay any heed to this, even though noted ,,, it seems nice.........deadline lawsuit is about 3 months away.
However I grant you all that "someone" of the 3 stooges is making some move....as I said before JPM probably.
Someone questioned me re: the sideways drilling?
No, findings (and at our lawyers) don't need to be filed but for the "slam dunk" in court as evidence, furthermore please research "snake drilling" before you utter another word as to my credibility!
'nough said.
GYS
like I said before, the shorts, friends of you know WHO,,,,needs to be covered first., LOL hedgefunds and some of our "low-cost O/L brokers...I can name quite a few and have the knowledge as to their off-shore shorting....alas MM's (in bed with them = off-shore, too)
Not until this happens will the PPS move north!
And Yes, there is value (a great deal) in WAMUQ and that's why I'm holding this!
GLTY!
SORRY, but endless with every O/L broker having off-shore accounts with non registered Short sales + Germany.
When will it stop...DUNNO!
Leb, not only seen but was entered into the Lawsuit via our capable lawyers...watch for the trial...it will all come out then of what PXD did with the help of Woodside = equally guilty as well as JPM.. to deplete, paralyze the trust.
HUH, your want a link??
Then talk to "OUR lawyers...you have their phone# and e-mail.
NOPE, I didn't think so....
Leb, get .lost as you just wanted to make a quick buck!
AND..
You are barking up the wrong tree....come again?
IMO you are nothing but a quick trade/in-out and be gone!
AMEN!
instructmba, just came off the golf course and reading this board, appreciated!
I've been a LT holder for over 20 years and didn't really appreciate these new "investors" question me/ downright attack!..wanting to make monies in a jiffy..Heck so it goes!
Granted the Units were given to my grand kids already...but I still watch over this....and No, I didn't turn 180 degrees
As to the side-ways drilling for the property PXD is graciously giving back to the trust....I stand by my posts previously.... we'll just see at the trial., and the the proof!
'nough said at this point!
rgds,
GYS
PS: I thiink my English is well enough to be understood.....unless someone doesn't intend to!
MW, obviously not are "not that close" to issues at hand and just have a grasp to "documents filed".
TB, despite his age is eying PXD and their PPS....in Texas we don't forget or forgive "wrongdoings" easily.....
Payday coming up.
Sorry Leb, it was supposed to be WE and just hit the same key twice.
You forgive me?
gtiger, just reading my mailbox and your asking.
YES and yes again they did!
Proof has already been established.
GLTY!
Hi Moshers, all I can say is that PXD has breached every thinkable fiduciary duty bleeding the trust DRY and I mean dry as in wells.
As to JPM, another grievance with MU pushed upon us....but then they have their own worries right now with other major stuff.
IMO, JPM will be the first one to cave.
GLTY!
IMO, PPS won't go up until "their short conies" (Brandes and GC) have covered, forget the charts!
RE: buy-out....hmmh WF still comes to mind but I would say that WAMUQ will come out of CH11 fairly soon given the lawyer power behind them..