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Tuesday, August 04, 2020 1:47:10 PM
No guarantees here.
Imho the p and k shares were non accumulative , interest paid out anually .
Wamu p series were 3 million 1000$ shares issued, 7.75%pa interest x 12 years : 1930$ per p share .
Worth a combined 5 billion 790 million $ after 12 years.
Wamu K series were 20 million 25$ shares issued , around ~3 to~4%pa x 12 anual: around 33 36 $ per k share .
combined around 700 million after 12 years.
if WMI HOLDING ,remember seized wmb was an empty very poor subsidary, 2007 positive assets of 45 billion book value at 3%pa interest for 12 years we are looking at 64 billion $ coming back to our common q shares.
64 billion : + 3%pa x 12years accumulative interest : ~1.2 billion shares =
~53 $ per common q share !
Thats my personal $$$ estimate.
If that professional doctor for accounting Sankarshan Arachaya is still right then WMI was worth 145.5 billion according to jpms own numbers,
http://www.kccllc.net/documents/0812229/0812229100603000000000011.pdf
plus interest, at 3%pa thats ~172$ per common share or without ~121$.
Thats also were our shareprice would be if wamu was still in business ... 100$+
Then jamie really effed it up.
That would explain his recent heart attack.
But it really does not matter to me if its 53 , 121 or 172 $ ...
for now its 0. We will find out which number is right eventually.
And to all the people who think that those are ridiculously high numbers ... no they are not . Eat my shorts. ;).
Jpms book value is 225 billion and trading at 288 billion... they can pay up our 64billion ... they had 12 years to save for this.
And wamu was not a small bank (wmi holding) and at no point in time was it bancrupt.
It was attempted robbery by bankruptcy organised by jpm project west and the corrupt sec and fdic and they were too incompetent to know their own laws and regulations. Fdic can not seize a holding like WMI was and still is...
Effin imbeciles... jamie dimon too.
Maybe thats why the notsohonorary judge walrath was worried, that one day mr. nelson was talking $$$ in court (and silenced him), that jpm might need to bancrupt itself to pay us the full 145.5 billion. lol.
Some will remember this ; "he (susman) could have gotten more".
Also always remember this :
the fdic, jpm and jamie"lying""throatcancer+heartattack"dimon are not released until they pay us book value plus interest for every wamu issued loan, owned building, mining rights, our art collection they gifted away in jpms name, and every rusty nail in the wall of our branches ... these criminals attempted to steal from the shareholders of washington mutual.
And if they don't i have a good 50 years left to bring those criminal bankingcartell members down.
And i will.
By letting us wait here for 12 damn years they created themselfes real enemy.
Think of all the homes these criminals seized from working people in 2008 and kept + sold ... only to be saved by the working mans and womans tax money afterwards ???
The whole banking system is only made and set up for robbing normal working people!
Good luck we wamu shareholders dont need anymore.
This was settled years ago.
Everyone go and ask the fdic questions everday about wamu!
Have a nice day.
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