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Vulcanized Crawler

03/06/10 3:54 PM

#161128 RE: fsshon #161085

indeed fish. jpm bot a solvent bank....
let them finish making the final payment and let my people go.

or


we will over throw the bod by shareholder vote. revolt by the masses that some dont even know they have right and still have real shares. we the advocates for revolution and take down the bod as we were thrown to the wolves. and have jpm in our sites and fdic in the cross hairs.....

and, we do not allow another extension no way. the good judge mary gave them a whole month and they did zap till the last few days due to pressure from the ec. they do not understand anything but force and pressure. if they dont want to play ball.....haul their butts into court and bring on the crimnal investigations and hang'em high.

on the other hand, if they want to cooperate, give us shareholders what we deserve and beg forgiveness......we shall retreat to the barracks.

until then, ready the canon, we nolonger shall be canon fodder for anyone that wants to deny us our due.


HAIL VICTORY!!! PARA LA VICTORIA!!! SIG HEIL!!! VAE VICTIS!!!

dmceng

03/06/10 4:29 PM

#161136 RE: fsshon #161085

fsshon

Good rebuttal, as usual!!lol

Take Care
david

L2PlayPennies

03/06/10 5:11 PM

#161149 RE: fsshon #161085

Nice post...If I ever choose to battle it most certainly will not be with you.

Love the last part. "Nuf said"

bman

03/06/10 6:55 PM

#161186 RE: fsshon #161085

I love that post!

Qwertyman

03/06/10 7:03 PM

#161188 RE: fsshon #161085

A well deserved member mark for that post. Well done fsshon.

luv2shop

03/06/10 8:07 PM

#161219 RE: fsshon #161085

Great post as always! This is a thing of beauty. In fact I'm gonna print it out and carry it with me to show all of those people who think I'm nut's and still believe WAMU is nothing but a bankrupt bank.

longhaulq

03/06/10 9:29 PM

#161265 RE: fsshon #161085

That's an insanely good reply.

I'm waiting to hear mst's rebuttal. When he doesn't offer one, he'll have to change names and attempt another angle.

uzualsuzpect

03/07/10 10:40 AM

#161422 RE: fsshon #161085

excellent post Fish!!!

jhdf51

03/07/10 11:02 AM

#161431 RE: fsshon #161085

<52 Bil minimum..> well fish at that price we are are taking a heck of alot more than $12-$15 pps for common..of course as you say everything is negotiable.

JHD

catman26

03/07/10 11:21 AM

#161437 RE: fsshon #161085

It just kills me that the media still refers to WAMU seizure as the "BIGGEST BANK FAILURE' in history. When in fact we had $29 Billion in cash and were completely solvent. At what point do the lights come on and mainstream media get it right? And will anyone care(general public)? I think if people go to jail over this is the only way there will ever be any substantive coverage.

Nibs

03/08/10 1:14 PM

#162648 RE: fsshon #161085

Thanks, Fish! That's food for thought. Where do you find their 10-k?

acountmakr

03/08/10 2:00 PM

#162724 RE: fsshon #161085

According to Generally Accepted Accounting Principles, JPM would have to account for any contingent liabilities in the form of settlements of other litigation in the financial statements. This would have to be actually booked if it was reasonably estimatable and if it is probable. If the settlement isn't able to be estimated (since we are throwing around $4-52bil), then there should be a disclosure noted in the notes of the financial statements, WHICH THERE IS. Booya! Go Fish!!!!