Anzeige
Meldung des Tages: Mega‑Fund bestätigt: Titan‑Rallye beginnt!
Neuester, zuletzt geles. Beitrag
Antworten | Börsen-Forum
Übersicht ZurückZurück WeiterWeiter
... 6536  6537  6539  6540  ...

Wamu WKN 893906 News !


Beiträge: 198.959
Zugriffe: 29.383.034 / Heute: 423
Mr. Cooper Group. kein aktueller Kurs verfügbar
 
lander:

And this is for Fish and his constant

9
20.09.11 18:49
investorshub.advfn.com/boards/read_msg.aspx?message_id=67256850

ZItat fsshon:
And this is for Fish and his constant berating of the present administration.

Quote:
Fish, the so-called Stimulus Package gave WMI an extra tax refund of $2.6B but the debtors gave the cash refund to the adversary. That's a FACT. The same derided and *FAILED* stimulus package was the exigent reason the US Trustee created the Equity Committee because we now had more money coming to the estate. You come here telling the board that this administration is holding this BK hostage whereas the FACT is that we got COLD HARD CASH and the fools gave it away.

I don't want to get all up in your face but you need to quit with all the blaming and name calling of the administration and blame the real culprits of this debacle and that the WMI board that abdicated their responsibilities to their shareholders to an irresponsible group of professionals at Weil and A&M


Yep the Tax Refunds came back to the estate because the Treasury Dept (under the current admin) got Congress to pass a bill. Should I give Obama credit.. YEP and I DO!.. However, this is the most hostile (to business) administration since the Carter admin, which means his regulating agencies and "Non-Elected CZARS" are doing too damn much regulating and not letting us Americans do it without government interference. Carter did the same thing (i.e CRA Community Reinvestment Act) the act that not only put thousands of banks in peril because of the thrift charter required the investment of 64% of all mortgage assets must be in the low-med income with FHA backing them up. Now of course greed will always screw everything up, but the President of the United States of America used the Real Estate industry as an artificial economy after 9/11 to jump start an economy that was teetering on the brink of complete collapse. Yes the terrorists not only destroyed buildings, but they made a Supposed RINO (Republican in Name Only)POTUS break many conservative rules to make sure the economy and the American people survived. We have to say Good Job, He did keep us safe for the rest of his official term and the economy prospered on said artifical WAR economy, whcih we have to say he failed on.

Now as for Obummer.. He is a Socialist and he tried to use a "CRISIS" to implement his own official executive orders and policies to change the government in his socialistic and of course ideological beliefs. What he is doing to Israel is appalling and it proves his [Shadow] Muslim beliefs and his supposed Christian assault. unless of course he needs God, then he starts saying "And God Bless the USA." This man is realizing this nation needs God and for him to get re-elected, his advisors have told him he needs to go Christian and try to get that demographic on his side..Yep a Politician to the core, but what happens if by some screwed up manipulated electronic voting results he is re-elected. (not gonna happen and I would bet all my WAMU holdings on it) If he is re-elected there will be a nationwide hand ballot check because he just does not have the independents anymore.

This guy is a disaster and he has not done anything, except shot Bin Laden which he did not do, he only gave the order, but like Jimmy Carter with Iran he either gets the credit or discredit for the mission. He is not a Leader, he is lazy and wants everyone else to do things that he should be doing as the leader of the free-world. He has completely disgraced the American People with his apologetic tour and he is a terrible representative of the USA. Hilary Clinton at the State Dept has been covertly consulting with other leaders of the world without his knowledge, because she knows he is a disaster and I do expect her to go ahead and challenge him for the Nomination.

She will beat him into the ground, he is a disgrace...

Now how's that? All in my Opinion. As for WAMU and other beneficiaries of the IRS carryback. Obama did not do it for banks, he did for Home Builders, so big firms like D R Horton would not have to declare BK and destroy the residential building markets. The law allowed them to carryback their losses so they could get checks (Stimulus) from the IRS for up to 5 years of taxes already paid. Notice Appaloosa invested Hundreds of Millions in these firms right after this IRS carryback law was passed?

It just so happened that WAMU fell into that category of firms who could use this carryback for capital raise.
To say Obama did this, is to say Brian Rosen is on our side because he represents the debtors, he is isn't and Obama is not on any Non-Union Businesses Side and if you believe he is..I have a Ski Resort I want to sell you in Costa Rica!  

Caution you are about to enter the "No Spin" Zone.. I am not in the mood to play politics with you today Desp, you know my views and you know how I will come back at ya, so if you are in the mood, please don't push me unless of course you want me to get Ihub Jailed.

Now as for Our Union President, just take one look at Boeing who built a multi-billion $$$ factory in South Carolina creating thousand plus good paying JOBS! Since SC, is a right to work (non-union) state; Obummer used the NRLB (National Relations Labor Board) wants to stop Boeing from opening the factory because Boeing is employoing non-union workers. Which means Trumpka and Hoffa do not get to make money off them becuase his Puppet Masters do not get to control and make money off Boeing in SC, he gets his NRLB to try and stop Boeing from opening the factory unless Boeing uses Union Employees.

WHAT ??? I thought this POTUS was about creating Jobs, not stopping large companies from opening factories... And we wonder why they are sending so many jobs overseas! The Solyndra gate that is slowly building speed on Capital Hill is a disaster for this POTUS, Congressman Paul and Issa are getting ready to bring the hammer and a congressional investigation right down on top of him and his administration. Keep in mind Congress and other ecomonic advisors told this President Solyndra was a bad investment and he should not give them any money because they were a "going concern." However, the owners of Solyndra were "campaign bundlers" for Obama and Democrats and he needed to repay the favor with taxpayers dollars.. All Political and Solyndra and the other buried disasters of this admin will be unearthed and he will be exposed for all Americans to see. This is why he will have a Democratic challenger and I think it will be Hillary.

WHATEVER! I can not wait until Jan 20, 2013... I will go to the White House and help the Obamas move the H#ll out of the Peoples House and hopefully the American People will put a real leader in there, not this socialist JA we have now!

Good Riddens, the DAY can not come fast enough!

ZItatende

MfG.L:)
Alles nur meine pers. Meinung, kein Kauf- oder Verkaufs-Empfehlung!
Antworten

Werbung

Entdecke die beliebtesten ETFs von Amundi

Lyxor Net Zero 2050 S&P World Climate PAB (DR) UCITS ETF Acc
Perf. 12M: +206,18%
Amundi IBEX 35 Doble Apalancado Diario (2x) UCITS ETF Acc
Perf. 12M: +123,21%
Amundi IBEX 35 UCITS ETF Acc
Perf. 12M: +54,71%
Amundi IBEX 35 UCITS ETF Dist
Perf. 12M: +54,11%
Amundi MSCI Greece UCITS ETF Dist
Perf. 12M: +53,86%

lander:

new`s

16
20.09.11 18:52
ZItat:

News: Washington Mutual Inc. (WAMUQ) will meet next Tuesday with the judge that has
twice rejected its Chapter 11 plan to discuss the scope of a mediation that
could break the impasse that has held up payment in the $7 billion case.

Judge Mary Walrath dumped Washington Mutual's Chapter 11 plan Sept. 13, a
second stunning upset for the remnants of the bank-holding company that was
involved in the largest bank failure in U.S. history, that of Washington Mutual
Bank, or WaMu.

Earlier this year, Walrath tossed the plan on a number of grounds and pointed
to suspicions some of the most powerful hedge funds in the country had profited
improperly from inside information gained at the Chapter 11 plan bargaining
table.

This time, Walrath faulted Washington Mutual for giving interest at too high
a rate to senior creditors. She also found shareholders had made out the bare
bones of a case of insider trading aimed at Appaloosa Management LP,
Centerbridge Partners LP, Owl Creek Asset Management LP and Aurelius Capital
Management LP. All deny wrongdoing in Washington Mutual's case, where they have
acquired a collective $2.5 billion worth of debt holdings, according to court
records.

After the January denial of confirmation, the judge gave shareholders the
green light to probe the hedge funds. They battled the findings at a prolonged
second confirmation contest but lost, suffering a decision that threatens a
major upset to business-as-usual for the multibillion-dollar distressed debt
investing funds.

They said they adhered to industry standards to safeguard themselves from

charges of illegal profiteering. The judge said shareholders had laid out the
basics of a case that the hedge funds should have done more to wall off the
knowledge they gained as the bargaining table from their trading desks.

Citing worry that more litigation means delay that will eat up the recovery
going to creditors, Walrath stayed the effect of her decision and pushed the
company and warring creditors and shareholders toward mediation.

Washington Mutual attorney Brian Rosen said the company is still reviewing
the confirmation decision to determine which of the issues raised in the
opinion are subjects for mediation. He's with Weil Gotshal & Manges.

As to who will get the job of trying to sort out the issues standing in the
way of confirmation for Washington Mutual, "All I can say is, people have been
calling," Rosen said at a hearing in the U.S. Bankruptcy Court in Wilmington,
Del.

Walrath said she is inclined to name as mediator a judge from outside of
Delaware but within the federal circuit that encompasses Pennsylvania and New
Jersey. Tuesday--three years and one day after Washington Mutual filed for
bankruptcy--the judge, the company and creditors will discuss the scope of the
mediation.

WaMu was seized and sold in September 2008 at a time when anxiety about the
strength of the U.S. financial system was running high.

The loss of its main operating business plunged Washington Mutual into
Chapter 11 bankruptcy, with about a dozen bewildered employees and no access to
its own books and records. Some $20 billion worth of lawsuits were aimed at
J.P. Morgan and regulators, while the company bargained behind the scenes for
the settlements that formed the heart of its plan.

Regulators sold WaMu to J.P. Morgan Chase & Co. (JPM) for $1.8 billion, a
deal that has turned into a bonanza for Morgan. The bankruptcy court deal
between WaMu's new and old owners gave Morgan a big split of tax refunds, and
other assets, including $4 billion worth of trust preferred securities.

The pact with regulators and J.P. Morgan has withstood challenge at both
confirmation contests. Walrath found it to be a reasonable way out of a
litigation morass.

Many creditors are looking to J.P. Morgan to drive mediation discussions, as
it can't get the benefit of its deal until Washington Mutual's Chapter 11 plan
is in place.

(Dow Jones Daily Bankruptcy Review covers news about distressed companies and
those under bankruptcy protection.)

--By Peg Brickley, Dow Jones Daily Bankruptcy Review; 302-521-2266;
peg.brickley@dowjones.com


(END) Dow Jones Newswires

09-20-11 1217ET

Copyright (c) 2011 Dow Jones & Company, Inc.

12:17 092011

ZItatende

MfG.L:)
Alles nur meine pers. Meinung, kein Kauf- oder Verkaufs-Empfehlung!
Antworten
union:

Die News zur Zeit sind für uns:

27
20.09.11 19:05
Rosen ging auf den Vorschlag von Mary ein, die Mediator Besprechung am Dienstag, den 27.09.2011 um 11.00Uhr abzuhalten.
Rosen schlug eine Vorverlegung vor (am 7. Oktober sei ein jüdischer Feiertag).

Die dimeq Verhandlung läuft.... sollte aber nicht soo wichtig für uns sein.

mein Schnellfazit: Rosen scheint sehr gelassen zu sein und bastelt bestimmt an einer PoR 6.6 Verschwörung. Dem traue ich keinen falschen Fuffziger mehr über den Weg !!

In diesem Sinne, nächste Woche Dienstag werden wir die ersten mediatorianischen Gespräche vernehmen.

union
Antworten
Sourcewell:

@union

9
20.09.11 19:28
Das stimmt noch nichtmal, denn der Feiertag ist am 8.10 und zwar ist dann "Jom Kippur", der "Versöhnungstag".
Die jüdischen Feiertage fangen allerdings immer bei Sonnenuntergang des vorherigen Tages an.
Rosen mal wieder....

Genau, nächsten Dinstag unterhalten sich S&G unter Mediation mit Rosy und den SNH's.
Dann wird es sehr spannende News geben.
Antworten
union:

Das will ich hoffen, Sourcewell

14
20.09.11 19:36
'bin leider bisher oft enttäuscht worden :-( also halte ich erst mal die Bälle flach.

Faster hat ja einiges über die Verbindlichkeiten in einer Mediation geschrieben. Aber Mary hat schon über einige Hammer-Fehlverhalten hinweg gesehen. Aber Sie ist dafür mit Ihrem Latein fast am Ende...und deswegen MUSS für Sie langsam eine Entscheidung her.

Mary ist auf jeden Fall in Entscheidungsnot.
Das EC hat bessere Karten als je !!
Nur Rosen grinst mir immer noch zu viel...das lässt nichts Gutes erahnen.

Aber wir werden sehen, ob es jetzt schon spannend wird,
union
Antworten
odin10de:

neues Doc 8636

2
20.09.11 19:51
Link:
www.kccllc.net/documents/0812229/0812229110920000000000099.pdf

Seventh Supplemental Declaration of Fred S. Hodara in Connection with the Application of the Official Committee of Unsecured Creditors of Washington Mutual, Inc., et al. to Retain and Employ Akin Gump Strauss Hauer & Feld LLP as Co-Counsel, Effective Nunc Pro Tunc to October 15, 2008
Antworten
Trader 84:

mein Gott....

2
20.09.11 19:57

meine Nerven....

bin soeben bei yrcw eingestiegen....wenn das mal kein Fehler war....

Pfandbrief lungert da auch herum....deshalb dachte ich "so schlimm kanns dann nicht werden!"

 

Antworten
Sourcewell:

@union

11
20.09.11 20:01
Das Rosen in seinem Büro grinst, glaube ich eher nicht.
Nach außen kann er ruhig grinsen.
Grinsen hat vor Gericht und auf hoher See noch niemandem geholfen.

Warten wir einfach mal ab, was die EC Anwälte jetzt noch alles machen. Vorbereitet sein dürfte man im Susman Lager.

Denk mal so, daß wohl kaum die IT-Strategie so detailiert ausgearbeitet worden wäre, bloß um einen POR zu kippen ;-)

Nene, da steckt eine Ladung Dynamit drin, mit der man demnächst entweder rumfuchtelt oder die eben auch gezündet werden könnte.

Glaub mir, daß Rosen an dem Tag nicht mehr grinst, wenn Susman, Folse und Sargent die Schnauze voll haben und mit der ganzen geballten Ladung ein Appeal ans District Court stellen und die Staatsanwaltschaft Delaware eingeschaltet wird.

Noch ist alles friedlich, und mit Betreuung durch einen Mediator.
Susman ist Texaner. Dem sind von Haus aus Eindringlinge suspekt.

Und Eindringlinge sind die Hedgies allemal ;-)

Nicht ganz ernst nehmen, bitte.

Jedenfalls kann ich an der Mediation nichts negatives für uns ableiten. Eher das Gegenteil, weil wir die besseren Karten haben.

Wäre dem nicht so, gäbe es nun einen POR 6.5 und wir wären alle weg vom Fenster.

Ist aber nicht so. Mary hat ohne irgendeins der heissen Eisen anfassen zu müssen, den POR wegen der Tax Rates ausgehebelt und schiebt jetzt einen Mediator rein, so wie es Vorschrift ist.

Wenn der aus dem Spiel ist, weil die Mediation scheitert, dann können wir mit den ganzen fetten Vorwürfen an ein höheres Gericht wechseln, welches auch die Power hat, Handschellen zu verteilen.

Wer das anders einschätzt, muß depressiv sein.
Antworten
rasmus:

Termin...

8
20.09.11 20:02
...ist auf Wunsch der EC Anwälte angeblich der 06.10.
Antworten
paketix:

rosens grinsen

3
20.09.11 20:02
erst grinst du
dann vergeht dir das grinsen
danach grinst du wieder aus purer verzweiflung
...hoffen wir's mal... ;)
Antworten
union:

Hier rauschen die News nur so durch:

5
20.09.11 20:02
Jetzt der 6.10.2011 um 9.00Uhr ... mal sehen, ob es dabei bleibt?
Antworten
paketix:

@rasmun - eben ... EC denkt mit ;)

2
20.09.11 20:02
Antworten
faster:

@neuer termin

14
20.09.11 20:03
aufgrund von terminproblemen der ec anwälte gibt es einen neuen termin, 6. oktober , 9.00.

und ich kratz mir meine kopfhaut, ob das einfach nur zufall ist, oder ob die auf diese art einen bestimmten schlichter vermeiden wollen (jemanden, der von 27.9. bis zum 27.10 gekonnt hätte, aber von 6.10. bis zum 6.11. nicht).

wahrscheinlich nur zufall. und wieder einmal gibts rüffel für die kommunikation des ec, wenigstens den namen des schlichters hätten die schon nennen können.
"ein silber panda oder ein silber kookaburra kann die welt verbessern, grins" crasht jpm
Antworten
union:

Ja paketix,

 
20.09.11 20:03
und das am besten live miterleben !!
Antworten
paketix:

rosens grinsen (2)

2
20.09.11 20:04
aber denkt immer auch daran dass wir noch das EC haben
die machen sich auch gedanken und sind keine anfänger
würde mich *sehr* erstaunen wenn sich das EC einfach so über den tisch ziehen lassen würde
so looong und auf spannende tage *klonk*
der fall scheint ja etwas an momentun zu gewinnen aktuell
/paketix
Antworten
paketix:

@union - heute leider nicht live

3
20.09.11 20:05
wir haben besucht und meine frau bringt mich um ... ihr wisst schon ;)
und auf übungen verzichte ich heute ganz
*meine nerven*
Antworten
Rabbit59:

Trader - Pfandi Aktien

7
20.09.11 20:12
man wie konntest du in eine Pfandbrief-Aktie investieren? Die werden doch alle ausgebucht...und er hat es immer schon gewusst...und weisst du warum? Pfandi arbeitet als Trucker und fährt die alten Aktien zum Zentral-Schredder - er braucht natürlich die Ladelisten als guter Trucker und Entsorgungsservice im voraus und so kommt er an die Ausbuchungsdaten. Montagmorgen in New York - das Telefon klingelt: Hey Pfandi - Jamie here - I got a new job for you..get the truck and go do Seatle, the 1,7 billion shares of Wamu will get scrapped - ask Brian Rosen for the adress - I think when it is schreddered - nobody will claim anymore about the damned shit... Pfandi: OK Jamie I will do, but let me write the last Ariva-posting - Jamie: Do what you want, but get the shit schreddered...  
Mein Motto - making something out of nothing
Antworten
Schnurrstrac.:

@Sourcewell:

 
20.09.11 20:13
Mir wäre es lieber, Rosen hätte nicht Jon Kippur ,.....sondern
SEINE "Bar Mizwa " .
Antworten
oldwatcher:

neuer Termin

 
20.09.11 20:16
war nicht ursprünglich der 7.10. für die Auswahl des Mediators geplant?
Wenn dies so war, dann ist der neue Termin mMn nach günstiger.
Nicht wieder ein Freitag kurz nach Schließung der europ. Märkte!
Und dann das   g a a n z e   WE zitterndes Warten auf den Montag...
Also, wieder was positives?!
OW
Antworten
Gerusia:

Kursaussetzung während der Schlichtung?

2
20.09.11 20:16

Hi,

es besteht doch die Möglichkeit der Kursaussetzung für die Dauer der Schlichtungsverhandlungen, auch zum Schutz von Kleinaktionären vor den zu erwartendenKursturbulenzen. Sehe ich das falsch?

MfG

Antworten
paketix:

YRC Worldwide (OT)

2
20.09.11 20:18
*sorry musste sein*
verfolge den wert auch schon einige zeit und bin recht erstaunt ob dem massiven taucher
hätte das so krass nicht erwartet...
aber ich warte mal zu - schätze das teil geht jetzt einige zeit seitwärts ... krass runter und danach krass rauf darauf hoffen nur die anfänger
na gut...
kann mal vorkommen aber ist *äusserst* selten - vor allen gabs ja wenn ich richtig informiert bin eine massive verwässerung bei YRCW vor ein paar tagen
also ich warte mal ab
@wes_ ... was meint der chartprofi dazu? (fertig OT)
Antworten
lander:

Hearing vom 20.09.2011

12
20.09.11 20:52
twitter.com/#!/DelShareholder

Zitat ilenes:
Good morning. A slightly more full courtroom this morning, but only slightly. Should be starting 5 min or so

Not sure exactly what the delay is. All attorneys here in courtroom...no one in chambers w JMW

Greg Taylor up re EC motion to hire securities litigation atty

UCC agrees w terms...

BR discussing FJR and 10/7 status conference

Status conference/Omnibus moved to 9/27 11AM

Court will probably end up picking the mediator

Goulding is being sworn in as last witness in adversary hearing

He's the Treasurer and just said he was generally familiar w the acctg practices? I want that job :)

Looking @ the non disputed assets of Debtor...net value of GSA is 6.5B approx...

WMI gave away Anchor litigation value to JPM under the GSA

Short direct. Now Art up for X. The argument Goulding made isjust one huge assumption, it seems like

I love how the rules change @ the convenience of the Debtor

So JPM gets the benefit of Anchor litigation award w/out the accompanying liabilty? Sweet! LOL

Ooh, Art is getting argumentative this morning...go Art!

This section 363 that was being used carries some good tax bennies for JPM...surprise that they requested that be used ti transfer assets

Might be some pithy statements out this afternoon...look to Bloomberg, Steven Church

So the value transferred to JPM under the GSA is equal to 6.5 to 7Billion

Which is the same amount that WMI will have to distribute to creditors

I just heard goulding say that there are 54B inclaims against FDIC which they will be indemnified from via releases

Talking about stock abandonment and the tax ramifications

We will break in five min or so so JMW can hold a very short previously scheduled hearing

Short break. I'll alert as we coming back

The short hearing was indeed short! We should be starting up again soon

JMW will be in shortly

Art back up w Goulding

A lot of conversation re why WMI would own litigation vs WMB owning...goulding very non-commital

Art is succeeding in confusing Goulding, and though he's been shut down a couple of times by JMW, is doing a fine job getting his answers

Once again, it sounds like the BOD did not do its duty...some of these key components of the sale/settlent of assets to JPM not discussed

Why was American Savings litigation retained by Debtor vs Anchor litigation being given away??

Art hasa Goulding contradicting Debtors own witness, Chamberlin, on material events and Anchor litigation

Art's "throw away" lines are eliciting smiles from both sides...

Interesting exchange re PIERS...JMW has to admonish Goulding not to be argumentative

Art finished. Strochak up for re direct

Art is tying SNH and LTW issues together

Strochak summarizing

Jon Hochman up for the LTW's

Strochak argued that the original warrant agreement should be put into evidence, despite the original agreement not being offered

Hochman making an interesting argument re agreement being offered not being the actual agreement

Trying to follow all this for later blogging

Status conference being changed again to 10/6 9AM

We are adjourned (vor 1 Stunde)

Zitatende

MfG.L:)

Alles nur meine pers. Meinung, kein Kauf- oder Verkaufs-Empfehlung!
Antworten
dr.soldberg:

@paketix ......kz null

 
20.09.11 20:53
so wie die ihre aktionäre verarscht haben......die steigt nicht mehr so schnell
viel glück und viel segen auf all meinen wegen;)
Antworten
lander:

...aus dem Dimeq - Yahoo Forum

9
20.09.11 20:58
investorshub.advfn.com/boards/read_msg.aspx?message_id=67258519

Zitat marty009:
Are the not going after the BOD presently? BOD insurance company has some time limit...don't they.
----------
Zitat MrchntDeth:
"Are the not going after the BOD presently? BOD insurance company has some time limit...don't they."

I think that they already HAVE gone after the BOD.

Goulding was/is on the BOD, and he has ZERO knowledge about ANYTHING that the BOD did to protect the rights/interests when the Insider Trading SETTLEMENT Note Holders gifted away OUR interests in the Ltw's.

Strochak/WGM "could have" put on Special K, or anybody else, to discuss what the BOD did to protect the intersts of the Ltw's; they chose NOT to. This is not on STEINBERG, but on WMI to put on their case as to why the BOD is NOT liable.

Instead, they chose to put on a Chemical Engineer, who is the Treasurer of WMI, and who cannot remember anything regarding BOD meeting(s) that would indicate the the BOD acted as the fiduciaries that were to the Ltw holders.

Major FAIL on the part of Strochak/WGM.

But, they did this because they knew that Special K would have caused so much more damage (although, after listening to Goulding, I don't know how this could be possible).
-------
Zitat marty009:
Thanks merchntDeth,
Seems the easiest of all litigation going. How could the BOD not exercise their fiduciary responsibility along with other responsible parties....regardless of us being creditors or equity! Just so strange to be dropped off like an uncared for baby...with no one being responsible.
------------
Zitat MrchntDeth:
"Thanks merchntDeth,

Seems the easiest of all litigation going. How could the BOD not exercise their fiduciary responsibility along with other responsible parties....regardless of us being creditors or equity! Just so strange to be dropped off like an uncared for baby...with no one being responsible."

Not only did they not exercise ANY fiduciary duty toward the Ltw Holders (regardless, as you so properly pointed out, whether they were equity or debt) . . . but there was a callous disregard as to ANY duty owed to the LTW's.

The ALLOWED the "Insider Trading SETTLEMENT Note Holders" ("IT-SNH's"), to completely abandon any/all interests in the Anchor Savings Goodwill Litigation (even though WMI had been negotiating to keep at least 50%, and initially 100%, of this litigation); instead, they allowed these Insider Trading Criminals to GIVE/GIFT AWAY 100% of the Anchor Goowill Litigation (including the 85% of the Anchor Litigation that WMI NEVER, EVER owned), and the WMI "BOD" (and I use the term loosely, as there seems to be some question as to who is on the board, how often they met, what they discussed, etc., as noted from Goulding's wonderful testimony today), just stood by and watched our assets disappear. Sorta like a magic trick. Presto! Your money is GONE!

Instead of even mentioning to the IT-SNH's:

"hey, guys, easy now, you're getting carried away, you can't go giving away things that you/we (IT-SNH/WMI), do not own; we have LTW's out there that have to be accounted for."

They decided to be willing stooges, willing accomplices in the SCHEMES that the SNH Crooks concocted, in order to do what was best FOR THE IT-SNH's." And the Ltw holders be damned.

And there was NOTHING put on today (or ever, for that matter), by Strochak/WGM, to show that this so-called BOD ever did ANYTHING to protect the Dime Ltw Holders' Interest, or to refute this notion that the BOD failed in its fiduciary obligations to the Ltw's. Instead, the IT-SNH's gave away our property rights to JPMC, and the BOD simply rubber-stamped the deal, deciding that they could justify this THEFT of our property rights as simply part of a "Holistic Approach."

Never mind the fact that the Equity Committe was never consulted, never mind the fact that Steinberg and the other Ltw Holders' were ever contacted to see how THEY felt about this "Holistic Approach." Quite the contrary, we were NOT allowed in the negotiating process, holistic or otherwise. It's pretty clear that everybody knew how the EC and Steinberg would have felt. Hence, they were never contacted, never brought into the loop to at least give them the courtesy of letting them know how the IT-SNH's and WMI BOD were going to "Royally F the Ltw Holders in the A."

I'd say that Steinberg got everything that he needed from Goulding. And then some.

JMHO, and would welcome any critique of my analysis/comments.

David

[EDIT]: Forgot to mention, but implicit in the above.

The IT-SNH's ONLY concern was the waterfall, and "making sure that just enough of it fell in the right spots."

And that it was the IT-SNH's that created this little agreement (Term Sheet), to move the negotiations along, to get enough over to JPMC, so as to make the waterfall trickle into just the right places, so they would own ALL of the Residual Company (remember, under POR 4, where only holders of 1 million or more PIERS could get into the Rights Offering? Gee, I wonder why that was?).

And in doing so, who cares that they completely wiped out the Dime Ltw's (or so they thought)? The Ltw's were NOT a class of securities owned by any of these CROOKED IT-SNH's, so it mattered not, that the Ltw's would be wiped out under this "Holistically Appoached 'Global Settlement.'" Again, I'm using the term "Global" very loosely, given that the EC was not part of the "Global," and we certainly know that the Ltw's were never asked how they felt about giving up ALL of their interests in over half a billion dollars in Goodwill Litigation, so as to further help the IT-SNH's get the "magic number" return that they needed, to make sure that THEIR investors (in THEIR Hedge Funds), were well taken care of.
--------------------------------------------------
Zitatende

MfG.L:)
Alles nur meine pers. Meinung, kein Kauf- oder Verkaufs-Empfehlung!
Antworten
Sourcewell:

@paketix

6
20.09.11 21:06
laß mal die Finger von der YRCW ...
Wenn sie Dich interessiert, dann in einem anderen Thread schreiben.
Es gibt etliche viel interessantere Papiere.
Wie GOCOM ab 1.1. 2012 Neuemmission.
Und Stronghold ist auch eine schlafende Bombe.

Aber wenn jezzt alle hier auflisten würden, was sie an heissen Hotstocks gefunden haben, würde das zu einem Allgemeinthread.

Nix für ungut
Antworten
Auf neue Beiträge prüfen
Es gibt keine neuen Beiträge.

Seite: Übersicht ... 6536  6537  6539  6540  ... ZurückZurück WeiterWeiter

Börsen-Forum - Gesamtforum - Antwort einfügen - zum ersten Beitrag springen

Neueste Beiträge aus dem Mr. Cooper Group Inc Forum

Wertung Antworten Thema Verfasser letzter Verfasser letzter Beitrag
56 14.201 █ Der ESCROW - Thread █ union union 04.01.26 13:35
162 87.090 COOP News (ehemals: Wamu /WMIH) Pjöngjang lander 02.01.26 23:32
10 1.580 WMIH + Cooper Info Orakel99 Orakel99 02.01.26 21:29
349 198.956 Wamu WKN 893906 News ! plusquamperfekt union 31.12.25 14:59
60 68.927 Coop SK Tippspiel (ehem. WMIH) ranger100 rübi 25.10.25 20:47

--button_text--