Wamu WKN 893906 News !

können sich unsere Englisch-Profis dieses Doc mal ansehen, scheint interessant zu sein....

9289;  Certification of No Objection Regarding Thirty-Seventh Monthly Application of Akin Gump Strauss Hauer & Feld LLP, Co-Counsel for the Official Committee of Unsecured Creditors, for Interim Allowance of Compensation and for the Reimbursement of Expenses for Services Rendered During the Period from October 1, 2011 Through October 31, 2011

www.kccllc.net/documents/0812229/0812229111229000000000016.pdf

da hätte ich gerne noch ne erklärung von meinen vertretern warum ich sowas tun sollte .
ich mag einfach nicht so gern wehrlos ins haifischbecken springen ,nur weil mir mein aufpasser das sagt , schon gar nicht wenns dazu noch kaltes wasser ist . ;P
mit ner harpune wärs mit schon lieber.
wenn er mir klar machen kann , dass es sich um einen pool mit quitschenentchen handelt , bin ich dann sofort dabei . ;P

wenn ihr versteht .

Melde mich doch noch einmal, obwohl jetzt 6 kleine Rothaus Tannenzäpfle meinen Geist etwas verwirren und ich mich um ca. 2% im negativen verhauen habe und andererseits ich morgen nicht mehr bei 0,04 nachkaufen kann, sondern evtl. noch mit viel Glück bei 0,044.

Was Ihre Anmerkung hinsichtlich des Ds betrifft, hatte ich folgendes in Posting 174897 geschrieben:

Eine Entlastung wird jedoch nicht gewährt, sofern der Schuldner unredliche Vermögensverschiebungen vorgenommen, keine ordnungsgemäßen Finanzübersichten erstellt, wissentlich betrügerische Konkursstraftaten begangen, Verluste oder Fehlbestände unzureichend dargelegt, die Befolgung von gerichtlichen Anweisungen oder Auskünfte aus unangemessenen Gründen verweigert. 

Evtl. bezieht sich unser EC  bzw. S&G später darauf und haut Wal.... alles um die Ohren und der Ros.. hat der Walr... ja dazu geraten alles für fair anzunehmen und zu überrollen.

Haue mir jetzt noch ein oder zwei rein Tannenzäpfle rein, muss mir Mut antrinken für morgen.

Im nächsten Jahr muss ich trocken bleiben, es sei wir Wamuaner bekommen nicht nur Cents, sondern viele Dollars!

Meine Hoffnung stirbt zu letzt!

Keine Aufforderung zum handeln, alles nur geträumt.

Es grüßt alle der Schladi

.....mit Abstand größten Zeitaufwand nur für Assetanalysen und Recovery .
Was dabei heraus sticht , sind die 215 Stunden allein im November 2011.
Bei der Spesenabrechnung scheinen für Nov. auch 2 mal Essen in NYC mit
Willingham auf. Was da wohl besprochen wurde ?
  Da bin ich ja mal gespannt.
www.kccllc.net/documents/0812229/0812229111229000000000013.pdf

www.kccllc.net/documents/0812229/0812229111229000000000013.pdf

die haben massiv zeit mit assets analysis & recovery verbracht .
über 215 std im november .
114 std im oktober .
normalerweise immer 10 - 50 std im monat .
ausser einmal im juni da warens dann 220 std .
da weiss ich jetzt nicht genau was damals der anlass war . wars die lustige 32B$ rechnung?

...noch immer im kopf
die releases gelten nicht in jedem fall - speziell dann nicht wenn im nachhinein krumme geschäfte bzw. krumme deals ans tageslicht kommen welche zur zeit der erteilung der releases nicht bekannt waren
sie auch:
http://www.ariva.de/forum/...93906-News-364286?page=6899#jump12382277

juni 2010 .

Dann noch schnell einen dazu, bevor nichts mehr geht.
Posting 175583, da liegt die Lösung für alles.
Möchte nicht zu viel hier schreiben, Feind liest bestimmt mit!
Alles was ich über S&G hier gelesen habe, macht mir Mut und gibt mir viel.
Wenn Anwälte so kurz vor der Verkündung so viele Stunden über etwas grübeln, denken die doch nur ans Money.
Anders als bei Ros.. kommen die erst so richtig ins Money, wenn wir auch etwas erhalten!
Und 32 Milliarden$ sind nicht zu verachten für S&G, das bedeutet auch für die ein richtiges Sümmchen, hätte ich deren Anteil, würde ich einige innovative und inklusive Lernzentren in RLP bauen, wäre sogar von der Steuer absetzbar und mit dem Rest würde ich und meine Familie gut leben können.
Ros.. verbringt weniger Zeit, wenn er uns in s Geld verbringt und seine Rechnung ist immer gesalzen, er ist ja auch Gehaltsempfänger von J.. und S&G arbeiten für sich und uns!
Habe alles nur geträumt,besonders nach den vielen kloeinen leckeren Tannenzäpfle.
Wo ist Neo der Golf 2 Fahrer abgeblieben, so viele Schönheiten kann es doch gar nicht geben.

Es grüßt und Schluss bis ins nächste Jahr

der reanimierte Schladi

Dann noch schnell einen dazu, bevor nichts mehr geht.
Posting 175583, da liegt die Lösung für alles.
Möchte nicht zu viel hier schreiben, Feind liest bestimmt mit!
Alles was ich über S&G hier gelesen habe, macht mir Mut und gibt mir viel.
Wenn Anwälte so kurz vor der Verkündung so viele Stunden über etwas grübeln, denken die doch nur ans Money.
Anders als bei Ros.. kommen die erst so richtig ins Money, wenn wir auch etwas erhalten!
Und 32 Milliarden$ sind nicht zu verachten für S&G, das bedeutet auch für die ein richtiges Sümmchen, hätte ich deren Anteil, würde ich einige innovative und inklusive Lernzentren in RLP bauen, wäre sogar von der Steuer absetzbar und mit dem Rest würde ich und meine Familie gut leben können.
Ros.. verbringt weniger Zeit, wenn er uns ins Geld verbringt und seine Rechnung ist immer gesalzen, er ist ja auch Gehaltsempfänger von J.. und S&G arbeiten für sich und uns!
Habe alles nur geträumt,besonders nach den vielen kleinen leckeren Tannenzäpfle.
Wo ist Neo der Golf 2 Fahrer abgeblieben, so viele Schönheiten kann es doch gar nicht geben.

Es grüßt und Schluss bis ins nächste Jahr

der reanimierte Schladi

Das ist so nicht ganz richtig. Unsere Anwälte und Solomon haben
kein Erfolgshonorar , sondern müssen von WMI bezahlt werden, da
es ein offizielles EC ist.

wenn es los geht.......

Evtl. doch oder?
Man sollte einfach einmal weiter denken, bin schon in 2012 eine gerade Zahl, da kann sich viel ändern.
Anwälte denken immer weiter und wenn die heute von WMI bezahlt werden, kann es gut sein das die Reorg der nächste Chef ist oder sehe ich das schon falsch?
Mußte leider 9 Jahre mit Anwälten leben, mit S&G hätte ich bestimmt mehr herausgeholt.
Aus diesem Grund, denke ich das diese Herren, mehr wissen als wir und sich dafür viel Zeit nehmen, mein Anwalt leider nicht. Hier blieb die meiste Arbeit bei mir hängen und ich könnte locker leicht bei uns den RA spielen.
Schluss damit, sollte nur eine Anwort aus Höflichkeit sein, liegt mir so im Blut.

Viel Glück für uns, mehr kann ich nicht tun, doch eins hat immer hingehauen, meine Voraussagen hinsichtlich Ende der DDR und dem Tod von Rumäniens Cousesco, lag ich richtig, dafür kann ich Zeugen bringen, leider leider darf es hier nicht um mich gehen.
Evtl. sieht es in unserer Sache einmal anders aus, denn hier geht es um mehr als 1,7 Mrd
Aktien und das sind viele Aktionäre, da könnte es auch einmal hinhauen. Hätte ich damit auch einmal einen Vorteil.
Genug damit, hab ich alles nur im Koma erlebt.
Es grüßt Schladi der reanimierte nach zu vielen Tannenzäple

bei welcher Zahl stehen wir wohl.......

fertigstellung zum jahresende
der übliche jahresendwahnsinn,
will mich informieren.
aber nix neues in den letzten zeilen
schladi nix für ungut aber reanimation und koma sind aufgrund des berufes meiner frau bei uns tagesthema
ich wollt hier neues lesen aber bin zu müde zurückzulättern
wird wohl morgen abend viel mehr arbeit
und zu dir nochmal
alles gute und glückwunsch zur wiederkehr ins leben
aber weniger ist manchmal mehr
guten rutach
lg

Seitdem union die Stellungnahme des EC's "Pro POR7" hier übersetzt hat, herrscht hier Panik, warum? Endlich... muss ich sagen... sind einige wieder in der Realität angekommen. Obwohl bisher NOCH keine Unterschriften unter Rosens DS zu sehen sind, ist dieses Dokument mit einigen Änderungen der POR7. Und am 11.01.2012 wird Rosens DS verhandelt bzw. relativ schnell durchgewunken, so wie es derzeit aussieht...

@Abstimmungsprozedur: Erstmal muss der POR7 durch, dann kommen konkrete Formulare, sofern man sich nicht auf eine andere Regelung einigt.

PS: Interessant finde ich den Vorstoss von Nate (auch wenn es nur ein "Gerücht" ist, lander hatte den Link eingestellt):
messages.finance.yahoo.com/Stocks_(A_to_Z)/...;tof=1&frt=2

Und noch was: Scheinbar sind hier einige aufgesprungen, um den schnellen Dollar zu machen. Wenn ihr etwas an WAMU verdienen wollt, solltet ihr euch noch etwas Zeit nehmen. Es ist mMn schwer zu sagen, in wie weit die commons/prefs mit POR7 noch weiter ausgequetscht werden, um anschliessend "glückliche" NEWCO-Inhaber zu sein.

Das war's nun - guten Rutsch und stählerne Klonks allen!

...ich bleibe dabei und bin gespannt, in welch schrecklichen und wundersamen Meeren unsere NEWCO steuern wird!

Bottlteneck

lätter mal, ich hab heut nur pillepalle gelesen beim lättern, und der kurs sagt einiges über die stimmung aus. jubelschreie würd ich aufgrund der faktenlage nicht ausstossen, aber man hält sich bedeckt seitens united. der kurs lügt nicht, guten rutsch in 2012 allen. AG

The two pro se objectors (way to go guys!) questioned not only the amount, but the way additional funds would be applied to the waterfall, should the appeals be thrown out and more money be awarded.  Ultimately, both were dismissed and while we all wish there was more money coming from this, as this case has already been ongoing for 19 years, the cost to the estate and the eventual time value of that money, caused JMW to rule in favor of the motion and ordered the money to be tranferred immediately, which is what the government sought.  Reports at the last hearing that should the money not be transferred until 2012the estate would net an additional $750,000 (which I thought was a great idea) were debunked...apparently, the US Government never approved that particular aspect of the original motion.

Clearly, the UCC was in favor of this, as it brings immediate dollars to begin to distribute, should the POR7 be approved, to the creditors.

From the lack of anyone from the EC, save an associate from the local co's office...this was never going to reach any of the shareholders, and the key players were much more interested in getting on the train for more mediation today...

As always, these are my observations only.  I wish all of you the happiest of new years...see everyone in 2012!!

Ilene

9290; Complaint by Official Committee of Unsecured Creditors of Washington Mutual, Inc., et al., on Behalf of Chapter 11 Estates of Washington Mutual, Inc., et al. Against Todd H. Baker (Adversary Case No. 11-54031)

www.kccllc.net/documents/0812229/0812229111229000000000020.pdf

9291; Certification of Counsel Regarding Stipulation Resolving Debtors' Motion to Estimate the Maximum Amount of Certain Claims for Purposes of Establishing Reserve Under the Debtors' Confirmed Chapter 11 Plan with Respect to Certain Director and Officer Indemnification Claims with Respect to Claim Nos. 3194, 3196, 3197, and 3198

www.kccllc.net/documents/0812229/0812229111229000000000018.pdf

9292; Certification of Counsel Regarding Stipulation Withdrawing Certain of Debtors' Deposition Notices to D&O Claimants with Respect to Estimation Motion in Connection with D&O Indemnification Claims

www.kccllc.net/documents/0812229/0812229111229000000000019.pdf

sosooo... ;)

investorshub.advfn.com/boards/read_msg.aspx?message_id=70376098

ZItat Large Green:
Maybe this Holiday weekend is the finale!

With this Judge finally saying she is going to rule on DIMEQ by Tuesday, something does not seem right. The objections are due on January 4th, 2012 with the Disclosure Statement Hearing on January 14/2012. This is also the hearing for TPS who is rightfully looking for a stay until their appeal is heard.

It would seem to me they would need more than one day to read, decipher, plan and then to officially object to the opinion that this Judge says will not be out until 1/3/2012. I thought we would hear something about the objection date being pushed out but there was none and nobody even brought it up. Am I the only one who finds this strange? Now I think everybody who is a player here knows that DIME/TPS are not giving up and I would say there is no chance for them to stand by and watch this corrupt court equitably moot them without filing a Writ of Mandamus or something similar. The players have to know this is coming and with this court which has not wanted to rule on DIMEQ/TPS makes one wonder.

This makes me wonder if the CRIMINALS have weighed and calculated through risk assessment if it is not better to go ahead end this entire travesty before they lose untold billions above what they have stolen. Looking at PJS’s recent bill, are they as big of CRIMINALS as the rest or is REALLY something here? I wagered large that there is something more here than meets the eye, just as there was in Kmart. I know about that one very well and this is just a duplicate only better. One way or another, the end is within days, weeks or a few months from now.

Zitatende

MfG.L:)

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Zitat WithCatz:

A MW response, Regarding the spots on the TAB... Trust Advisory Board (TAB)

Permission of the original author was given to toss this here for discussion and thought...

--------------------------------

{NOT MY POST -- just the messenger :) }

________________________________

Reading yesterday's filing "Motion of Debtors for an Order Pursuant to Section 105(a) of the Bankruptcy Code and Bankruptcy Rule 9019, Approving Stipulation and Agreement by and Among the Debtors and the G&E Group" (#9279) I was wondering just how many WMB bondholder representatives are proposed for the Liquidating Trust Advisory Board (TAB), so I sent an email to EC Chair Willingham and just received a response. The answer, as you can see below, is that there is proposed to be one WMB Bondholder-related appointee from the EC side, Joel Klein (already known from the DS).

My query:
Quote:
Dear Mr. Willingham,
I would like to try to clarify an issue regarding the proposed Trust Advisory Board (TAB) in the current Plan of Reorganization that is causing some confusion among shareholders such as myself. If you are able to help clarify this issue I will share the information with other shareholders by disseminating it to message boards. The issue is the proposed composition of the TAB, and specifically the proposed appointees who will fill the Equity Committee slots on the TAB.

From the proposed Disclosure Statement (#9179):
"The Trust Advisory Board will consist initially of seven (7) members, with three (3) of such members selected by the Creditors’ Committee (together with any successors, the “CC Members”), three (3) selected by the Equity Committee (together with any successors, the “EC Members”) and one (1) selected by the Creditors’ Committee subject to approval by the Equity Committee (together with any successor, the “CC-EC Member”), which approval will not be unreasonably withheld."

"Currently,
(i) Wells Fargo Bank, N.A. and Arnold Kastenbaum have been selected as CC Members of the Trust Advisory Board;
(ii) Joel Klein and Michael Willingham have been selected as EC Members of the Trust Advisory Board;
(iii) Matthew Cantor has been selected as the CC-EC Member of the Trust Advisory Board, and
(iv) William Kosturos has been named the Liquidating Trustee.
One CC Member and one EC Member have not yet been selected."

From this Disclosure Statement it thus appears that two of the three EC Members have been selected, with one EC Member not yet selected. Regarding the selection of Joel Klein, he appears to be associated with a group of WMB Bondholders.

Yesterday the Debtors filed a motion (#9279) for approval of a stipulated settlement of the G&E Group's proof of claim #2480, which appears to be related to WMB Bondholder claims. Part of the stipulation includes the following:
"The Debtors shall use their reasonable best efforts to have a representative of the G&E Group appointed by the Equity Committee as a member of the TAB."

The issue I am trying to clarify is as follows: is the "representative of the G&E Group appointed by the Equity Committee as a member of the TAB" (#9279) the same person as the proposed TAB EC Member Joel Klein (#9179)?

In other words, which of the following is correct for announced TAB EC Members?
(A)  (1) Joel Klein, (2) Michael Willingham, (3) representative of the G&E Group.
or
(B)  (1) Joel Klein (representative of the G&E Group), (2) Michael Willingham, (3) selection not yet announced.

Thank you for your help in clarifying this issue.
XXXXX XXXXX


Willingham's response:
Quote:
Mr.  XXXXX,

There is only one representative from the G&E group that is contemplated to be represented on the liquidation trust.  Their candidate is Joel Klein.  So the answer is (B) at this point.

Thanks,

Mike


But... why should WMB Bondholders have a seat on the TAB, especially an EC slot? I didn't ask that question so I don't know for sure, but I'm guessing that it is related to yesterday's filing, which is a stipulated settlement of the WMB Bondholder claims for $15M (from proof of claim in the multiple $100Ms). Those claims would be placed into allowed subordinated claims, class 18. That class appears to be fully impaired, so would receive only Liquidating Trust interests as a distribution and would certainly want representation on the TAB. Why an EC slot though? I can only guess that this may be the result of the compromises that led to the proposed settlement of the claim, filed yesterday.

_______________________

The above was the total context of the approved post to bring here, courtesy of the GB.

Again, I did not write it nor do the leg work involved. Just bringing it here.

...Catz
--------------------------------------------------
Zitatende

MfG.L:)

investorshub.advfn.com/boards/read_msg.aspx?message_id=70377144

Zitat livefree_ordie:
So in Mr. Willingham's overall support for all shareholders then apparently he knows certain information and can share with all of us but choses to only answer to certain people here or on other boards. To me this means he in fact does not represent us as shareholder'SSSSSSSS, but does respond to ONE SHAREHOLDER. This causes a concern voiced by many by now about his sharing information with the folks he is representing here, I THINK. Sorry again if I upset all of your postiive thoughts here.
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Zitat Myadad:
You obviously have a problem with reading comprehension. The person who wrote to MW specifically said he was asking so he could share the response with other boards. Nobody was trying to hide anything but instead MW was trying to get the word out. Anyone can e-mail him and he will respond when he can. Some stuff is confidential but this information was obviously not.
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Zitat WithCatz:
livefree -- let's be realistic. Most of the requests of the EC cannot be answered -- like the questions I've read on "what is the new post-emergence PPS", etc -- the DS is not going to say that, nor will the EC. They can't, the market will determine all PPS, not the EC, etc. And the math and the permutations are in the DS -- it's just a lot to compute.

I am sure that the EC receives numerous requests and random emails, etc.

But when one is well worded, and very specific, and gets a reply -- then what is the attack on such a thing?

Let me get it straight -- should I NOT bring that information here?

Certainly the attacks have worked their way down -- originally on the Debtors, then THJMW, then to S&G, and now to MW, and the rest of the EC.

The forgetful part on most is that the DEBTORS (Eg, Weil, and A&M) have been the total betrayers here. And since 'we' can't seem to do anything about that, we work down the list, now it's lately MW.

The original posters question was well phrased, targeted, and the reply provided.

Ironically - "Sorry again if I upset all of your postiive thoughts here." -- there are numerous people who think all I am is negative :)

Oh well. I'm pragmatic. That's a difficult concept for many.

...Catz
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Zitat umaw:
Catz, been really wanting to ask you and get your thoughts on Willinghams guaranteed salary on new board, working on board with arch enemy Kostoros. You can public ally or privately answer my questions! TIA! My concern is that with the lucrative salary put forth, MW really has no incentive to look out for shareholders best interests.
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ZItat WithCatz:
umaw - My 2-cents.

I don't get worked up about it. I think this a tempest in a teapot. - en.wikipedia.org/wiki/Storm_in_a_teacup

And more importantly, I also look at the recurrent themes of those who are - specifically on Y! - who are really stirring up that teapot.

'Those' upset about it are working down their list of who they can get upset about -- WGM, A&M, THJMW, now it's key people on the EC and the front person is MW. {I know the others on the EC from their GB and Y! participation and they are rock-solid people...} - Of course, they've had to go 'dark' also -- that's what a representative Equity Committee is all about -- a representation, alas, without spilling all the beans to the determent of the world -- the adversaries don't either.

The EC and the S&G representation either IS representing us, or it isn't.

And your (the collective 'kings' your) investment ought to reflect your beliefs there.

Period.

End of my input there.

...Catz

P.S. Re Kostoros - now that's bugging me, but it's unlikely that we're going to toss him out as he is effectively the "Head" of the Debtors for 2 years now -- there's 'inherent' precedent and knowledge {don't get me started on his testimony -- let's stay with the issues of reorg} -- and honestly I need more input from the EC about this.
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Zitat livefree_ordie:
No sir you don't get it, if this information was alread available are we to ask every single possible question in a letter to King MW before he will respond to his subjects. I read what you state sir, but don't you think it a tad funny it is not offered to the shareholder without begging to share with us poor folk down here. I guess you find that type of slavery normal for your supposed representative, I find it elitist.
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ZItat WithCatz:
Livefree -- it's by nature elitist to be on the EC.

It's also a huge burden.

Have you submitted your request to be on the EC?

You can get all your info that way then, but then keep it mum as well.

They ARE by law and definition, a group that has special - elite if you will - information and CANNOT share it.

It's their role to represent us. But it's NOT their role, by LAW to share every nuance we want to know.

That's life.

If that's not the cup-o-tea, then this isn't might not be the right investment.

...Catz
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Zitat livefree_ordie:
Catz I love your stuff here as you know. Please answer one question for me. Does Michael Willingham represent all Equity Shareholders on the Equity Committee, yes or no? If no then I understand your comments, if yes I stand by my statements here and his lack of support and information to all shareholders here.

Yes unless one writes them a letter and asks if it can be shared by the masses, that is the way I see it coming across and not very professional in my mind, in consideration other holders here is all. MW if he is to make a statement or provide other information can find a means to get the point across to many here as he would wish to. Nothing stops that from occurring. But as you suggest then he should never have responded to this letter and allowed this person to post to the world if he has taken a vow of silence on such matters. Cannot be both ways, er can it?
Oh yeah they are rich, rules are different I keep forgetting.
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Zitat WithCatz:
livefree - from my 'deep' understandings of the role of the Equity Committee, and it's stated purposes, and the members of it -- both past and present -- my answer is:

Yes, MW represents all forms of EQUITY -- Preferreds and Commons. His personal holdings, are not what he's there for -- after 2+ years, it's a holistic thing, and the snarky suggestions otherwise are naive.

The fundamental problem here is -- with the internet, and danbb's call-in info, and the pro se work, this probably is THE MOST involved situation by shareholders ever.

Normally an EC is appointed, and a few months later -- win/lose, it happens.

Not this case.

But also, we don't get the strategy info, nor the inside info, etc -- that's what the EC is all about -- a LIMITED group, to represent the MASSES....

(And the other reminder, probably it the rare case does an EC ever get formed anyway)



livefree -- by definition, no EC member can share something that cannot be distributed to the masses.

Private replies, personal responses - That's just not the way it works. That's afoul of a bunch of things.

You can't ask and get a "personal" answer.

And the creds of the person asking the question was beyond reproach. MW knew of the person from the get go.

They framed it right, wrote it right, and distributed it right -- immediately and off-hours as well. {and so was the EC's response}

capice?

IMHO.

...Catz
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ZItat