Nunca crei que fuera a ver esto en una TV de USA pero ahora si que parece que va a ser dificil que JPM y Dimon puedan parar todas las repercusiones de la informante que junto a Matt Taibbi ha decidido destapar la mierda de JPM y sus conexiones con el Departamento de Justicia y Casa Blanca.
http://www.msnbc.com/the-ed-show/watch/whistleblower-sheds-light-on-financial-crash-355233347809
https://www.fdic.gov/bank/individual/failed/meritor.html#notice
"If your shares are held through a financial institution or broker you are a beneficial owner and you will not need to take any action. Your distribution will be paid directly by the FDIC-Receiver to the Depository Trust & Clearing Corporation (DTC) which serves as nominee and record owner for brokerage firms and financial institutions. The DTC will distribute the funds to your broker or financial institution to be credited to your account." From the FDIC site listed near WAMU under LEGAL. Meritor Bank, PA. Different situation but will the process be the same?
Those MBS residuals that JPM is servicing the mortgages for should be freeing-up about now.
HLCE, phase one,
Not to mention ... from JPMorgan Chase, National Association's own' ... submissions ~
====================================================
Condensed statement of net assets acquired
"The following condensed statement of net assets acquired reflects the final value assigned to the Washington Mutual net assets as of September 25, 2008."
(in millions) September 25, 2008
Assets
Cash and due from banks 3,680
Deposits with banks 3,517
Federal funds sold and securities purchased under resale agreements 1,700
Trading assets 5,691
Securities 17,224
Loans (net of allowance for loan losses) 206,456
Accrued interest and accounts receivable 3,253
Mortgage servicing rights 5,874
All other assets 16,596
_______________________________________________________________
Total assets 263,991
Liabilities
Deposits 159,872
Federal funds purchased and securities loaned
or sold under repurchase agreements 4,549
Other borrowed funds 81,636
Trading liabilities 585
Accounts payable, accrued expense and other liabilities 6,708
Long-term debt 6,718
_______________________________________________________________
Total liabilities 260,068
Washington Mutual net assets acquired $3,923
Loans (net of allowance for loan losses) 206,456
Why does it list LOANS AS ASSETS instead of just the RIGHT TO SERVICE THE LOANS
this seems to support that JPM actually acquired the mortgage loans instead of just the rights to service...
"How will this distribution affect my taxes?
Answer: A 1099-DIV form will be sent to you at year end either directly from the FDIC-Receiver or your brokerage firm that is holding your shares. You should seek advice from a tax professional or the IRS to determine any tax effect this distribution may have upon you"..........from the same site. We have the markers AND the Newco. I know it's forward thinking but helps while I wait.
Mr Simpson llevas años diciendo que iban a meter entre rejas a J. Dimon pero es mas un deseo que una realidad.
Este personaje fuma algo muy muy malo, debería de comunicárselo a su doctor. Se piensa que JPM es WMIH y los escrows jajaja. En el proximo papelon que le caerá a wmih tras los fondos de cobertura cubrir sus posiciones, van a hacer perder la camisa espero que sólo a simpson. Creo que ya es el único invertido en este valor dirigido por un corrupto. Sigue sin comentar el levantamiento que se está tratando de formar para echar al corrupto ex lider del EC ya que va a hacer lo mismo que hizo en en la bk, venderse a los hj, jpm y a KKR en este caso.
Saludos
Si van a hacer saltar a M.W. es informacion de primera mano para esperar el desplome de la accion. Lamentable si Simpson calla estas informaciones a sabiendas.
Aquí la unica cobertura que hay es tu imbecilidad suprema... la misma que se reia de Alibaba y mirala ahi está en máximos a $ 114.5.... ohhhhhh yeahhhhhh jajajajaja
http://finance.yahoo.com/echarts?s=BABA+Basic+Chart
Tio si tu no estas invertido en este valor ¿a que cojones vienes a este foro?
Hay corrientes de inversores que despotrican a la primera contra todo lo que se menee... dale a MW hasta Junio de 2015 para probarse y si no vale pa fuera... no me voy a poner nervioso por mucho que lo intentes.
Insider Holders*
Most Recent Trans. Shares Owned
DAVIS EUGENE I
Director Acquisition (Non Open Market) Feb 10, 2014 ------------------------363,193 X 2.5 3.0 avg.pps =
GLOSSMAN DIANE BETH
Director Acquisition (Non Open Market) Feb 10, 2014 ------------------------313,193 "
GRAHAM TIMOTHY R
Director Acquisition (Non Open Market) Aug 13, 2013 ------------------------263,193 "
HOLLIDAY MARK E
Director Acquisition (Non Open Market) Aug 13, 2013 ---"
RENOFF MICHAEL J
Director Acquisition (Non Open Market) Feb 10, 2014 ------------------------313,193 "
SCHEIWE STEVEN D
Director Acquisition (Non Open Market) Aug 13, 2013 ------------------------263,193"
WILLINGHAM MICHAEL
Director Acquisition (Non Open Market) Feb 10, 2014 ----------- 347,696 "
And let us not forget !
Fees Earned or PAID IN CASH ////
Michael Willingham $163,125
Eugene I. Davis $130,000
Diane B. Glossman $111,250
Timothy R. Graham $108,750
Mark E. Holliday $126,250
Michael Renoff $110,000
Steve D. Scheiwe $118,750
P-20 of the last 10K
On October 18, 2012, WMIHC issued a total of 1,156,078 restricted shares of WMIHC’s common stock under the 2012 Plan to outside directors. On August 13, 2013, 686,273 restricted shares of WMIHC’s common stock were issued under the 2012 Plan to outside directors. The restricted shares vest in three equal installments commencing on the date of grant over a three year period (subject to continued service as a director through each vesting date and subject to certain stock ownership guidelines in which the director must at all times during service on the board hold shares of WMIHC’s stock equal to 50 percent of the aggregate number of shares awarded to the director as director compensation and that have vested, and such shares may not be sold without the prior approval of the Compensation Committee). Effective February 10, 2014, we increased the number of shares reserved and available for awards under our 2012 Plan from 2 million to 3 million shares of WMIHC’s common stock and issued 250,000 restricted shares to members of our Corporate Strategy and Development Committee and our Chairman, Michael Willingham. We issued these shares relying on Section 4(2) of the Securities Act, and Rule 506 of Regulation D thereunder
Director compensation has three components:
(1) annual cash retainer for board service;
(2) annual cash retainers based on committee chair positions and committee membership; and
(3) annual restricted stock grants. The annual cash retainer for board service was $100,000. Annual retainers for committee or chair service include:
(i) $10,000 for each non-Chair member of the Audit Committee;
(ii) $10,000 for each non-Chair member of the Corporate Strategy and Development Committee;
(iii) $5,000 for each non-Chair member of the Compensation Committee;
(iv) $5,000 for each non-Chair member of the Nominating and Corporate Governance Committee;
(v) $50,000 for being Chairman of the Board;
(vi) $25,000 for the Audit Committee Chair;
(vii) $25,000 for the Corporate Strategy and Development Committee Chair;
(viii)$12,500 for the Compensation Committee Chair and
(ix) $12,500 for the Nominating and Corporate Governance Committee Chair. All retainers were paid in quarterly installments, in advance, on the last day of the prior quarter. WMIHC also reimburses directors for their travel expenses for each meeting attended in person; however, reimbursement amounts are not included in the totals above
