Washington Mutual demanda a la FDIC por 17 billones US$ + daños

no entiendo nadie postea,que dira ahora bophan se debe estar partiendo el culo a nuestra costa seguro que vendio a 45 dolares si le quedaba alguna

http://www.reuters.com/article/idUSN0117138920101101 report del finiquito

UPDATE 3-WaMu examiner dampens hopes for shareholders

Tweet This
Share on LinkedIn
Share on Facebook
Digg
Related News
Tribune creditors file three reorganization plans
Sat, Oct 30 2010
UPDATE 1-Tribune creditors file three reorganization plans
Sat, Oct 30 2010
UPDATE 1-Tribune creditors file three reorganization plans
Sat, Oct 30 2010
Tribune investors sue banks that arranged financing
Sat, Oct 30 2010
PREVIEW-WaMu's creditors brace for examiner report
Fri, Oct 29 2010
Related Topics
Stocks »
Funds News »
Bonds News »
Bonds »
Global Markets »
ETFs News »
Bankruptcy »
Financials »
Stocks

Washington Mutual, Inc.
WAMUQ.PK
$0.17
+0.00+2.35%
12:00am GMT+0200

JPMorgan Chase & Co.
JPM.N
$37.42
-0.21-0.56%
8:00pm GMT+0100
Mon Nov 1, 2010 7:27pm EDT
* Examiner finds FDIC, JPMorgan settlement "reasonable"

* Report says litigation unlikely better than settlement (Adds FDIC statement)

By Tom Hals

WILMINGTON, Del., Nov 1 (Reuters) - Shareholders of Washington Mutual Inc (WAMUQ.PK) are "highly unlikely" to recover anything from the bankruptcy stemming from the biggest bank failure in U.S. history, a court-appointed examiner said on Monday.

The examiner wrapped up a three-month investigation into an agreement between JPMorgan Chase & Co and a federal regulator aimed at ending Washington Mutual's two-year bankruptcy.

His conclusions were welcomed by the company, but will be a blow to shareholders, who stand to get nothing under the company's proposed reorganization.

The examiner, Joshua Hochberg, determined that "the proposed settlement will most likely result in no recovery for any classes of shareholders under the plan. The examiner also concludes that further litigation concerning any disputed asset is highly unlikely to materially to benefit classes that are 'out of the money.'"

An attorney for the official committee of equity holders declined to comment.

The report digs through the final months leading up to Washington Mutual's collapse into Chapter 11 the day after regulators seized its bank operations and sold them to JPMorgan Chase & Co (JPM.N) for $1.9 billion.

The bank's failure came at the height of the 2008 financial panic and followed a $16 billion run on deposits.

The report recalls the fears at the time of a wider financial meltdown, concerns about Washington Mutual's hidden toxic assets and FDIC jitters that its deposit insurance fund would be rendered insolvent by a large

UPDATE 3-WaMu examiner dampens hopes for shareholders

Tweet This
Share on LinkedIn
Share on Facebook
Digg
Related News
Tribune creditors file three reorganization plans
Sat, Oct 30 2010
UPDATE 1-Tribune creditors file three reorganization plans
Sat, Oct 30 2010
UPDATE 1-Tribune creditors file three reorganization plans
Sat, Oct 30 2010
Tribune investors sue banks that arranged financing
Sat, Oct 30 2010
PREVIEW-WaMu's creditors brace for examiner report
Fri, Oct 29 2010
Related Topics
Stocks »
Funds News »
Bonds News »
Bonds »
Global Markets »
ETFs News »
Bankruptcy »
Financials »
Stocks

Washington Mutual, Inc.
WAMUQ.PK
$0.17
+0.00+2.35%
12:00am GMT+0200

JPMorgan Chase & Co.
JPM.N
$37.42
-0.21-0.56%
8:00pm GMT+0100
Mon Nov 1, 2010 7:27pm EDT
* Examiner finds FDIC, JPMorgan settlement "reasonable"

* Report says litigation unlikely better than settlement (Adds FDIC statement)

By Tom Hals

WILMINGTON, Del., Nov 1 (Reuters) - Shareholders of Washington Mutual Inc (WAMUQ.PK) are "highly unlikely" to recover anything from the bankruptcy stemming from the biggest bank failure in U.S. history, a court-appointed examiner said on Monday.

The examiner wrapped up a three-month investigation into an agreement between JPMorgan Chase & Co and a federal regulator aimed at ending Washington Mutual's two-year bankruptcy.

His conclusions were welcomed by the company, but will be a blow to shareholders, who stand to get nothing under the company's proposed reorganization.

The examiner, Joshua Hochberg, determined that "the proposed settlement will most likely result in no recovery for any classes of shareholders under the plan. The examiner also concludes that further litigation concerning any disputed asset is highly unlikely to materially to benefit classes that are 'out of the money.'"

An attorney for the official committee of equity holders declined to comment.

The report digs through the final months leading up to Washington Mutual's collapse into Chapter 11 the day after regulators seized its bank operations and sold them to JPMorgan Chase & Co (JPM.N) for $1.9 billion.

The bank's failure came at the height of the 2008 financial panic and followed a $16 billion run on deposits.

The report recalls the fears at the time of a wider financial meltdown, concerns about Washington Mutual's hidden toxic assets and FDIC jitters that its deposit insurance fund would be rendered insolvent by a large

UPDATE 3-WaMu examiner dampens hopes for shareholders (REUTERS)

cero para preferentes tambien es peor de lo que me imaginaba tendremos que colocar las comunes a 3 centimos y las preferentes a 3 dolares para venderlas

hdlgp

Mañana en Uruguay es feriado y los bancos no operan por el día de los difuntos (que en este caso somos nosotros)

His conclusions were welcomed by the company, but will be a blow to shareholders, who stand TO GET NOTHING under the company's proposed reorganization.

The examiner, Joshua Hochberg, determined that "the proposed settlement will most likely result in no recovery for any classes of shareholders under the plan. The examiner also concludes that further litigation concerning any disputed asset is HIGHLY UNLIKELY to materially to benefit classes that are 'out of the money.'"

HE PUESTO EN MAYUSCULAS LA MADRE DEL CORDERO,NO HAY DONDE AGARRARSE ESTO ES EL ACABOSE

no jodas o sea que eres uruguayo y no puedes poner la orden por internet (te entendi mal entendo que quizas era day off en eeuu) si te esperas al miercoles no podras salvar nada,trata de hacerlo por internet o lo perderas todo,llevabas muchas acciones?????????????

lo siento ha sido un lucha inutil la vida a veces es asi esperemos que nos sonria en otras areas.un abrazo