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

¿Dudas con el presidente? ¿Acciones que podrian no cotizar? ¿Saldra bien? ¿Por donde lo ves majete?

Las accciones cotizarán!... o si no :) será privada...pero algo será.

Previously, P share has a face value and capped at $1000 per share. Since now P shares will be converted to NEWCO shares then there will be no ceiling.

If NEWCO gets a valuation of slightly more than 10B, P old share value will be at more than $1000 per share and this is more than its old face value.

I think the ratio of 70/30 between preferred and common was devised such that TPS can get full or near full recovery by owning approximately 30% of NEWCO and NEWCO is anticipated to have a value of roughly 10B eventually.
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Currently if you value NEWCO at just 200M, P will get $19 per share or above what it is trading now while common only gets 2.5 cents, lower than what it is trading. So I believe that the ratio is tilted in favor of preferred to give TPS recovery because it owns around 30% of NEWCO. And you can guess on the recovery that TPS can accept.
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While this all sounds impossible, remember that JPM, TPS, and the hedgies own huge numbers of prefs. Thus they too would reap huge rewards from a big payout and may be why JPM may buy out retail, and why the TPS and hedgies are so excited about what's to come.....they know much more than we do.

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I agree with bop's assessment of $300-600 for Ps. It makes sense. I don't see $1000 happening. I will donate the vast amount of my gains to charity. Lots of people hurting now.

1) Cuantas acciones de NewCo recibiré?

No lo sabemos exactamente. Dependerá de cuantas, de cada clase, release -- y esa información aun no la conocemos.

El "peor" caso (todos dan releases, y noteholders se llevan su 5%) ha sido calculado de la siguiente manera:

1 acción of WAMUQ es calculada to get 0.025112 shares de la NewCo
1 acción of WAMKQ es calculada to get 0.475000 shares de la NewCo
1 acción of WAMPQ es calculada to get 19.00000 shares de la NewCo

http://www.geishababy.com/wamu/#POR7ReOrgCalculator

8} ¿Cuanto valdrán mis acciones de la NewCo?
Valdrán lo que un vendedor este dispuesto a venderlas y un comprador dispuesto a pagarlas.

¿Las P´s a 300-600 dólares? Por favor cuando postees informacion que sea real y soportada con objeciones verificables o declaraciones que transmitan desde la Compañia. Tu pones 1000 o 300 solo para bombear los precios, asi has mandado a la tumba a infinidad de usuarios, los que vendieron estan muertos y los que mantienen las acciones estan con el corazon en un puño gracias a TUS INFORMACIONES FALSAS.

Ya veo , además de no saber leer eres un experto Basher MANIPULADOR de contenidos.
Leete el post anterior al tuyo y encontraras tu respuesta... lo de las cantidades son cabalas que hacen los foreros USA yo las encuentro interesantes pues estoy subido en Preferentes.

¿que precio hay que manipular Besugo? si los precios van a cambiar en cuanto el ticker deje de funcionar y se haga el cambio. Lo tuyo es de juzgado de guardia :)

Como te jodería que se cumplieran esos pronósticos ¿verdad? pues nada sigue haciendo la guerra por tu cuenta hasta que te quedes solo.

Muchas similitudes incluidos los muchos Billones en NOL´s.
El Plan es la busqueda de socios para mergers... suena interesante
valorando que somos primos hermanos.

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Like a voice from the grave, none other than Lehman Brothers re-emerged from bankruptcy last week. After 1,368 days in Chapter 11, the company, of course, is a shell of its former self. Once the world's fourth-largest investment bank, with 25,000 employees, it now has fewer than 450 people sweeping up the remains. Its shares fetch about three cents each on the Pink Sheets, the marketplace for the woeful and misbegotten.

And while Lehman is no longer operating under the auspices of a bankruptcy judge, it's hardly a viable company at this point. It still has to pay creditors billions in claims, with the first $10.5 billion distribution set for April 17. In all, creditors stand to receive about $65 billion—about 20 cents on the dollar—and Lehman will be liquidating billions worth of real estate, securities and other assets for a long time to pay them off.

But deep in all the detritus lurk the seeds of a revival, of sorts. Lehman emerged from bankruptcy holding a potentially valuable thing—$55 billion in net operating losses, or NOLs. If the postbankruptcy entity that is Lehman has any future, all the losses it accumulated while in free fall will be the reason.

That's because Lehman could use the NOLs, along with whatever cash it's got, to merge with another profitable company. The NOLs would then be used to offset the income generated by the combined company and let it operate virtually tax-free for many, many years. The only limitation under tax law is that the NOLs would be good only if Lehman strikes mergers within its own industry—but, then again, “financial services” describes so many different companies, it's not as if Lehman would be starved for choices.

“The game plan would be to strike mergers over and over again to make best use of all those NOLs,” said William Brandt, an expert in restructuring failed companies and chief executive of Development Specialists Inc. He said Lehman could use its losses to acquire smaller banks or finance companies or even something sizable, like business lender CIT Group.

Ultimately, the big payday for Lehman's current investors would come when the new, highly tax-advantaged company is finally sold or—heaven forbid—taken public all over again. Mr. Brandt said this kind of rebirth is almost surely what the company's new board has in mind, and it's much easier to do this sort of delicate work away from the glare of a bankruptcy court.

“I understand it might sound strange to a lot of people,” Mr. Brandt said. “But if you're a vulture investor, Lehman is a very interesting opportunity.”

http://www.crainsnewyork.com/article/20120311/SUB/303119973

as mitt said - how about a 10K bet - Besugo este quiere hacerse amigo tuyo...

you posted

If NEWCO gets a valuation of slightly more than 10B

I take the side and offer 10K to 5K (I will pay 10K if you win and I will want 5K if win) that aside from litigation - that may or may not happen on some grand scale and may or may not be part of value of NEWCO

that NEWCO will NEVER (say 3 years?) reach a valuation in cash or share prixe x shares of 10B

I will bet 1:1 3K using the valuation 3B... we pay each other 3K if over or under - say 3 years - with take outs counting

I do not think the market is right to in essence discount NOL to zero or 30-40M and I think the value could get as high as 1B for newco ...... and I hope MORE for equity from LT and LT and then the massive hoped for lawsuits

but newco via NOL and takeouts and building a business - I can see 1B not more (and start betting even money at 3B)

I have put this in betting terms only to stress how stronlgy AS A bitter mad LONG I just do not see numbers that drive the value of NEWCO beyond 1B if lucky and 2B if insanely super lucky