Wamu WKN 893906 News !
Ich habe heite real Kurs time bei google geckuckt und habe zufällig den Kurs aktualisiert
dabei habe ich gesehen das das Kurs bis 1 € gestigen war für ganz Kurze Zeit
da ist link und aktualisirtt das das ihr für 2 tage den kurs grafik sehen köntet
da kann man sehen das Kurs zu 1 € steigt
Da müssen Schweinerei gelaufen sein !!!!!!!!!!!!!!!!!!
http://www.google.com/finance?q=Wamuq
Einige Spekulanten haben jetzt ihren Taschenrechner gezückt und die angepeilten vier Milliarden Dollar durch die Anzahl der ausstehenden Aktien von Washington Mutual geteilt (1,7 Milliarden). Das Ergebnis dieser Rechnung ist ein Aktienkurs von 2,35 Dollar. Gegenüber dem aktuellen Kurs von 0,12 Dollar entspricht dies einem Aufschlag von etwas mehr als 1.850 Prozent.
http://www.deraktionaer.de/xist4c/web/...l-_id_201__dId_10114489_.htm
mc
Friday, 12 Jun 2009 06:01pm EDT
Law Firm of Tramont Guerra & Nunez, PA announced filing of a million dollar securities arbitration claim with the Financial Industry Regulatory Authority (FINRA), Case No. 09-01606, against Merrill Lynch. Merrill Lynch was acquired by Bank of America and is now a part of the combined broker dealer Banc of America Securities/Merrill Lynch. The securities arbitration claim alleges an unsuitable concentration in Washington Mutual stock. During the financial banking system collapse the concentrated stock portfolio declined over $1.6 million, while there was no advice given to implement any risk management strategies to protect the concentrated portfolio. The securities arbitration claim arises from sales practice rule violations, as set forth by the FINRA. Merrill Lynch was obligated to give and investors are entitled to rely upon brokerage firms for, competent, suitable investment advice in accordance with the FINRA regulations. In this instance, the Claimant did not understand the risks associated with securities concentration in the banking and financial sector of the economy. Many investors were advised that an investment in Washington Mutual was a suitable investment, and some investors maintained concentrated positions. These concentrated positions may have exposed investors to unnecessary and uncompensated risk. This arbitration claim filed with FINRA seeks to recover losses stemming from the violation of these FINRA sales practice rules and regulations.
Bank of America Corporation Prices EUR1.5 Billion 7% 2016 Bond At 99.884-DJ
Wednesday, 3 Jun 2009 12:43pm EDT
Dow Jones reported that sole book runner Bank of America Merrill Lynch said that Bank of America Corporation has priced a EUR1.5 billion bond, due June 15, 2016, with the following terms. This bond will mature on June 15, 2016 and the payment date will be June 10, 2009.
Boston Medical Center Selects Bank of America Corporation To Assist With Payments Transformation
Wednesday, 3 Jun 2009 10:00am EDT
Bank of America Corporation announced that Boston Medical Center, the hospital in New England, has chosen Bank of America to transform a significant portion of the hospital's Accounts Payable paper checks into electronic payments.
Bank of America Corporation Launches $2.5 Billion 10 Year Bond-DJ
Thursday, 28 May 2009 03:26pm EDT
Dow Jones reported that Bank of America Corporation launched a $2.5 billon bond offering. The non guaranteed 10 year global bond was launched at a spread of 412.5 basis points over Treasurys area, directly in line with preliminary price guidance.
Bank of America Corporation Announces Exchange Offer For Certain Series of Preferred Stock
Thursday, 28 May 2009 09:01am EDT
Bank of America Corporation announced that it is commencing an offer to exchange up to 200 million shares of common stock for outstanding depositary shares of certain series of preferred stock. The exchange offer is subject to the terms and conditions described in the Offer to Exchange dated May 28, 2009, and the related Letter of Transmittal, which will be filed with the Securities and Exchange Commission. The exchange offer will expire at midnight, New York City time, on June 24, 2009, unless extended or earlier terminated by Bank of America. Holders of the depositary shares eligible for the exchange will be able to tender their depositary shares, or withdraw their previously tendered depositary shares, any time prior to the expiration of the exchange offer.
http://www.reuters.com/finance/stocks/...amp;timestamp=20090612220100
Dear WaMu Equity Group Member.
As many of you are aware, we have begun the process of getting a
recognized Equity Committee
into the bankruptcy proceedings in Delaware, and we would like to
retain counsel.
We have formed an Ad Hoc committee to pursue that goal.
Having competent representation in the bankruptcy proceeding will
significantly affect the outcome for equity,
and without representation that serves equity we will receive
nothing.
Currently the focus is on paying off the creditors. There is no focus
on a recovery for us shareholders,
hence the need for an Equity Committee.
In order to succeed with our goal, we need to retain top legal
talent, since we will receive resistance from top legal talent.
We have been in contact with a well-respected law firm, but they
require a $50K retainer.
At this time, members have pledged $30K for legal representation.
Our group currently has 1,448 members, so a $50 pledge by the
majority of members could allow us to retain this top firm.
Please take a minute and go to WaMuEquity.org and update your pledge
amounts on the Share Registration page.
We are doing this to obtain a better idea of the funds that will be
available.
These funds will be used as a retainer and for the preparation of any
motions or other bankruptcy filings and
associated legal actions that may be required to establish an equity
committee.
If you haven't pledged anything yet, please see if you can pledge at
least something for YOUR cause. And if you
feel you can pledge more, please update your pledge.
Once an EC is formed and approved, the ongoing legal costs are borne
by the estate of WMI, just like the Creditor Committee.
Also, if an Equity Committee is appointed, there is a chance we will
be able to recover the costs of forming it,
i.e. the legal expenses that we incur to form the committee in the
first place. In such an event, your funds will be returned.
Please consider this pledge as a commitment on your part, and do not
pledge more than you are able to pay when called upon.
If you have forgotten your PIN, a link is available on the page to
request a reminder email.
Here is the link to the Shares Registration page:
http://WaMuEquity.org/shares-register-page.html
Also, we will shortly be sending another EMail that will explain in
more detail what we are trying to accomplish, and why.
If you have questions, we have opened a topic 'Equity Committee' on
the WaMuEquity.org forum.
You can access this forum by opening an account at WaMuEquity.org, if
you haven't already.
To open an account, go to 'The Group' page. You may have to scroll
down to see the account creation section.
Meanwhile, feel free to Google 'Equity Committee'.
Thank you for your support,
WaMu Equity Ad Hoc Committee
Kurs wird im Keil leicht nach oben gehen Ausbruch nicht ausgeschlossen
http://www.chart-von-jan.de/html/wmi.html
habt ihr bestimmt auch gelesen
http://wmish.com/dc/0611/a/
bin mal gespannt, was die wamuq anwälte dazu sagen,
wurde ja ganz schön zerpflückte, deren anklageschrift,
das wichtigste in aller kürze:
OTS, nicht FDIC hat wamuq in die inso geschickt
FDIC war daraufhin verpflichtet, den bankrott so schonend wie möglich abzuwickeln,
und zwar im sinne der steuerzahler, nicht der gläubiger, eigentümer
oder aktionäre
alle forderungen seitens der wamuq holding sind abzuweisen,
vermögenswerte, um die gestritten wird, wurden von WMI nämlich zu einem zeitpunkt transveriert, als man schon insolvent war,
first EMail all scrunched up into one big paragraph. If that happens
to you, please let me know.
The Goals of the Equity Committee
The Equity Committee should evaluate courses of action in the case in
light of two fundamental goals. The first of these goals is to
maximize the consideration received by shareholders under a plan of
reorganization. The consideration offered to shareholders is almost
always some form of equity in the reorganized debtor which usually
takes the form of common stock, but can also include more exotic forms
of equity such as warrants or preferred stock. This goal really boils
down to negotiating or otherwise obtaining the largest possible share
of such equity for present shareholders.
The second goal is to maximize the overall value of the equity in the
reorganized debtor, which in turn maximizes the value of the share of
such equity received by present shareholders. This involves monitoring
the case and taking action where necessary to ensure that: (a) the
debtor is doing everything possible to maximize profitability; (b) the
debtor is obtaining maximum value for assets (including causes of
action); (c) creditor claims are being minimized; and (d) the least
possible amount of assets is being allocated to satisfy creditor
claims.
Strategies for Achieving these Goals
Negotiations
As previously discussed, the paramount goal of the Equity Committee
should be to maximize the share of equity received by shareholders
under the plan. Although a legal framework exists for determining
entitlement of shareholders to a share of the reorganized debtor’s
equity, determination of this share typically does not boil down to a
legal battle. More often, the issue is resolved consensually through a
series of negotiations. The success of the Equity Committee in these
negotiations depends upon its effective utilization of “pressure
points” on the debtor and creditors.
Pressure Points
These pressure points can take many forms. Some examples include:
The need for a consensual and quickly confirmed plan. The presence of
an Equity Committee can be a dangerous obstacle that can lead to
concessions for shareholders.
The avoidance of the cost and risk of litigating the entitlement of
shareholders to receive a share of the equity.
Worries of the debtor’s directors and management about fiduciary
obligations to shareholders. The Equity Committee can increase this
pressure by requesting (or threatening to request) the court to compel
the calling of a shareholders’ meeting for the purpose of voting on
the continued service of the directors (and by implication the
continued service of management). See Manville Corp. v. Equity Sec.
Holders Comm. (In re Johns-Manville Corp.) (1986) 801 F2d 60 (denying
motion for summary judgment in action by debtor to enjoin Equity
Committee’s state court action to compel shareholders’ meeting);
Official Comm. of Equity Sec. Holders of Lone Star Industries v.
Lonestar Indust., Inc. (In re New York Trap Rock Corp.) 138 BR 420
(Equity Committee has standing to seek to compel debtor to hold
shareholders ‘ meeting); In re First Capital Holdings Corp. (Bankr CD
Cal. 1992) 146 BR 7 (authorizing Creditors’ Committee to prosecute
claims on behalf of debtor against debtor’s officers and directors).
The Equity Committee can also attack the management based upon past
activities (e.g., an ill-advised leveraged buy-out).
The desire of creditors to avoid an investigation into and possible
litigation over matters such as lender liability, improper claims
trading, or other improper activities.
In high profile cases, the desire by management and major creditor
groups to appear to be publicly magnanimous.
The need of the debtor’s management to enlist the support of the
Equity Committee for their executive compensation, stock options, and
like plans, and to avoid Equity Committee criticism of management
“perks.”
The Threat to File a Competing Plan of Reorganization
If the debtor and creditors cannot be dissuaded from attempting to
confirm a plan highly unfavorable to equity, the Equity Committee may
have no choice but to urge shareholders to vote against it, and to
object to confirmation of the plan.
The most likely target for objection is the requirement of
§1129(a)(8) that each impaired class of claims or interests vote to
accept the plan. If, under the plan, shareholders are not retaining
their 100% ownership of the debtor, the class of shareholders is
impaired. See 11 USC §1124. All that is needed for that class to fail
to accept the plan is for over one-third of voting shareholders in
that class to vote to reject it. See 11 USC §1126(d). This result
usually can be achieved by mailing letters to all shareholders urging
them to vote against the plan. Because shareholders also will receive
a court-approved disclosure statement from the plan proponent, the
Equity Committee probably does not need court approval to send such a
letter. See Century Glove, Inc. v First Am. Bank of New York (3d Cir
1988) 860 F2d 94 . However, to avoid administrative burden and cost
and for greater effectiveness, the Equity Committee may want to ask
the court to require that such a letter be included in the plan and
that a disclosure statement package is sent by the plan proponent.
The failure of §1129(a)(8) voting requirement does not by itself
defeat plan confirmation. Section 1129(b) allows the court to “cram
down” a plan otherwise meeting the requirements of §1129(a) on a
dissenting class of shareholders if the plan does not discriminate and
is “fair and equitable” to such class. See 11 USC 1129(b).
§
Reorganization Value
Where the property to be distributed to creditors is a share of the
equity in the reorganized debtor, a valuation of such equity must be
performed to determine if its value exceeds the allowed amounts of
creditor claims. Such equity is valued according to its
“reorganization value.” This is the future value of the equity once
the reorganization plan has been implemented. If the reorganization
value of the equity to be distributed to creditors exceeds the allowed
amounts of their claims, the plan violates the prohibition on more
than 100% payment and cannot be confirmed. To be confirmed, the plan
must be modified to give shareholders this excess equity value. See
Consolidated Rock Prods. Co. v Du Bois (1941) 312 US 510; Fortgang &
Mayer, Valuation in Bankruptcy, 32 UCLA L Rev 1061, 1126-30 (1985).
Conclusion
Appointment of an Equity Committee, and its full and meaningful
participation in the reorganization process, provides shareholders
with at least a fighting chance to salvage their interest in a
corporation. Further, allowing shareholders to be represented by an
Equity Committee promotes the Chapter 11 policy in favor of consensual
reorganization through negotiations among major constituencies.
Handelsplatz Frankfurt:
03.10.2008 0,079 0,137 0,075 0,108 14.098.714
02.10.2008 0,106 0,109 0,073 0,079 20.503.380
01.10.2008 0,064 0,097 0,059 0,097 31.501.047
30.09.2008 0,04 0,065 0,035 0,048 31.050.215
26.09.2008 0,31 0,36 0,09 0,12 13.249.985
ps.:hoffe es mal:)))))
lg