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Flagstar Bancorp Inc. Message Board

guster0 68 posts  |  Last Activity: Feb 20, 2015 4:19 PM Member since: Feb 5, 2008
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  • guster0 guster0 Feb 20, 2015 4:19 PM Flag

    I still have my enthusiastic positive mood.
    I am so proud of you Jerz! that is awsome!!!!
    2010,2011,2012,2013,2014,2015 is a long time to stay afloat but you guys are teadin water in ways I could never explain to know one. I guess you have to see it to believe it right?
    You have heard that rotten Debtor saying they expect the liquidation to continue until after 2018?
    Darn Jerz thats another 4 years, Hey it's Friday ya know. Did you check your mail?
    I bet lots of new exciting things are poppin at the new board. Probably a new line of dreamers taking the stage to push this over .20 wow Wow WOW!!!!!
    Hey good luck to you and have a great weekend!
    I am sure with that attitude those next 4 years will FLY BYE!
    SEE YA!

    Sentiment: Strong Sell

  • Reply to

    Lehman Board

    by camaro4meandyou Feb 5, 2015 2:05 PM
    guster0 guster0 Feb 20, 2015 3:59 PM Flag

    ahh so thoughtful of you!
    But I will wait until after 2018 when the liquidation is complete to see who needs them then.
    Your very kind!

    Sentiment: Strong Sell

  • Reply to

    Heavy call option activity noted on BAC in February

    by pfg_01 Feb 19, 2015 3:28 PM
    guster0 guster0 Feb 19, 2015 3:38 PM Flag

    Yes the call options went nuts when the rumor of a rate increases. Now that is gone we are back to flat line.
    Same ole crapola year after year. They dangle the rate increase and the admin says are you kidding me and down we go.
    This crapola is getting very old!
    You know just behind the next turn the admin is licking it's chops for more free money from the banks.
    If they have to give up the money tree (freddie and fannie) you know they are going down hard on BAC.
    IF we vote in Lizzy Warren she will finish off what O started and this county will be finished!!!!

  • Reply to

    Lehman Board

    by camaro4meandyou Feb 5, 2015 2:05 PM
    guster0 guster0 Feb 19, 2015 12:49 PM Flag

    WE REGRET IN TELLING YOU THE BOARD IS NOW TOTALLY PRIVATE. DUE TO PEOPLE WANTING TO TALK ABOUT REAL ISSUE'S VS THE NORMAL I WISH THIS AND DREAM THAT AND IT'S OUT YEAR.
    truth of the matter is this stuff is starting to catch up to everyone and the only way to suppress is to take her private they lost the ihub board but not the google board.
    Now if you all would just stay there and leave us REAL investors ALONE it would be much appreciated I am sure on both ends!!

    NIGHTY NITE!!!!!

    Sentiment: Strong Sell

  • NEW YORK, Feb. 19, 2015 /PRNewswire/ -- James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act and chair of the Hughes Hubbard and Reed Corporate Reorganization and Bankruptcy Group, today received Bankruptcy Court approval to initiate the second interim distribution to unsecured general creditors with allowed claims. In January 2015, the Trustee allocated approximately $2.2 billion for allowed unsecured general creditor claims.

    "We are moving ahead with our second multi-billion distribution to unsecured general creditors as we continue winding down the LBI estate," Giddens said. "We will work toward additional distributions while maintaining appropriate reserves and protecting claimants' interests and due process rights."

    The Trustee has distributed more than $3.7 billion to LBI's creditors since July 2014. With a second interim distribution of $2.2 billion, unsecured general creditors will achieve an approximately 27 percent payout on allowed claims. Distributions are expected to begin the second week of March, pending final Court orders. Claimants include former employees, pension funds, institutions, banks, and Lehman affiliates.

    In total, customers have received more than $106 billion, fully satisfying the 111,000 customer claims. Secured, priority, and administrative creditors have also received 100 percent distributions. Together, the customer and general creditor distributions represent the largest distributions across the worldwide Lehman insolvency proceedings. The Trustee's principal focus is now to resolve remaining claims and make further general creditor distributions in order to close the estate as promptly as possible.

    Sentiment: Strong Sell

  • Reply to

    Up 12 cents in AH?? Some kind of news coming??

    by knfcgs Feb 11, 2015 4:48 PM
    guster0 guster0 Feb 11, 2015 5:06 PM Flag

    GREECE IS THE WORD IS THE WORD IS THE WORD...LOL
    Some kind of settlement was announced and this think took off. Some hedge bought 12 million shares at 16.30 around 195 million worth of stock We should rocket tomorrow. Why Greece though?????

  • Judge tosses much of Prudential mortgage lawsuit against BofA

    By Jonathan Stempel

    Fri Feb 6, 2015 11:54am EST



    Feb 6 (Reuters) - A federal judge has thrown out much of Prudential Financial Inc's lawsuit accusing Bank of America Corp of defrauding it before the financial crisis into buying more than $1.9 billion of residential mortgage-backed securities that later soured.

    In a decision on Thursday, U.S. District Judge Stanley Chesler in Newark, New Jersey, said Prudential did not show that Bank of America and its Merrill Lynch unit lied to rating agencies about the quality of loans backing its securities.

    He also said Prudential could not rely on "after-the-fact" computer analysis to show the defendants knew when arranging the 54 securitizations at issue from 2004 to 2007 that property appraisals were being systematically inflated.




    Chesler, who previously dismissed Prudential's racketeering claim, threw out most of the Newark-based insurer's remaining claims with prejudice.

    He said Prudential may resubmit one claim involving 21 securitizations where the defendants acted as underwriters, not sponsors or issuers. The judge did not rule on Prudential's "equitable fraud" claim.

    Prudential spokesman Scot Hoffman and Bank of America spokesman Lawrence Grayson declined to comment.

    The lawsuit said Bank of America's "wide-ranging fraud" left Prudential stuck with securities backed by "countless" home loans that went into default or foreclosure, or lacked proper title.

    Prudential said 51.8 percent of the 20,906 home loans it examined had at least one material defect.

    Bank of Americ

    Sentiment: Strong Buy

  • guster0 guster0 Feb 6, 2015 12:00 PM Flag

    interest rates up bac to 19 and beyond interest rates down and we visit 15 again and again and again.
    Why the need to clobber this POS back to 14.97 in 3 weeks from 52 week high is what I want to know.

    Sentiment: Strong Buy

  • Reply to

    BAC Merril/Lynch Settlement

    by havestd Feb 5, 2015 9:33 AM
    guster0 guster0 Feb 5, 2015 1:08 PM Flag

    BAC now under govt. "control" and PPS is same-same. It has become a day traded Stock. Sad, but seemingly a seriously flawed system has allowed this

    Very sad in deed the czar will now take over and fix all your ills.
    Sit back relax the guvment will take care of it!

  • Reply to

    And now for the $64K question

    by highlowsel Feb 5, 2015 11:16 AM
    guster0 guster0 Feb 5, 2015 11:40 AM Flag

    I say it will stay below 16 at close. See if the good folks step in and sell millions in the last 15 min.
    Sure they can find something to make it drop.

  • guster0 guster0 Feb 5, 2015 10:45 AM Flag

    Glad to see more thinking along the lines you bring up. O is Robin Hood FnF all profits given to guvment. Guvment sued close to 200 billion from banks and won't stop.
    He can continue his spending spree as long as the banks produce the cash to pay for it and raise your taxes.
    Now is the time to change these illegal tactics. Way out of control.

  • Sorry fellers!!!
    Re: stocksnoway Post# 53169
    Or so the formerly bankrupt former bank’s trustee, who has collected more than $90 billion for Lehman creditors over the past six years and in so doing confirmed all of #$%$ Fuld’s suspicions that he got royally screwed, hopes. The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s investment-banking operation…. Although Lehman is out of bankruptcy protection, its case is far from over and will likely continue for years as a bankruptcy team continues to liquidate Lehman’s assets. Lehman said the wind-down of the business “may extend beyond 2018.”

    Investing MINDEN, NV 2/2/2015 by Dealbreaker

    Sentiment: Strong Sell

  • guster0 guster0 Feb 3, 2015 4:00 PM Flag

    Rakoff sucked me dry on my other bank for billions. He knows how to screw with equity very well. Him and O I am sure make a great team. Line up for free health care and college the Stock guys will pay for it!
    Geez can this guy leave fast enough :O

    Sentiment: Strong Buy

  • guster0 guster0 Feb 3, 2015 3:43 PM Flag

    You know what started this whole downdraft was Assured not we get a 2 day swing and this ShiP starts again. I am glad to hear bac is going to stand thier ground and fight. I hope it takes 20 years.
    Robbing the equity holders again!

    Sentiment: Strong Buy

  • guster0 guster0 Feb 1, 2015 2:46 PM Flag

    best post ever!
    These newbies with Joe stocks are doing a fantastic job explaining how this BK really works.
    Good job and hope to read more and more of the truth!
    Joe Stocks and newbie for prez!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Sentiment: Strong Sell

  • Ya all have fun figuring out how use going to come up with 222 billion from 43 billion and if you do I hear Harvard is looking for a few math professors.

    NOW TO JAIL YOU ALL AND ALL A GOOD NIGHT!

    Sentiment: Strong Sell

  • Will it be divies for ever and FV plus billions cause 2015 is our year?
    Moona to the soona I crash my rocket so I don't work FV + divies?
    My drunkin neighbor came over puked on my computer and as he passed out said Sweet home Alabama
    and FV + divies or will it be the OBS IS GOLDEN guy die from oxygen starvation the the brain?
    Or that little darlin that comes around and tells us FV + divies next week will finally awake from her coma long enough to realize she crashed her sport car and was brain dead? No it could be the guy in TX cause he delivers flowers and smoked too much of his crop and decided to take on the BK all by himself. #$%$ I would run and hide from that one.

    ALL of you numskulls should be put in jail!
    But that is IMHO!

    Sentiment: Strong Sell

  • stocksnoway Saturday, 01/31/15 11:44:19 AM
    Re: Jimzin post# 53026
    Post # of 53037

    If I ran a business and I had written 266,243 billion in checks and only had 43 billion in cash. Did you REALLY have to ask if this is a good thing?
    Man I am glad I don't work for anyone like THAT!

    LOL

    This is reason I would like to sell my portion of my OBS. This is a liquidated worthless company (to equity holders anyway) and will never EVER recover a dime when you are 222 billion in debt... FORGET ABOUT IT.
    Oh and one other thing...

    OBS IS N O T GOLDEN and we won.t get FV + divies not Friday next week next month or next year or the years afterwards. Not even the astronaut will be able to crash his ship in the moon to save this one.

    Anyone figure out a way to get my OBS shares I will sell them ASAP.

    Sentiment: Strong Sell

  • guster0 guster0 Jan 30, 2015 5:13 PM Flag

    Been here for 12 months and this is at or just below my starting price. Too many negatives and the biggest one is the promised rate increase that I just don't see happening anytime in the short term future. More legal problems keep bubbling to the surface and this whole market feels wrong.
    I doubt with more downward pressure I will remain here any longer. Heck as bloody as oil is at least it doesn't have the Guvment hanging over it suing over and over again and adding endless regulations to stop any chance of it ever being profitable. They call it TBTF.
    Lots of Guvment folk want these banks castrated and they are doing a fine job and by not giving rate relief they are castrating with a rusty knife.
    Good luck and I hope we get green soon!

    Sentiment: Sell

  • guster0 guster0 Jan 30, 2015 4:23 PM Flag

    Looking at the VIX i see a bloody start to Monday. Any negative news over the weekend and oh man look out.
    You bought some of my panic selling.
    I want to see what next week brings. I bet more blood and guts to be spilled before this is over and we still have those oil companies to report and that is going to be blood and guts and like always BAC follows the trend.

    Sentiment: Sell

FBC
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