Ambac Rocky Balboa oder chapter 11

Was AMBAC aber daraus machen kann ist eine verbesserte Betrugsklage gegen die Banken. Jeder dieser Pfandbriefe die einen dieser Schadensersatzzahlungen der Banken nun erhält, stellt ja ein Eingeständnis deren eigener Bankenschuld da.  

http://ambacpolicyholders.com/storage/...%20IRS%20Appeal%204-7-11.pdf

Die OCI hat genau dargestellt das die IRS kein Recht für das Einreichen einer Klage gegen die Sanierung durch die OCI hat.

Ich seht im Bild den Ausschnitt der das genau beschreibt.  

OCI  hat  die ganze Problematik mit IRS richtig gut, fundemental und sachlich argumentiert.

Seite 13 -18 auch sehr interessant.

Dort steht; " IRS argumentation ist laut Wiscon sta. §752.35 wertlos!

Ich hoffe, IRSs Klage wird vom Wisconsin Reha. Gericht abgelehnt!

 

 

 

......ist "OCI"?  

The Office of the Commissioner of Insurance (OCI)

oci =

http://oci.wi.gov/

The

Office of the Commissioner of Insurance (OCI)

was  created by the legislature in 1871. The original intent of the  OCI</abbr> has not changed drastically over the past 125 years. In  1871, OCI</abbr>

 

was vested with broad powers to ensure that the insurance industry

 

responsibly and adequately met the insurance needs of Wisconsin

 

citizens. Today, OCI's</abbr> mission is to lead the way in  informing and protecting the public and responding to its insurance  needs.

 

OCI</abbr> performs a variety of tasks to protect insurance  consumers and ensure a competitive insurance environment.  OCI's</abbr> major functions include:

 

• Reviewing insurance policies that are sold in Wisconsin to make sure they meet the requirements set forth in Wisconsin law;
• Conducting examinations of domestic and foreign insurers to ensure compliance with Wisconsin laws and rules;
• Monitoring the financial solvency of licensed companies to make
  sure that consumers have the insurance coverage they expect when they
  need it;
• Issuing licenses to the various parties involved in selling and marketing insurance products;
  
  Assisting insurance consumers with their insurance problems;
• Researching special insurance issues to understand and assess their impact on Wisconsin;
• Providing technical assistance on legislation and promulgating administrative rules to interpret insurance laws;
• Creating and distributing public information and consumer education pieces to educate people about insurance; and
• Operating a state life insurance fund, a property fund for the
  property owned by local units of government, and a patients compensation
  fund insuring health care providers for medical malpractice.

 

....scheint ja nicht unbedingt ein "Dahergelaufener" zu sein.........

Denn ich hätte mir eigentlich nach der OCI-Äusserung etwas mehr Handel erhofft.......  

da geht es immer hin und her was irs und oci angeht. es sind beides staatliche behörden mit unterschidlichen meinungen.

steht aber alles in aktienbase.....schau dir einfach die 20 seiten durch dann bist du ambac-profi!

wamu ist tot! lang lebe ambac!

 

 

http://www.propertycasualty360.com/2011/04/08/...hdraws-ambac-ratings

 

 

http://ambacpolicyholders.com/storage/...e%20Wisconsin%2000574832.PDF

http://ambacpolicyholders.com/court-filings/

 

http://www.reuters.com/article/2011/04/08/...al-idUSL3E7F82ST20110408

http://www.reuters.com/article/2011/04/08/...st-idUSL3E7F81PQ20110408

 

Bank of America Asks Court to Throw Out Mortgage Modification Litigation

http://www.bloomberg.com/news/2011-04-07/...s-program.html?cmpid=yhoo

 

....nee WAMU ist nicht TOT.....

Ich frage mich aber allen ernstes, ob über z.B. den Trusttree (durch den Trusttree gibt es ein EC bei WAMU) so viel Interesse bestehen könnte, die Wahrheit betreffend Ambac aufdecken zu wollen.........nun gut, bei Wamu gestaltet sich das nicht so einfach......aber noch ist das EC/Susman nicht am Ende........

Thesen die ich zu Ambac gelesen habe: "Evtl. Hirngespinnste"
USA finanziell am Ende, IRS will trotzdem den Reorg-Plan verhindern!
Glauben die (IRS) so besser an "Ihr" Geld (700 Mio) kommen zu können?
Kann es sein das IRS so den Schuldner-Banken helfen will, damit die Ihre Schulden bei Ambac nicht mehr bezahlen müssen?

Ich weiß nicht ich weiß nicht........  

daher sollte theoretisch genug geld vorhanden sein (je nach zahlungsvereinbarung/ zeitraum der zahlungen) um die irs ruhig zu stellen falls es ernst wird. am 21 april ist eine gerichtsverhandlung bei dr hoffentlich der richter entscheidet.

bei wamu bin ich mir einfach nicht mehr sicher......muss jeder selber wissen.

 

.....verkauft?

Ich dachte das wurde wegen der "Erdbeben-Zunami-Atom-Katastrophe" auf Anfang Mai verschoben....  

http://www.reuters.com/article/2011/04/11/...ng-idUSL3E7FB0HP20110411

 

Korean lender A&P Financial gains right to buy Takefuji

 

....folgendem Schreiben vernommen habe, soll einem koreanischem Unternehmen so eine Art Vorkaufsrecht bzw. Bevorzugung eingeräumt werden......

TOKYO (Kyodo) -- The court-appointed administrator of ailing consumer lender Takefuji Corp. said Monday it has decided to give South Korea's A&P Financial Co. preferential negotiating rights in becoming the sponsor for its rehabilitation.

The South Korean consumer lender will be formally designated as the sponsor around the end of April after gaining approval from the Tokyo District Court.

Quelle:
http://mdn.mainichi.jp/mdnnews/business/news/...p2g00m0bu084000c.html

Interpretation falsch?
Und es ist nichts daraus nicht ersichtlich warum/wieso die Sache so lange dauert, da ja wohl einige Gebote abgegeben worden sind..........

Na ja, wir werden sehen......  

....ich entnehme daraus das bisher noch nix verkauft wurde, entgegen deinem Posting "5339".........

.....na ja, da überschlagen sich wohl die offiziellen Pressemitteilungen......

.....für die einen ist längst alles "unter Dach und Fach" und für die anderen steckt noch alles "in den Kinderschuhen".....

Also, wie immer "WARTEN".........sind zumindest dier alten "Wamulaner" ja gewohnt....:-)

Gruß  

zumindest hat das gericht in japan zugestimmt dass die koreaner das ruder übernehmen dürfen....der rest sollte glatt über die bühne gehen. jeder bieter musste einen plan vor gericht präsntieren wie er wieder in die grünen zahlen kommen möchte. die koraner haben gewonnen! da kommen bestimmt noch ein paar meldungen.

 

http://www.takefuji.co.jp/corp_e/nwrs/detail/et110411.pdf

 

UPDATE 2-Korean lender A&P Financial gains right to buy Takefuji
By Junko Fujita
TOKYO, April 11 (Reuters) - Korean consumer lender A&P  Financial has won the right to buy failed Japanese consumer lender  Takefuji Corp, beating out rivals including Cerberus and TPG Capital.
Seoul-based A&P Financial will start negotiations with Takefuji's  court-appointed trustee to buy Takefuji, and both parties aim to reach  an agreement by the end of this month, Takefuji said on Monday in a  statement on its website.
Takefuji has been looking for an investor to keep it in business after  failing in September with about $5 billion in debts, crippled by a 2006  legal ruling forcing it and other consumer lenders to repay past  interest and setting a new cap on lending rates.
A&P Financial was chosen out of field of bidders that included Cerberus Capital Management, TPG and Japan's J Trust, according to sources.
J Trust, a Japanese financial services company, dropped out of the race  on Friday, saying it was not certain that the bidding would be handled  in a fair and transparent manner.
Another bidder, Tokyo Star Bank, did not submit its bid on the closing day for the final bid on March 31, sources told Reuters.
J Trust also cited a lack of confidentiality in the process as another  reason for its withdrawal. But the company on Friday disclosed its  bidding price of 31 billion yen ($366 million) and its plans which  included taking on 700 employees.
'Disclosing their bid and offer is very unusual and J Trust's offer  price shows how serious J Trust was,' said a person involved in the  bidding process, adding that J Trust's offer price was higher than  others'.
Bidders were requested to present the price based on future Takefuji  assets estimated for September this year, sources told Reuters on  Monday.
Takefuji's outstanding loans stood around 75 billion yen as of last  October, Takefuji's trustee told reporters in March. The trustee was not  immediately available for comment on Monday.
OVERCHARGED INTEREST REPAYMENTS
A Korean newspaper had reported in January that the sale was worth  between 800 billion won (62.5 billion yen) and 1 trillion won. A&P in a statement on Monday declined to disclose its bidding price but said it was lower than 800 billion won.
The money to be injected by A&P Financial is expected to be used to  rebuild Takefuji's lending business. It will also likely be spent on  repaying overcharged interest to customers, though the amount to be  shouldered by investors is not yet clear.
At the time of Takefuji's bankruptcy filing, Eiichi Obata, the  court-appointed trustee, had estimated Takefuji could face up to 2  trillion yen in claims from borrowers for the return of overcharged  interest.
Rebuilding Takefuji presents a tough task due to the cap on lending  rates and the burden of repaying overcharged interest, which has  darkened the outlook for the overall consumer lending industry. However,  some sources have said much of Takefuji's debt and overcharged interest  repayments would likely be forgiven in the rehabilitation process.
Takefuji struggled to raise money while it was still in business because  it did not have backing from Japanese banks. By contrast, rivals Acom  Co and Promise Co are backed by major banks Mitsubishi UFJ Financial  Group and Sumitomo Mitsui Financial Group, respectively.
But Acom and Promise are also facing tough times. In March, Moody's Investors Service, citing the potential impact of interest repayments on earnings, cut Promise's credit  rating to B1 from Ba1, both of which are non-investment grades. It cut  Acom to Ba3, a non-investment grade, from Baa3, one notch above the  non-investment level.
Takefuji's outstanding corporate bonds total about 89 billion yen, of  which 59 billion yen worth is denominated in U.S. dollars and euros,  Obata told reporters in March, adding that Takefuji did not have bank  borrowings. ($1 = 84.720 Japanese Yen)

 

Hallo, guter Fund..... :-)

"A&P in a statement on Monday declined to disclose its bidding price but said it was lower than 800 billion won."

Fragen:
Hast Du schon mal was von anderen ggf. höhern Geboten gehört?

Könnte das Taktik sein, nicht zu viel von sich bzw. seiner Strategie "preiszugeben"?

Würde die Summe reichen, um "IRS" zufrieden zu stellen, damit die Typen keine Möglichkeit mehr haben rumzumotzen und ggf. den Fall weiter in die Länge zu ziehen, denn ansonsten macht Ambac (AAC) ja von Quartal zu Quartal Gewinne, sofern ich das richtig gelesen habe.....

Gruß  

schau mal bei aktienbase memo! da ist der info-fluss besser!

 

 

http://www.world-of-stocks.com/rt_data/abk