Saturday, December 27, 2008

DT Sends $1.217 Dividend

More settlements on the way.

NOW is the time to continue to press for more information and disclosure

26 comments:

  1. Happy New Year everyone. Enjoy.
    Activinvestor your still an asshole.

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  2. Anyone who asks a reasonable question in an a**hole. Licka says so..

    we are all grateful for the divvy, but the details re: any new settlements are more important. If they settled with Citi for pennies on the dollar, then it doesn't bode so well. Why can't these guys just give us the facts and we wouldn't need all the b.s.?

    Licka, ya wanna take a swipe at it?

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  3. All-

    Active is probably the reason why we got this money.

    We should look into why they only decided to pay it when the heat was on.

    Also Active is probably in in it to since all of a sudden all the other stuff comes down.

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  4. Active is A SCUM BAG

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  5. If you attended the meeting and followed the history of DTC's plight you would understand the reasoning behind not being so forthcoming with information. Any information can assumably be used against us. Also keep in mind as stated at the meeting many if not all settlements are to be confidential.

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  6. The details of settlements have been confidential- in varying degrees- but the fact that a particular bank has settled, has always been announced. The degrees to which any settlement is agreed to at a "discount" is pertinent to shareholder value as it relates to the outstanding lawsuits. Conversely, turning down a settlement should also be a matter of shareholder input. Just some thoughts of the day...

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  7. I'm out of town and have not seen my div check. What was the price per share paid? is a $1.21 correct?
    Thanks

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  8. It's much higher... but let's not post the exact number here.

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  9. thanks. I guess I'll have to wait til I get home. Higher is better!

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  10. 1,217 is the number. To the idiot who said it was more-Licka my sticka u dicka

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  11. it was $1.217. that must have been posted by some brit... do we have any brittish shareholders?

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  12. Higher... lower... who cares? I just wanted to know how much.

    Thanks,

    The Idiot Brit

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  13. thanks again. I'm happy with 1.217. looking forward to seeing when i get home. yee ha!

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  14. got my dividend check...my new question is Now what?

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  15. Now I bet they hope we shut up, while they sweep things under the rug.

    Funny how this blog gets started, we start clamoring for our share and then it gets paid.

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  16. Oh Yeah- it was this blog that got you paid. Maybe you and the "outsider" running this blog can go celebrate together over the holidays! After all wasn't he suggesting the settlement money was stolen by Marc Dreier. I smell more than one rat here and it disgusts me if any of you naysaying slanderers are REAL shareholders!

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  17. Nobody ever said NAY- they just distrust this managment. SO YEA on the company and NAY on the managment. And it is ironic that you use the word "slander" since there was nothing i ever read that was not true OR qualified in some way. So you are a slanderer by caling people slanders. Back it up, site specifics! Even the drier posting was questioning the relationships and how there could be exposure for DT and there still maybe, we dont know what he is telling the feds right now. He just rolled on one guy today.

    ALL of Dreier's and Madoff's clients, associates etc are all being scrutinized and questioned. And you have a problem with this? Why?

    Should we just blindly trust the DT management?

    NOT blindly trusting requires that we look at the backgrounds of these guys, their associations etc.

    Remember, blind trust is what led people to get ripped off by these a-holes, madoff and dreier. I will be damned if I let it happen to me!

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  18. Good points -

    Scrutiny IS Finance. Here is an article in todays news that is right on point.

    http://seekingalpha.com/article/112568-lessons-from-the-madoff-scandal-deciding-which-funds-are-worth-an-investment

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  19. I wonder how many people on this blog work PR for the banks in litigation.

    Also, I find it hilarious that up until recently the debate was over whether the dividend would be paid and the corresponding price/share. Everyone bad mouthing eachother because they felt their opinion usurped all others. Now the dividend HAS been paid and you whiners won't shut up, talking about how DT is trying to, "sweep things under the rug." Why, because the dividend was paid on time, exactly when they said it would be dispersed? GET OVER IT, IT'S NOT A PUBLIC COMPANY, THEY DON'T HAVE TO DISCLOSE FINANCIALS.

    It's hard to imagine that grown men are making these childlike accusations about DT mismanagement. But, then again, I don't think those posting unfounded comments on this blog are actually shareholders.

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  20. Madoff and Dreir were not public either! And Delaware corporate law requires disclosure to shareholders. SEC rules can require disclousre where there is a substantial public interest.

    http://delcode.delaware.gov/title8/c001/index.shtml#P-1_0
    CHAPTER 1. GENERAL CORPORATION LAW

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  21. Its funny that you would cite the Dividend that DT paid as evidence as to why we should not ask question, scruitinize and audit.

    MADOFF paid DIVIDEND/RETURNS every year. And that's EXACTLY how he was able to fool people.

    I am truly amazed at the stupidity of your arguments.

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  22. I have been watching this Blog since inception and I will say that my interests lie on the Banks side (thats as deep as ill go).

    The Banks have DT's financials as part of discovery and DT is more than happy to tell other banks how much they settled for.

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  23. SHUT UP STUPID!!!!!!!!!!!

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  24. I am an italian investor, how can I have real news about dt ?

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  25. the class is not water, what a class !!!!

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