The only part you left out was how everyone had a fun and successful raid (even with Dread in the party) and no one freaked out about loot* cuz they all knew they would run it again later in the week and have another chance at the same loot.Ah fun times.
For those that want to know "UP FRONT" what every party member is doing with their loot (or judge entire guilds based on what one member does), here is a very typical story for you, of what a very typical Abbot that I would form up would look like.
Name <Guild>: opinion on raid loot
Ash <sabbat>: I'm going to ask in guild chat first, then offer to the others if no one in guild wants
Nem <sabbat>: I'm going to immediately offer to put it up for roll for everyone in group, even if its loot I should probably be taking for myself
Soh <sabbat>: I am going to pass it to a non-guildie that just happens to be my husband because, well, he is my husband
Cer <puppykickers>: I am going to loot everything I pull because this toon just got flagged and needs it all
Treak <sabbat>: I am going to give whatever I pull to Samadhi because he's not using his mic which means he's probably hungover and needs a pick-me-up and he did just hook me up with ninja'd loot earlier today
Chester <sabbat>: I'm going to loot this caster item on my monk because I didn't realize it was bound
Dread <sabbat>: I never pull raid loot except on 20ths so I don't need a policy; and I hate you chester
Docta <sabbat>: Litany goes to guildie casters first, then non-guildie casters, then non-caster guildies, then non-caster nonguildies. Ring goes to guildie melees first, then non-guildie melees, then guildie non-melees, then non-guildie melees. Embers goes to....
Divs <GRR>: I know pretty much everyone in group so I'm just going to put it up for roll; if there were more puggers around though I would spend an hour in a chat channel figuring out who to give it to
Lor <GRR>: I know pretty much everyone in group and even everyone's gear set ups so I'm just going to ninja it to whomever I think needs it most
RandomDude <no guild tag>: [completely unresponsive to voice and typed chat; no idea if he even understands what a puzzle assignment is, let alone have we been able to determine what he is going to do with loot]
Samadhi <sabbat>: So Litany I had a d2 rolled earlier to give it one of the two guildies on a caster/cleric. The ring is getting ninja'd right to Dread because he has horrible loot luck and I know he needs it. RandomDude looks like a ranger using a bow so I'll probably ninja him bow/quiver. Noxious Embers I will hold on to for a second to see if anyone pulls gloves and wants to trade; if not put up for roll for everyone. Gloves I loot. All other loot will be randomly ninja'd to whatever name pops up about 1/3 of the way down the list (i.e. will randomly be ninja'd to someone in the group with no concern with for whom / to whom) with such speed they will probably think they pulled it themselves.
So the moral of the story.... if you want to spend half your life discussing loot policies - I'm not here to judge you. Personally, though, I have better things to do. You know what the easiest and most democratic system is? Your loot, your decision, I'll keep grinding for 20ths and keeping my stress levels low in the meantime. Peace.
*except RandomDude who was so happy to get the quiver he almost peed himself.