UPDATE ~ and the UPCOMING Quarterly filings of the WMILT and WMIH will subtantiate!
...discussion in RED.
...emphasis in BLUE.
vodkadejour Friday, 10/21/16 07:18:17 PM Re: bkshadow post# 465705 Post # 465719 of 465746 Go
Ok, I have reread, and I still have so many questions.
1. What is a concluding question? My post you are responding to does not talk about concluding questions.
THE POST REFERRED TO "CONCLUDING DOCUMENTS."
THE 7TH AMENDED CONFIRMED PLAN IS FROM THE US COURT OF BANKRUPTCY, DELAWARE RE: WMI/WMIIC. EMBEDDED THEREIN WAS THE GLOBAL SETTLEMENT AGREEMENT. EACH SUBJECT TO INCLUSION IN THE DISCLOSURE STATEMENT FOR THE 7TH AMENDED PLAN. FURTHER WERE EQUITY SUPPORT FILINGS, ONE FROM THE COMMITTEE AND ONE FROM THE CHAIRMAN. FINALLY, THERE WERE THE BALLOTS, INSTRUCTIONS AND TABULATIONS OF SUCH OF SHAREHOLDERS INCLUDING THOSE THAT READ ALL OF THE ABOVE (WARNING AND CAUTIONS) AND APPROVED AND RELEASED.
THESE CONCLUDING DOCUMENTS ARE REAL, UNREDACTED FACTS AND REALITIES.
2. What does this mean, "...alternately, asserted theories are foundation and 'core based that such are fraudulent"?
THE MEANING OF THIS, PARSED, IS THAT EVERY THEORY FOR THE FANTASY RECOVERIES OF BILLIONS, TENS OF BILLIONS, HUNDREDS OF BILLIONS, ETC. IS FOUNDED ON THE REAL WORLD CONSEQUENCE THAT THE CONCLUDING DOCUMENT EXCLUDE SUCH AMOUNTS, FROM THE IN CHAMBERS SECRET SEALED DOCUMENTS TO THE SECRET MEDIATED DEAL, BY ALL PARTIES IN INTERESTAND AS SUCH THE CONCLUDING DOCUMENTS FRAUDULENTLY WERE PREPARED, FILED AND USED FOR THE PLAN CONFIRMATION PURPOSES.
FURTHER, IT IS 'CORE BASED THAT THE WMILT IS "IN ON IT" BY FRAUDULENTLY HIDING THE FANTASY AMOUNTS IN WMIIC AND SECRETLY BEING MANAGED BY ALVAREZ AND MARSAL. AGAIN, ALL OF THE SEC FILINGS ARE FRAUDULENT THEREFOR BY OMISSION.
FURTHER, IT IS 'CORE BASED THAT WMIH, THE REORGANIZED DEBTOR, IS "IN ON IT" BY ALSO SUCH AND FURTHER BY DISSOLVING WMIIC, ITS' SUBSIDIARY SHELL FRAUDULENTLY REPORTED WITH NO ASSETS OR LIABLILITIES, AUDITED, SEC FILED, SECRETLY EITHER HAS THE FANTASY ASSETS OR SOON TO ISSUE IT'S AUTHORIZED SHARED TO BUY SUCH.
THESE SPECIFIC FANTASY ASSETS, IN MOST CASES, ARE THE MORTGAGE BACKED SECURITIES SOLD BY WMB AND SUBSIDIARY YEAR AND YEAR BEFORE SEIZURE, TO SECURITIZED TRUSTS AND CORPORATIONS THAT ARE OWNED BY THE INVESTORS THAT BOUGHT THEM, HAVE RECEIVED PAYMENTS FROM THE TRUSTEE WHO RECEIVED PAYMENTS FROM THE SERVICER FOR YEARS AND YEARS AND YEARS.
THESE ALTERNATE RECOVERY THEORIES NO LONGER EVEN RISE TO THE LEVEL OF FANTASY.
3. Right, you never said nothing was coming to escrows, but you said nearly nothing is coming essentially. 1% of par is not worth acknowledging.
WELL, I'VE POSTED DOZENS OF TIMES THE RECOVERY ESTIMATES FOR ESCROWS BASED ON THE WMILT FINANCIAL DISCLOSURES AND THE ESCROW INTEREST POPULATION; UNDER TWO SCENARIOS.
AGAIN, DOZENS OF TIMES.
1% OF PAR ON THE "P" PREFERRED STOCK IS $10; MY ESTIMATE DID NOT REACH THAT HIGH WHEN YOU TAKE A LOOK. IF THE RECOVERY APPROACHES $10 FOR SUCH GREAT.
HOWEVER, IT IS NOT 'COMING FROM ANY OF THE SOURCES PER THE ALTERNATE TO THE CONCLUDING DOCUMENT THEORIES.
SUCH WILL COME FROM SOURCES DISCLOSED BY THE WMILT.
4. I wasn't saying your statements about minimal coming back is irresponsible, I was making it clear that it would be irresponsible not to pursue possibilities.
I SO AGREE.
SO, LET ME ASK.
WHO DO YOU SEE PURSUING SUCH POSSIBILITIES? ANSWER - NO ONE.
WHERE IS THE ACTION? ANSWER - NOWHERE.
WHAT COURT? ANSWER - NONE.
WHAT JURISDICTION? ANSWER - NONE.
WHO ARE THE PARTIES TO THE ACTION? ANSWER - NONE.
5. "IMO" you post. Exactly. But for argument sake, let's say it's 99/1 your favor. That's still worth pursuing. IMO
I DO NOT CONSIDER THEORIZING "PURSUING."
"PURSUING" MEANS ACTIONS, IT EXCLUDES WORDS, ESPECIALLY WORDS NOT SUBMITTED TO THE APPROPRIATE US COURT OF BANKRUPTCY IN DELAWARE OR TO THE WMI LIQUIDATING TRUST.
