~ AT, I Will Help If I Can ~
However, ... Honestly, I am not here' all of the time ... Truth be told, I truly thought that yesterday's presentation of the FDIC's WMB Balance Sheet break down of the $2.7 Billion showing, associated with the HAFA limitations imposed on JPMC's attempts, by the FDIC-Corporate' ... would have opened up an interesting conversation, from irritated JPMC participants ... but ? ... No big deal now' ... Chase has now Settled for $645 million, ... a far cry fom the original numbers ... anyhew, ... back to you' and your questions, ...
AZ, again, thank you for everything. Thank you! -
Yes, You Are Quite Welcome, Glad to be in a position to help you guys ...
1. What is the difference between WaMu, WMIIC, WMB and WMI, which one of those three was the original Washington Mutual Bank, and what do the letters in each abbreviation actually stand for?
WaMu is an advertising moniker only, ... which needed to be defined as to which entity was being referred to, in each and every relevant filing ... as submitted ?, this was generally meant to confuse ...
WMIIC is Washington Mutual Inc. Investment Corp, the actual First Filer for Bankruptcy Protection on 09/26/008' @ 10:15pm, One minute ahead of the WMI filing ... as well as a subsidiary of the parent corp., Washington Mutual, Inc. ...
WMB stands for the bank, ... Washington Mutual Bank ...
WMI stands for the parent corp, ... Washington Mutual, Inc. ...
2. What is an ABS, and an ABS Cert Trust?
An Asset Backed Secuity is an individual financial mechanism product , which packages like kind debt, ... able to produce interest income returns to the Investors choosing to participate ...
3.what is nunc-pro-tunc? (See that all the time).
That is a legal term, utilized to refer to a back dating of an approved request to the court, submitted after the original date of consideration ...
4. What is a REIT? A preferred series? A trust producing security?
REIT, ... Stands for, ... Real Estate Investment Trust, ... In our case, the REIT Series were originally a WMB issue, ... which converted at the "exchange event" (@ 8:00am on 09/26/2008) to a WMI Preferred Security ... which has caused much anger ... then ? ... and now' ...
5. How is it possible (and I ask this as respectfully as you can possibly imagine) is it possible to have this incredibly extensive understanding of Financial and legal matters, and still get so many dates, and predictions and expectations off? What is throwing the constant curveball?
My answer, may sound a bit self serving ... So humbly I will respond with, ... I am pretty good at understanding our legal system, litigated law, finance, investing, legal contract disection and sequencing, and I can usually quickly spot, legal language purposely used to be ambiguous ... however, ... we have been dealing with, the absolute top of the legal food chain, ... Yes, I missed the "Stay Order" placed by Judge Collyer, ... however, ... I can honestly say that I have done my level best to help the people ... NO MORE of the nonsense as was presented in the first quarter of 2012'
AZ
