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~ You’re Going To Be Disappointed ~
... Keep your focus on the newco, WMIH-Corp’, ... it’s going to show you the way’, ... it’s always been about the massive values originally held within and produced by the Performing Trusts, ...
(Any LT leftovers ?, as shown in its QSR’s ?, are irrelevant to me) ... I’m here for the big money, just like the hedge funds, private equity, and the institutional investors ...
AZ
~ No One Gets To Choose’ & Wishful Thinking Doesn’t Count’ ~
... No one can choose anything aligned with what they want to happen or what they want to receive’, at this point in time’, ...
... Each Original WMI or WMB Class’, ... will get to experience what Each Class Support has produced over time ... whether being
WMB Tranche 5 Class 17
WMI Tranche 6 Class 19 (P’s being perpetual, K’s being redeemable)
or,
WMI Tranche 6 Class 22 (Common Shareholders always Own the company)
Sorry guys but once again, there is no 75% / 25% to the end’, ... only a RE-Distribution of the LT’s leftovers, is all that apply’s to’, ...
AZ
~ Guys, Maybe This Will Be Helpful ~
Bankruptcy Remote’, Continuous “Cash” Producing Assets, as well as their already produced “Cash” ... or, ABS-Certs placed into Packaged Performing “Trusts”, ... Are’ Just That, They Are Bankruptcy Remote’ ...
... One can not simply jump into and out of, Bankruptcy Remote’ financially positive positions, at ones will ... separated values and asset producing values participated in by a filer, any filer’, are either BK Remote ?, or They are not ... WMI’s percentage of participation in Performing Trusts was able to be kept WMI Bankruptcy Remote ...
The Asset Producing Mechanisms and the Production of the Performing Trusts were able to be kept Remote’, from the specified WMI BK’s, ... In Doing So, Also making them a non consideration for the WMI-LT’s specifically listed abilities ... ”other than”, ... the management of WMI’s percentage of monthly returning participation in them ... initially managed within WMIIC’, then upon the Filings, managed by A&M ... Court Allowed, ... nunc-pro-tunc, back to 10/02/2008 ...
Now consider all of the Class releases, ...
“Everyone”, was given an opportunity to submit their documentation in order to be able to “Participate”, in the Approved WMI Plan 7’ ... Specifically WMI’s Reorganization, now into WMIH-Corp ...
The WMB Noteholders had their releases brought forward from Plan 6’, Specifically Because the D.C. Dual Tracking Litigation was going to continue beyond the WMI Plan 7 Implementation Date ...
So, what is the relevant connection ... ? ...
... in both instances, ... neither the FDIC-C or the FDIC-R as “Entities”, ... Have Yet To Be Released’, ...
In the case of the WMI Tranche 6 Class 19 and Class 22’ Plan 7 Reorganization ?, Because the FDIC has yet to fulfill its original GSA Agreements To WMI ... (Filing # 5885)
In the case of the WMB Tranche 5 Class 17 Noteholders ad-hoc Settling Steering Committee Settlement also now completed ?, Because the WMB Class 17’ claims still show on the FDIC’s balance sheet, and their releases are not yet realized until the distributions are made as well ...
... WMIH-Corp, NSM, KKR, Individual and Numerous Institutions alike, ... All Know the Score’, ... with both of the litigation processes now completed as of 12/31/2017’, ... We’, ... are able to move forward ...
AZ
~ Thanks John, I've Always been a "Fan" ~
... humorously, I just told a mutual friend over the phone that lately, I feel like I'm in an F-18, looking down at the tip of the iceberg from 40,000 feet' ...
There's just so very, very, very, much that has been going on' ... But again, it is my own opinion that WE', have weathered the gauntlet, as WMIH-Corp IS NOW showing us the financially positive way forward' ...
My Best To You Always,
AZ
~ Intuitive, I'm Currently Considering Many Things ~
... Honestly, ... It was the one that has gotten so "nuts" lately that has surprised me the most' ... ? ... a few years ago he first asked me to review some GW documents', so I did, while I reviewed and sequenced its process, it was bouncin', so I bought 50,000 shares at $0.05, ... a few days later, I came to a few conclusion, to my amazement, the stock happened to bounce to $0.25, so I quickly unloaded all 50k, made a quick $10,000.00 (which I invested into WMIH-Corp), ... I revealed my findings and *I was thankful' ... But' ... my findings were not what some were ready to hear' ?, I was out and turned the page
... The same actually has happened here, ... I kept being asked (by the same one), to come here' in an effort to help a much larger group' ... so obviously I did', ...
BUT when the evolutionary legal processes, study and research, lead to reveal issues that a few ?, simply didn't want to here or accept ?, ... well, you know the rest' ...
... So, We'll See', ... OK ?
AZ
~ Yep, Thanks and I've Done My Level Best ~
I've always done my best to stay accurate to the "Truth", irrelevant of where the "Truth" actually lead me', ...
Yes, I own released WMI, P's, K's, and uq's "markers", as well as WMB Fixed Income Notes, and quite a powerful present tense position in the newco, WMIH-Corp ... however, ... I do not, nor will I ever' operate under any illusions of what I believe is on the very near financial horizon regarding my own positions, and what they will provide' ...
... I had no idea that some would actually get this nuts, along the way ...
So, as in all issues, First ?, I thought about it, ... and then I had decided not to argue or debate about Plan 6's attempts, or what the hedge funds, private equity, and institutions had planned for all along, subsequently with the Approved Plan 7's allowance for everyone to have a chance to "Participate", irrelevant of any choices made' ...
For the greater group, I said this in Early December of 2017', ... watch the newco WMIH-Corp, ... It will be the Tell', ... when the ABS-Cert Trust Produced Cash is Released', ... It WILL NOT be able to be kept a secret', ...
AZ
~ That's Right', Simply Put "It Is What It Is" ~
... "noncummulative", means just exactly what it says' ... any of the completed litigation now released', returns are limited to the specified quarter once announced' ...
the WMB Tranche 5 Class 17's (the WMB Class 17(a&b "senior and subordinated WMB fixed income debt"), are next' anyway ... which will eliminate the claims "still" showing on the FDIC's Balance Sheet' ...
the Class 19 P's are noncummulative "perpetual"
the Class 19 K's are noncummulative "redeemable"
the Class 21's accepted a WMI Class 12 General Unsecured Placement and are done'
the Class 22's were the actual shareholder owners of the WMI Estate, (WMIIC being a sub of the parent corp) and now', remain present tense aligned with the "Reorganized" WMIIC / WMI, now reorganized into the present tense' WMIH-Corp' ...
There are one of these QSR's Filed Every Quarter' They are accurate' to the Plan 7 Approved WMI Reorganization, ...
... Everyone', Institution and Individual, were given an opportunity to "Participate" in the Approved Plan 7', with a submission of their documentation ... specific to each Class Owned' ...
Filing # 12477 Filed April 30 2018
http://www.kccllc.net/wamu/document/0812229180430000000000001
... Safe Harbor ABS-Cert Trust Produced Monthly Asset Producing Cash' and Actual Cash, were NOT part of the WMIIC / WMI Chapter 11 Filings, ... And ARE NOT a consideration of the WMI Liquidation Trust' ...
~ Nosh, Yes That Is Correct ~
~ Mufa, Yes I Have and Thank You ~
... I have always stayed true, and have always gone where the evolving process and the research have lead’, ... irrelevant of how it affects any institution or individuals choice of holdings ... period ...
I won’t argue or debate misunderstood process based merely on anyone’s wishful thoughts ... it is what it is ... again’ period ...
The Settlements (2 of 2) are now done, everyone was given an opportunity to “Participate” in Plan 7, and WMIH-Corp is showing us the way forward ...
AZ
~ LP, They Are All (senior & subordinated), Semi-Annual ~
... However, ... the subordinated show varying dates, all of them are either in mid December and in mid July ... (I Own Three of them’, each have varying dates’ 9th, 10th, & 11th) ...
... But The seniors, which were the actual plaintiffs, ... all have a specific date’, ... December 15th, and July 15th ...
So, I am thinking that maybe ?, ... we’, ... are all waiting on the seniors first legally allowed specific distribution date of July 15th, post the 12/31/2017 completion of the D.C. Settlement ?
... WMIH-Corp is waiting also for WMI specific parallel securitizations’, in my opinion ...
AZ
~ It Is My Opinion and Conclusion ? ~
... The WMB Seniors negotiated in D.C., that no one would be able to go ahead of them’, ... or, receive before they’ were able to’, ... (the WMB Tranche 5 Class 17 ad-hoc Settling Steering Committee) ...
... other Classes ? ... yes maybe simultaneously or quickly after, ... but not before’ ...
... Yes, I believe everyone has been waiting for the exact very same release of the now settled, WMB as well as the WMI, Performing Trusts Generated funding ...
... Individuals, Institutions, and WMIH-Corp ...
AZ
~ No, No, No, I’ve Never Said That’ ~
... The Segregated Performing Trusts, ARE ALL Class Support Specific ... Many of them are actually trackable, ... Class 17, Class 19, and Class 22 ...
... remember, Class 17(b) never filed any claims against the WMI Estate, ... it was Class 17(a), the accredited investors, (the WMB Bank Noteholders, ad-hoc Settling Steering Committee), ... that fought it out in the D.C. court, and obviously won’ ...
AZ
~ StoxJock, Don’t Be Concerned ~
It’s quite clearly stated in the Disclosure Statement, ... The only function that Kosturos has (of the WMI-LT), is his responsibility to submit for a release of any claims originally placed, aligned with the debtor, ...
specifically refers to Class 17 and Class 18
... Again, WMB Tranche 5 Class 17’ is up next, ... anyway’, ...
remember, Class 17(b) never filed any claims against the WMI Estate, ... it was the Class 17(a) accredited investors, (the WMB Bank Noteholders, ad-hoc Settling Steering Committee), ... that fought it out in the D.C. court, and obviously won’
AZ
~ It’s Not Fishy’, You Are Just Confused Is All ~
... As I’ve posted about for a few years now, ... Our financial recovery has always been about the ... Segregated Performing Trusts ... our own percentage of returns, held while the Delaware and D.C. litigation was completed ...
~ ND, It’s The “Truth”, That Has Upset The Cart ~
After a first quarter of 2012’ LG major conversion to Class 19’s, as these arenas were obviously promoting, ... now that the process of true value ownership has been unfolding, ... he is bothered by the actual reality, and chooses wishful thoughts instead’, ...
The original WMIIC process, proves our values were originally secured,
The D.C. Dual Tracking Litigation, ending in Settlement, proves our values were originally secured,
Duff & Phelps, Proved our values are continuing to be secured,
and many of the preset tense Performing Trusts, which are able to be tracked, prove our values continue to be secured as they distribute monthly ...
The WMB Notes, Tranche 5 Class 17’, ... are next anyway, ... which will also prove the existence of the WMB Noteholders Supporting Securitizations ...
... I simply ignore most of the copy and paist these days anyway ...
AZ
~ Bob, Just NOT Like She Thinks She Will ~
... there truly is no, ... 75 / 25 To The End (all financially relevant considerations), ... I’ve been trying to tell ya’
AZ
~ Well, The Trackable' "Trusts" Began Distributing Once Again In Jan 2018' ~
"It Is My Opinion That"', ... All Of Them Have begun properly functioning' As Well' ... (many are private')
WMI, now reorganized into WMIH-Corp, is involved with their Trust Produced Monthly Cash Returns, to the very same percentage of participation that WMI was originally involved in ... (time has allowed for accumulation, placed on hold', while the litigation was completed)
"It Is Also My Opinion That"', ... Everyone, WMIH-Corp, Institution and Individual Alike, has been waiting for the very same exact thing, ...
Everyone', ever since the completion of the D.C. Dual Tracking Settlement and its requirements agreed to 12/31/2017', ... has been waiting for the first allowable and available (multinational) distribution date to be realized for the WMB Tranche 5 Class 17' Settling ad-hoc Steering Committee ... realizing their releases brought forward from Plan 6', and eliminating the claims against the FDIC showing on the balance sheet' ...
AZ
~ No, You Are Fine ~
What’s Important is that You’re paying attention, ... It’s only the misleading nonsense being presented that can financially harm you, as was done to many, during the first quarter of 2012’, ...
... just be cooool’, ... WMIH-Corp will show us the way’ ... this newco’ isn’t going anywhere without ... Us’ ...
AZ
~ Well ?, I Just Don’t See Anything As “Stalling” ~
... I have simply followed the litigation process, ... both of them’, in both, Delaware and in D.C., ... I watched for the D.C. settlement requirements to be completed by 12/31/2017’, ... I told everyone in early December 2017’ to, ... Watch the newco WMIH-Corp, It Would Be The Tell’, ...
and then, after the settlements 12/31/2017 completion ?, in February 2018’ as the 15(g)s reported also’ as of 12/31/2017 ?, ... WMIH-Corp then was in a position to announce its merger with NSM’, ... oh and also, the Trusts had already begun distributing in January 2018’ ...
As a WMB Fixed Income Owner, I knew the WMB Tranche 5 Class 17’ ad-hoc Settling Steering Committee needed their releases to be actually realized, and the FDIC would then be released of the Claims Showing On the balance sheet ...
... I’ve just been paying very close attention and I understand the process at hand’, without any emotional involvement ... moneys money’ ... everything is fine ...
AZ
~ The Trusts Are Released Since The Settlement and it’s Conditions met, as of 12/31/2017 ~
The Trusts have already begun distributing on a monthly basis ever since January 2018’, ... many are trackable ...
We are simply waiting for the Tranche 5 Class 17’ WMB Notes to receive their first allowable legal distribution, ... exercising their original release brought forward, and releasing the claims showing against the FDIC with the receipt of their payment ...
AZ
~ Well, Exactly How They (WMIH-Corp) Accomplish This ? Is Still Debatable ~
... However, ... the “fact” that it still needs to be accomplished and addressed by WMIH-Corp ? ... is not’ ... period’
This is why all of these distractions ever since 2012’, regarding the WMI-LT is running the forward process ?, is very, very, deceptive and financially dangerous to an innocent participant ...
AZ
~ Yes, It Is Possible ~
... Plan 6 Failed due to forced Rule 510 “Subordination”
... WMIIC / WMI went into a Court Ordered and Mediated Settlement’, which lead to an approvable Plan 7’ ... and ... allowed “everyone” an opportunity to “Participate”, with their proper documentation submitted
... WMIH-Corp, ... Is Now’ ... The reorganized same, WMIIC / WMI ...
... the parent Corp., WMI, originally handled everything, I See no reason why the present tense reorganized parent Corp., WMIH-Corp, wouldn’t be in a position to carry on’ in a reasonable same fashion ...
... WMB Tranche 5 Class 17’, should be up next’, as the Trusts Supporting them, are now free of the litigation hold originally placed upon them’, ...
AZ
~ Good’, Just Be Cooool’ ~
... No one can make you do anything at this point in time’, ... We’ ? ... will do just fine, because all of these institutions, hedge funds, and private equity, will do just fine ... and Yes, WMIH-Corp will also do just fine’ ...
... You did well, ... You chose to class release in order to be able to “Participate”, ... your Class Specific Markers Are showing intact, ... and you are an active investor in WMIH-Corp ...
... Well Done’ ...
AZ
~ No, Your Released Markers Are Class Specific ~
... There simply is NO’, ”75% / 25% to the end” association with the Trust Produced Segregated Returns ...
the WMI-LT is only involved with what the WMI-LT reports in each and every SEC submitted QSR’, ... only any of the possible left overs as reported in the WMI-LT (I doubt there will be anything financially relevant), ... will be divided, “RE-Distributed”, at the end’, ...
... The big money returns, are Supported Trust Produced, the Trust Produced cash returns were segregated and safe harbor from the WMIIC / WMI Bk Filings, the Cash Returns are Class Specific, and have ZERO to do with the WMI-LT issuing any LTI’s, which refers to one having an actual Interest’ in the trust ...
... Be Prepared ... It is my own opinion that I seriously doubt’ or believe that these institutions, hedge funds, and private equity participants, are done screwin’ around with the retail people ...
AZ
~ Cura, Thankfully You Are Also “Paying” Attention ~
As I have posted about a few times now, ... The “Non-Creditor” claimants, were placed pari-pasu in their recovery with Equity Class 22’, ... the original common share owners of the entire WMI Estate’, ... an important detail, missed by many’ ... not to mention the disregard for the entire continuation of the dual tracking D.C. Litigation
~ 2221', That Is Correct ~
The Performing Trusts and their production of Monthly Cash Earnings' that WMI had originally participated in', could not be considered by the WMIIC / WMI Bankruptcy Court, and obviously were not a part of WMI's reorganization process, ...
... SO', ... the WMI-LT has ZERO to do with these asset and cash values as well' ...
... the D,C. Dual Track had them tied up in litigation beyond the Plan 7 reorganization, but that's all done now as well' ...
AZ
~ Oh, That's Interesting' LOL' ? ~
~ David', Yes I Know Right ? ~
... I began seriously presenting on the WMIH-Corp discussion arena's, back in late 2012', in an effort to help the people after witnessing the first quarter of 2012', ... and all of the misdirection that went on' during that brief period ... up to and including a promoted' "calculator" ... ? ... a calculator for a process that wasn't going to ever happen ?, the ol' 75%/25% to the end load of', well you know ...
... not to mention, an obvious disregard for the continuation of the D.C Litigation', beyond Plan 7's Implementation date of 03/19/2012 ...
... I guess there are a simply a few remaining, that have mentally taken possession of their Class Segregated Releases aligned with a 75% / 25% to the end' type of a returning consideration' ... that isn't going to actually happen ?, or be legally able to happen' ...
I didn't design the process, ... I only took the time to understand it', ...
AZ
~ I'm Not Ignoring Them At All ~
What I Ignore are the misunderstandings, which lead to the poor and incorrect' mis-representations'
I just understand that these presentations are "specific to form", ... they are specific to the WMIIC / WMI BK Filings and their subsequent reorganization' ... that's all' ...
You simply seem to like to segregate and then integrate these Trust Produced Cash returns to your own will, and your own original 1st quarter of 2012' choices' ... you either understand how the Trust Produced Returns were able to be kept in safe harbor ?, or you don't' ... it's that simple', ... BUT you can't have it both ways simply because you want to' ...
... "it is what it is" ...
AZ
~ Wrong Again', ~
Copy and Paste All' You Want, ... It Changes Nothing' ...
Yes, I submitted my own Class Segregated Release Documents in order to be able to ... "Participate", ...
However, Nothing', Again Absolutely Nothing' that COULD NOT Be considered by the Delaware Bankruptcy Court aligned with the WMIIC / WMI Filings for BK Chapter 11 protection, ...
... Could Be Considered' ...
(I specifically refer to, the Segregated Trust Production, and WMI's percentage of participation within them'), ...
if you don't believe me ?, ask J Nelson or E Sargent from S&G, or Judge Walrath' ? or Judge Claster, ? ... or, ... any one of the hundreds of participants in the D.C. Dual Track' that just won' through Settlement' ... completed as of 12/31/2017 ...
AZ
~ Everyone Has Their Bet "Down" On The Table ~
With each submission of Their Cash Placed On The Barrel, for their chice of purchases of the individual class segregated WaMu participation', ... whether a
Class 16 ? (an obvious creditor class sucker play, after the December of 2011 mediation - Rule 510 "Subordination", was going to be forced')
Class 17 ? (a financial gamble while the D.C. Litigation Continued, but not any longer, it's now settled)
Class 19 ? (a P' perpetual was the proper choice', a K' though cheap, will be redeemed)
Class 21 ? (accepted a WMI Class 12 General Unsecured placement and are now completed)
Class 22 ? (common shareholders always own the Estate, surviving the reorganization was the task, now completed)
I outgrew pinky bets in kinney garten'
AZ
~ That ?, Is Categorically 100% "False" ~
Seriously ?, You believe the ownership of the Trusts were changed ?', ... Nope, Not Hardly, Not Legally possible, and Didn't Happen'
~ I Will', I've Tried To Explain This' Numerous Times ~
... Since the Segregated Performing Trust's and' their monthly "Cash" production were NOT ABLE TO BE considered either during ? or, at the approved completion of the WMIIC / WMI specific reorganization process ?, ... Then they WERE and ARE NOT A CONSIDERATION Regarding WMI's reorganization Liquidation Trust' ... the WMI-LT' ...
This isn't hard ... One can not magically place the WMI-LT in control of what was NOT ABLE TO ORIGINALLY BE CONSIDERED IN THE FIRST PLACE'
"it is what it is"
AZ
~ Bob, Nope It's Simply Been Confused Is All ~
You'll see, ...
... The WMI aligned Segregated Performing Trust produce monthly financial returns, were NOT Involved directly' with either of the WMIIC / WMI Filings for Chapter 11', ... nor, were they involved with the subsequent WMI Plan 7 "Reorganization" ... "due to the fact that", the D.C. Litigation concerning the Settlement of ALL of the WMIIC / WMI aligned Trusts was ongoing through the Settlements completion as of 12/31/2017' ...
... I know that you and a few others, ... want ?' ... things to be different ?, but that ? is just NOT THE CASE' ... sorry, but it simply "is what it is" ...
... The Performing Trusts' have ?, and are still ?' ... Segregated and Individual
AZ
~ The WMIH-Corp "Reality" Should Be Setting In ~
~ JPMC was only able to receive the "servicing rights" to the WMI Loan File ~
The segregated and individual "Performing Trusts" aligned with WMI's percentage of participation in them', were not legally involved with the Chapter 11's, ... WMI's portions of Trust' monthly financial production, was held in safe harbor'
"due to the fact", that the Performing Trusts were held separately from the WMIIC / WMI Chapter 11's, Their involvement with the WMI-LT' ?, DOES NOT EXIST', other than the WMI-LT's ability to be used as a Pass-Through'
There is NO, 75% / 25% to the end, as only any remains of the WMI-LT showing on a QSR Report will be distributed in that fashion', ...
~ Watch Your Six ~, ... and ... ~ NO, No I Will Never Be Issued An LTI ~, ... and ... ~ Know What You Own ~, ...
Plus a few other hard reality's I've brought forward along the way, ... "it is what it is"
... WMI's P's ... perpetual
... WMI's K's ... redeemable
... WMI's uq's ... commons always own the estate'
WMIH-Corp is now showing us the way' forward'
AZ
~ Thanks 2221' ~
The misused and abused, embedded derivative function, which in our case was shamefully used as a pps controlling mechanism while the D.C. Litigation continued, became available with the issuing and the initiation of the B' series preferred and the 600 million minus fees, of restricted cash that came with them, ... January of 2015', ...
... it doesn't matter any longer', ... the financial process is obviously moving forward thankfully' ...
AZ
~ I'm Not Sure What "ed" Is ?, That You Refer To ? ~
However, my being a serious student of what the failed' Plan 6 attempted to do ?, and my also being an avid document researcher and follower of BOTH of the Legal Processes ?, ... (dual tracking) BOTH in Delaware and in D.C. ? ... with their "Settlements" now achieved and ending on 03/19/2012 DE, and 12/31/2017 D.C. respectively ?, ...
... The WMB Tranche 5 Class 17 Releases ARE NOT YET Secured', and the Claims against the FDIC remain active until the "Distributions" are actually realized' ...
WMIH-Corps ability to move forward with a merger, as announced back in February 2018', as the 15(g)'s were updated as of 12/31/2017, was what I needed to see' ...
AZ
~ CKaufman2160, Yes, You Are Correct ~
Anyone saying the "Embedded Derivative" is not present tense still "functioning", ? ... simply doesn't understand what the "Embedded Derivative" function is actually designed for in the first place' ...
... WMIH-Corp and its private equity and hedge fund buddies, simply took an opportunity to Abuse this' SEC available function, is all ...
Once the "Merger" was announced back in February' 2018, ... so the conversation, was able to change, BUT ONLY THE CONVERSATION ... the embedded derivative continues to be able to control the WMIH-Corp price per share until the restricted cash is moved', ... as of the 03/31/2018 SEC WMIH-Corp 10-Q', ... $576 million restricted cash still showing', ...
AZ
~ WMB Tranche 5 Class 17 "Releases" Are Next Up ~
The WMB Tranche 5 Class 17' "Releases", brought forward from Plan 6, as the D.C. Litigation was to continue beyond the Delaware Plan 7 "Approved" given opportunity for ALL' to be in a position to "Participate", ...
... "Will Have Deemed To Have Release Upon Receipt Of Their Distribution" ...
... "If you hold senior unsecured debt or subordinated debt, your claim with the Receiver has already been registered by virtue of bond ownership and there is no need for you to make an additional claim. If the ownership of the bond changes, the claim against the Receiver will follow the ownership of the bond." ...
... "Settlements (2 of 2, DE and DC)", now being completed',
WMB Senior Debt Holders 6,077,557
WMB Subordinated Debt Holders 7,723,052
(the "original dated" claims listed are for $13,800,609,00.00)
These "Claims" showing against the FDIC will dissipate upon Tranche 5 Class 17's receipt of its now "Settled" distribution. ...
... The Original WMB Tranche 5 Class 17 Releases will be secured, and the claims against the FDIC, once paid, will have been addressed as now Settled', ... (the WMB Tranche 5 Class 17 = the ad-hoc Settling Steering Committee)
... If', ? You are NOT a "Direct Owner" of the WMB Fixed Income Notes', WATCH WMIH-Corp', ... "It Is The Tell" ... Everyone', Institution and Individual alike, is waiting for the exact same thing, the release of the accumulated and continuing funds, held by the original WMI Securitizations while BOTH of the litigations, Delaware and D.C., were completed ...
Now "Thankfully Done", as We' Are All Able to Watch the Reorganized WaMu (WMIH-Corp) be in a position to actually move forward in a financially meaningful and legal way'
AZ
~ IPrelude, Hello Old Friend' It's Been Awhile ~
I am always very pleased to see any of the "WaMu Long Timer's" from the old days that are still here' ...