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The TSA between the LT and WMIH (now COOP) was terminated on June 18,2019.
"Item 8.01 Other Events
Termination of Transition Services Agreement between WMI Liquidating Trust and Mr. Cooper Group Inc.
On June 18, 2019, Mr. Cooper Group Inc. (formerly known as WMIH Corp. and referred to herein as “MCG”) notified WMI Liquidating Trust (the “Trust”) that it was terminating that certain Transition Services Agreement, dated as of March 22, 2012, by and between MCG and the Trust (as amended, the “TSA”). Such termination satisfied the requirements of Section 9.1 of the TSA and, at the time of such termination, the TSA was in full force and effect without any defaults thereunder."
https://www.sec.gov/Archives/edgar/data/1545078/000119312519209022/d770774d8k.htm
Here's the Transition Services Agreement. (March 22, 2012)
https://www.sec.gov/Archives/edgar/data/933136/000090951812000125/mm03-2312_8ke106.htm
Has HRNF made you rich,yet? Patience is the key. LOL!
Grayscale Investments Announces Launch of the Grayscale Digital Large Cap Fund
The Fund invests in a basket of large cap digital assets that will initially include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC) (the "Fund Components"). The Fund may also hold cash and assets arising as a result of a fork, airdrop or similar occurrence from time to time.
==================================================================
Through a rules-based portfolio construction process, the Fund targets 70% coverage of the digital asset market. The Fund will be rebalanced on a quarterly basis to remove existing digital assets or include new digital assets in the Fund's portfolio in accordance with certain criteria established by Grayscale.
https://www.prnewswire.com/news-releases/grayscale-investments-announces-launch-of-the-grayscale-digital-large-cap-fund-300595149.html
Of course you say that, now that you've finally bought back in. And, when you exit your position you'll revert back to your subtle bashing ways.
Testimony on “Virtual Currencies:The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission”
by
Jay Clayton
Chairman, U.S. Securities and Exchange Commission
Before the Committee on Banking, Housing, and Urban Affairs United States Senate February 6, 2018
https://www.banking.senate.gov/public/_cache/files/a5e72ac6-4f8a-473f-9c9c-e2894573d57d/BF62433A09A9B95A269A29E1FF13D2BA.clayton-testimony-2-6-18.pdf
It's because the company will be filing another Shelf Registration. Out with the old, in with the new.
https://www.sec.gov/Archives/edgar/data/933136/000119312517365615/0001193125-17-365615-index.htm
https://www.sec.gov/Archives/edgar/data/933136/000119312517365615/d504414dex991.htm
EX-99.1
Pg. 4
Registration Rights:
The Company will use reasonable efforts to file a shelf registration statement covering the Amended Series B Preferred Stock, the Common Stock issued upon the conversion of the Amended Series B Preferred Stock, the Common Stock issued in respect of a Special Distribution and the Common Stock issued in connection with a Regular Dividend (as defined in the 2018 Amended Charter) in accordance with the terms set forth in an amendment to the existing registration rights agreement, substantially in the form attached as Exhibit D, which the Company will enter into prior to the Effective Time.
========================================================================================
Exhibit A-D-5
2. Shelf Registration Statement.
(a) The Company shall, at its expense, use its reasonable efforts to prepare and file with the SEC as promptly as practicable after the Amendment Effective Time (but no later than June 15, 2018) a Shelf Registration Statement with respect to resales by each Holder from time to time on a delayed or continuous basis pursuant to Rule 415 (or any similar provisions in force) of shares of Common Stock (x) issuable upon the Mandatory Conversion of shares of Convertible Preferred Stock, (y) issuable as Regular Dividends (whether on a Regular Dividend Payment Date or on a Mandatory Conversion Date) and (z) issuable as a Special Distribution that are Transfer Restricted Securities.
(b) The Company shall, at its expense, use its reasonable efforts to prepare and file with the SEC as promptly as practicable after the Amendment Effective Time (but no later than June 15, 2018) a Shelf Registration Statement with respect to resales of shares of Convertible Preferred Stock that are Transfer Restricted Securities by each Holder from time to time on a delayed or continuous basis pursuant to Rule 415 (or any similar provisions then in force). If eligible, the Company may satisfy the requirement to file a Shelf Registration Statement pursuant to this Section 2(b) by registering for resale the Convertible Preferred Stock on the Shelf Registration Statement required to be filed under Section 2(a) above.
The Company will be filing another Shelf Registration.
https://www.sec.gov/Archives/edgar/data/933136/000119312517365615/0001193125-17-365615-index.htm
https://www.sec.gov/Archives/edgar/data/933136/000119312517365615/d504414dex991.htm
EX-99.1
Pg. 4
Registration Rights:
The Company will use reasonable efforts to file a shelf registration statement covering the Amended Series B Preferred Stock, the Common Stock issued upon the conversion of the Amended Series B Preferred Stock, the Common Stock issued in respect of a Special Distribution and the Common Stock issued in connection with a Regular Dividend (as defined in the 2018 Amended Charter) in accordance with the terms set forth in an amendment to the existing registration rights agreement, substantially in the form attached as Exhibit D, which the Company will enter into prior to the Effective Time.
========================================================================================
Exhibit A-D-5
2. Shelf Registration Statement.
(a) The Company shall, at its expense, use its reasonable efforts to prepare and file with the SEC as promptly as practicable after the Amendment Effective Time (but no later than June 15, 2018) a Shelf Registration Statement with respect to resales by each Holder from time to time on a delayed or continuous basis pursuant to Rule 415 (or any similar provisions in force) of shares of Common Stock (x) issuable upon the Mandatory Conversion of shares of Convertible Preferred Stock, (y) issuable as Regular Dividends (whether on a Regular Dividend Payment Date or on a Mandatory Conversion Date) and (z) issuable as a Special Distribution that are Transfer Restricted Securities.
(b) The Company shall, at its expense, use its reasonable efforts to prepare and file with the SEC as promptly as practicable after the Amendment Effective Time (but no later than June 15, 2018) a Shelf Registration Statement with respect to resales of shares of Convertible Preferred Stock that are Transfer Restricted Securities by each Holder from time to time on a delayed or continuous basis pursuant to Rule 415 (or any similar provisions then in force). If eligible, the Company may satisfy the requirement to file a Shelf Registration Statement pursuant to this Section 2(b) by registering for resale the Convertible Preferred Stock on the Shelf Registration Statement required to be filed under Section 2(a) above.
BBANBOB
Thank you. I don't see anything to be skeptical about with his quick responses. The emails i sent to him were answered fairly quickly, within a time of no longer than 20 minutes.
Correct.
WMIIC was a "Guarantor" of the original "Financing Agreement" dated as of March 19, 2012 between WMI Holdings Corp and Owl Creek, Appaloosa, Centerbridge, Aurelius.
That "Financing Agreement" was terminated in January 2015, in lieu of the $600 million "Offering".
I have seen no filings that show WMIIC being a "Guarantor" for the $600 million "Offering".
It's quite easy to verify. Contact William Gallagher posing the same question. Here's his email address.
william.gallagher@wamuinc.net
I received a response to my email from William Gallagher.
-----------------------------------------------------------------
William Gallagher<william.gallagher@wamuinc.net>
To [omitted]
No
Bill Gallagher
------------------------------------------------------------------
Email sent. I may not get a response. Can't hurt to ask.
==================================================================
Mr. Gallagher,
Per today's Press Release, the Company "announced that it has completed the dissolution of its wholly-owned subsidiary WMI Investment Corp. ("WMIIC").
As i've stated in a previous email, in a 10-Q report for the quarterly period ended June 30, 2016 the Company stated that it was “beginning the process of dissolving this entity”.
During the time period since the Company's announcement in 2016 of “beginning the process of dissolving this entity” till such time the Company announced WMIIC's complete dissolution was there any assets/cash returned to or passed through this entity?
Thank you,
==================================================================
Here's his email address...william.gallagher@wamuinc.net
Ask away. You might not get a response, then again, you just might.
I've sent an email to Grayscale (info@grayscale.co) inquiring if the Stock will be halted for trading during the days of January 23, 24, and 25.
I sent a few emails last week to William Gallagher, WMIH CEO.
1st email sent...
==================================================================
Mr. Gallagher,
In a 10-Q report for the quarterly period ended June 30, 2016 it was stated, in regards to WMI Investment Corp. (WMIIC), that the Company was “beginning the process of dissolving this entity”. At last year’s Annual Meeting of Stockholders Chad Smith stated that, “in terms of the WMI Investment Corp…that entity continues to be a dormant Subsidiary and i’m expecting or hoping that we’ll be able to complete the dissolution of that entity by the end of the year”.
As of this time has WMI Investment Corp. (WMIIC) been completely dissolved or does it continue to remain as a Subsidiary of WMIH Corp.
Thank you,
---
---
---
His response...
William Gallagher<william.gallagher@wamuinc.net>
To [omitted]
CC Chad Smith
Mr. [omitted]
WMIIC still exists and it is still a dormant subsidiary with no assets.
Best regards
Bill Gallagher
==================================================================
2nd email sent...
Mr. Gallagher,
Your response in regards to the current status of WMI Investment Corp.,WMIIC, was highly appreciated. Thank you very much.
It appears that an excessive amount of time has passed since the Company first announced it’s intention of beginning the process to dissolve WMIIC. If I may inquire, why has it been taking so long to dissolve this entity, one which has “no assets”?
Has the Company been delaying the complete dissolution of WMIIC because it anticipates that ultimately there will be assets returned to or through it?
Once again, thank you.
---
---
---
His response...
William Gallagher<william.gallagher@wamuinc.net>
To [omitted]
I do not anticipate there will be any assets when this entity is wound up.
Bill Gallagher
==================================================================
Who said this? This person even bragged that he was right. Ouch!
==================================================================
"... ALL, documented ...
The agreement entailed a payment to be made by the FDIC to WMI' as a financial assigned settlement, for WMI's ... banking sub ... "WMB and its assets" ... seized and then sold to JPMC, prior to a proper valuation being done' ...
... $17.7 Billion Dollars was required to separate WMB' from the WMI TAX Group, ... and the Judges recognition of (approximately) a return of $6.5 Billion Dollars in Capital Contributions ...
... so yes, roughly a $24 Billion Dollar Payment is to be paid by the FDIC to the WMI Estate, to complete the original payment agreed upon to satisfy the claims against it' ...
AZ "
==================================================================
"The FDIC is to pay for WMI's illegally seized property = WMB = ... in the amount of $24 Billion dollars, in which the $8.37 Billion dollar Capital Loss Allowance, will be able to be legally utilized against any of the new company's tax responsibilities for the eventual receipt of this money ... "
"... I say the FDIC will pay up, no later than by March 16th, 2017 ... $24,000,000,000.00 plus the associated $8,370,000,000.00 tax responsibility associated with the agreed upon' return ..."
==================================================================
"Joe,
I am right ... it has all been presented in the sequenced documents' ... I respect your discipline regarding the employee claims issues, ... however ? ... on this ? yes, I'm sure ... "the Settlement" ... is real'
March, 2017 ?' according to the IRS General Rules ? ... is the drop dead date' ... however, due to partial year considerations as discussed "on the record" ... I say the FDIC makes good on this prior to years end' ...
AZ"
==================================================================
AZ has said there's a minimum of $40 Billion.
It was Appaloosa, Aurelius, Owl Creek, and Centerbridge (AAOC) that were caught with colorable claims. They held PIERS. The waterfall was to end at PIERS.
What Is a Forward Stock Split?
Each corporation has a certain number of outstanding shares among owners. The number of shares you own might change as a result of business decisions that companies pursue. One such decision is a forward stock split.
Impact
A forward stock split can add to the number of stocks you own, but it does not increase your investment value. When a company issues a stock split, those who already own stock in the company end up with more stock without making additional investments. If a company issues one share for each outstanding share, then the number of shares doubles, and this is called a 2-for-1 stock split. Because nothing has happened to increase the company’s value, the effect of doubling the number of shares reduces the stock price to half and keeps the company’s value the same. In another example, if a company announces two shares per share outstanding in a 3-for-1 stock split, each share value would fall to a third to keep the company’s value the same.
Price Reduction
A forward stock split might appear futile because there is no fundamental change. However, small investors might appreciate forward stock splits. When a company’s share increases significantly, it can be difficult for small investors to buy a reasonable number of shares. If a company's stock prices were $600 per share, 100 shares would cost you $60,000, probably too much for small investors. However, if the company reduced the price of each share to $200, then 100 shares would cost $20,000, making it possible for more investors to buy those shares. Example: Apple Inc. stock was priced at more than $600 per share in 2012. If Apple were to issue a 10-for-1 stock split, more investors would be able to enjoy the returns of this very profitable company.
Increase Demand
Another reason to issue a forward stock split can be to increase the price of shares by increasing demand for a company’s shares. Usually, forward stock splits are issued by companies whose share price is increasing. Forward stock splits can signal to the market that the price of a company’s shares is rising, and that the stock therefore might be a good buy. The company also might expect demand for its stock to increase because more investors could afford to purchase its stock after a forward stock split.
https://finance.zacks.com/forward-stock-split-3160.html
Things will probably change, but based solely on...
1) today's closing price
2) today's market cap
3) number of future outstanding shares. (174,410,600)
The new share price may be somewhere within the $16.75 range when the split becomes effective.
Bitcoin Investment Trust Announces Stock Split
NEW YORK, Jan. 11, 2018 /PRNewswire/ -- Grayscale Investments, LLC, the sponsor (the "Sponsor") of the Bitcoin Investment Trust (OTCQX: GBTC) (the "Trust"), announced that it has today declared a 91-for-1 stock split of the Trust's issued and outstanding shares. With the split, shareholders of record on January 22, 2018 will receive 90 additional shares of the Trust for each share held.
The stock split will be effected on January 26, 2018 to shareholders of record as of the close of business on January 22, 2018. Following the stock split, the Trust's shares will continue to be quoted on the OTCQX under the symbol "GBTC."
Based on 1,916,600 shares of the Trust issued and outstanding as of the date of this press release, immediately after effectiveness of the stock split on January 26, 2018, the Trust would have 174,410,600 shares outstanding. The Trust may create new shares after the date of this press release and up through the record date. After the close of business on the record date, the Trust will announce the total number of shares that will be issued and outstanding immediately after effectiveness of the stock split on January 26, 2018, which will give effect to any such new shares created after the date of this press release and up through the record date.
Shareholders are not required to take any action to receive the shares in connection with the stock split and they will not be required to surrender or exchange their shares in the Trust. The transfer agent will automatically issue the new shares in the stock split.
The transfer agent for shares of the Trust is Continental Stock Transfer & Trust Company. For questions relating to the transfer or mechanics of the stock split, stockholders may contact Continental Stock Transfer & Trust Company, 1 State Street, 30th Floor, New York, NY 10004-1561, or by phone at: 800-509-5586 (Domestic callers) or 212-509-4000 (International callers). If shares are held by a bank, broker or other nominee, stockholders should contact that institution directly.
Shareholders contemplating a transaction in the Trust's shares between the record date and payment date should consult a broker regarding their entitlement to the split shares.
https://www.prnewswire.com/news-releases/bitcoin-investment-trust-announces-stock-split-300581752.html
Confusion In Korea: Ministry Of Finance Refuses To Support Cryptocurrency Trading Ban
"In a press conference, the South Korean Ministry of Strategy and Finance told local reporters that it had first heard of the Ministry of Justice’s cryptocurrency trading ban through media reports. The cryptocurrency task force participated by the central bank, MInistry of Finance, Ministry of Justice, and other agencies have not agreed upon the proposal.
“We do not share the same views as the Ministry of Justice on a potential cryptocurrency exchange ban,” MSF said according to the local Naver website."
==================================================================
"Evidently, the cryptocurrency trading ban proposal has not been finalized or even agreed upon by the South Korea Ministry of Strategy and Finance.
Finally, CCN reporter Joseph Young reports that in an official announcement, "South Korean government reaffirms there will be NO TRADING BAN for #cryptocurrency market in the short term and NOTHING IS FINALIZED.""
==================================================================
"Furthermore, a petition to fire the head of the Ministry of Justice over the #cryptocurrency trading fiasco filed."
https://www.zerohedge.com/news/2018-01-11/confusion-korea-ministry-finance-refuses-support-cryptocurrency-trading-ban
And, the Trust indicated just how much cash they received from the merged Subsidiaries; $444,333 thousand.
==================================================================
WMI Liquidating Trust - June 30, 2017 Quarterly Summary Report - Filed: 7/28/2017
Pg. 13 http://www.wmitrust.com/wmitrust/document/8817600170728000000000001
Note 9: Investment in Subsidiaries
Since the Effective Date, the Trust had five (5) dormant subsidiaries without any active business operations. The subsidiaries adopted a plan of liquidation in October 2012. The assets held by these subsidiaries were comprised solely of cash and cash equivalents. On June 23, 2017, four of the subsidiaries were merged with and into the last remaining subsidiary, WaMu 1031 Exchange. Prior to such mergers, such subsidiaries distributed their remaining cash to the Trust. The Trust received $444,333 on June 27, 2017. The last subsidiary, which no longer has any assets, is expected to be dissolved by December 31, 2017.
==================================================================
Upon the consummation of an Acquisition/Qualified Acquisition the Series B Preferred Stock will convert into approximately 444,444,444 million WMIH Common Shares.
(($600,000,000 million Offering divided by $1.35 Conversion Price = 444,444,444 million WMIH Common Shares.))
The Series 'B' Holders are not buying WMIH Commons. This is a conversion of 'B' stock to Commons. There will be no additionally monies to the Company.
In addition to this, there will be approximately 11,427,720 million more WMIH Common Shares added to the approximate 444,444,444 million WMIH Common Shares.
"A special distribution of 19.04762 shares of Common Stock per share of Series B Preferred Stock..."
((600,000 Series B Preferred Shares multiplied by 19.04762 WMIH Common Shares = 11,427,720 WMIH Common Shares.))
Approximate total Shares = 444,444,444 million + 11,427,720 = 455,872,164 WMIH Common Shares.
Plus, the approximate 206,714,132 current Outstanding Shares would be 455,872,164 + 206,714,132 = *662,586,296 WMIH Common Shares.
* does not include any Warrants that may be exercised
According to Ron, the payment is $900 billion. And, it's to be paid to the WMI Estate. :rolleyes:
"JPM got their $645MM at the same time the FDIC got "the Final Payment" of around $900B for "WMB and it's assets" which completes the CIC. DBNTC and other Trustees received their Trusts distributions shortly thereafter, which finalized the PAA and Receivership and CIC with "the Final Payment" to the WMI Estate. IMO, on Sept 5th."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134277327
Link?
Because, their plan was to capitalize WMMRC and expand it's business.
Pg. 20-23
https://www.scribd.com/document/63319846/Washington-Mutual-WMI-Closing-Argument-of-the-Equity-Committee-1st-Confirmation-Hearing-in-December-2010
From WMIH’s Amendment of Series B Preferred Conference Call on December 12, 2017
15:40
John Berg: Private Investigator
[Q: John] Yes, hello. Um, just as a follow-up to Brian’s concentration on the Escrow aspect, is WMI at all privy to any information on withheld assets in Safe Harbor by the FDIC Receivership? Cause, as an Escrow holder and having released, there’s a lot of us investors out there who are very curious as to what the status is of that? And, if WMI has any knowledge or insight into the Safe Harbor assets that are being currently withheld by the Receivership and when they might be released to the Escrow holders?
[A: Tom Fairfield] WMIH Corp, in answer to your question, is not involved in the Liquidating Trust or the Receivership for the former Washington Mutual Holding Company or any of it’s affiliates. So, if you have questions around that you would have to contact the Receiver or the relevant people at the Liquidating Trust for that information.
[Q: John] Right. It could be very significant, though, to WMIH because what others are discussing, as if these assets are indeed released to Escrow holders and there will be a payout to the Escrow holders, probably, a significant percentage of that money will be reinvested back into WMIH; which could be a very significant boost in the share price and the value of the Company. So,…
[A: Bill Gallagher] John, our view is we don’t have any call on any of that. I mean, we have no knowledge of it. It’s different entities and it’s not something that WMIH Corp has any interest in. And, if we did we’d pursue it but, we don’t.
[Q: John] Ok, that’s all i have. Thank you.
[A: Bill Gallagher] Thank you.
[A: Tom Fairfield] Thank you.
The answer is 7% - 8%. I'll post the question, tomorrow.
Interim Dividend Distribution
"As of June 30, 2017, the Receiver had approximately $2.76 billion to distribute to holders of claims allowed by the receivership, according to the priorities established in 12 U.S.C. § 1821(d)(11)(A). The most recent receivership balance sheet summary can be found at the following link: (WAMU Quarterly Receivership Balance Sheet Summary). After paying JPMC in full, the Receiver made an interim dividend distribution on September 26, 2017, on all approved senior unsecured claims of the receivership, including the claims of DBNTC, general trade creditors, and the WAMU senior bondholders. This distribution represented approximately 95% of the receivership’s remaining total current assets. The allowed senior unsecured creditors shared equally (on a pro rata basis) in this distribution. The remaining funds in the receivership are expected to be sufficient to cover future expected and potential losses and expenses."
https://www.fdic.gov/bank/individual/failed/wamu-settlement.html
It can't get any clear than this. There won't be any distribution to Tranche 6.
Ron, all it takes is some true DD.
Pg. 13
http://www.wmitrust.com/wmitrust/document/8817600170728000000000001
"Note 9: Investment in Subsidiaries Since the Effective Date, the Trust had five (5) dormant subsidiaries without any active business operations. The subsidiaries adopted a plan of liquidation in October 2012. The assets held by these subsidiaries were comprised solely of cash and cash equivalents. On June 23, 2017, four of the subsidiaries were merged with and into the last remaining subsidiary, WaMu 1031 Exchange. Prior to such mergers, such subsidiaries distributed their remaining cash to the Trust. The Trust received $444,333 on June 27, 2017. The last subsidiary, which no longer has any assets, is expected to be dissolved by December 31, 2017."
WaMu 1031 Exchange is NOW dissolved.
https://businesssearch.sos.ca.gov/
Where it says 'Search Criteria' put in "wamu 1031 exchange". Above that where it says 'Search Type' put in for 'Corporation Name'.
Click 'Search'
The next page will show...
Entity Number - C0855386
Registration Date - 11/07/1977
Status - Dissolved
Entity Name - WAMU 1031 EXCHANGE
Click on 'WAMU 1031 EXCHANGE'
The next page will show...
'Document Type'
Although, there is no PDF file for the DISSOLUTION document, there are others.
For those that are interested...
William Gallagher's EMPLOYMENT AGREEMENT: https://www.sec.gov/Archives/edgar/data/933136/000119312515186101/d924385dex102.htm
William Gallagher's RESTRICTED STOCK AGREEMENT: https://www.sec.gov/Archives/edgar/data/933136/000119312515186101/d924385dex103.htm
Thomas Fairfield's EMPLOYMENT AGREEMENT: https://www.sec.gov/Archives/edgar/data/933136/000119312515186101/d924385dex104.htm
Thomas Fairfield's RESTRICTED STOCK AGREEMENT: https://www.sec.gov/Archives/edgar/data/933136/000119312515186101/d924385dex105.htm
Both of their employment periods run until May 15, 2018.
"Snap Out Of It"
"holding on to a concept, for the simple reasoning that one wants it to be true' ? ... Is, In (your) Opinion, A Waist Of Time' ... ("wishful thinking"' is not a reality in (your) "financial" world) ..."
I've been asked to relay this message to cura asada from det_sherlock
To cura asada
Fm det_sherlock
Cura - I have long wondered if these "Great Western" entities have anything to do with the potential acquisition of Great Western Bancorp. you posted about. So I pass this along, FYI.
WMI acquired two "Great Western" units, as shown on their list of subs below.
If I recall correctly, JPMC lists several of its major units that operate from Chatsworth, CA. Are these servicing units JPMC picked up from WMB, or are they misappropriated property of WMI that are expected to be returned?
If they're expected to be returned in some fashion--liquidated by the LT, might WMI bid on them, and merge them with an acquisition of Great Western Bancorp.? This sounds impossible, due to the "debtor assets not to be returned to reorg'd company" provision.
But if you recall my Boardpost posts on the Penn State (?) study and another one that clearly spell out some "possible" outcomes of a negotiated settlement with the FDIC that include the idea of allowing the harmed company to buy-back some of its assets (in an open bidding process).
True, assets are not to be returned to debtors--but in a special situation, the FDIC might just correct some of its "errors" via a "negotiated settlement" with WMI.
FYI, for what it's worth.
det
----------------------------------------------------------------
1997 WMI acquisition of Great Western Units:
Great Western Bank (1919–97) - Wikipedia
https://en.wikipedia.org/wiki/Great_Western_Bank_(1919–97)
Jump to Acquisition by Washington Mutual - Great Western Bank was a large retail bank that operated primarily in the Western United States. Great Western's headquarters were in Chatsworth, California. At one time, Great Western was one of the largest savings and loan in the nation, second only to Home Savings of ...
Headquarters?: ?Chatsworth, California
Area served?: ?California?, ?Florida?, ?Washington?, ...
Industry?: ?Banking
Great Western Accepts Rival Takeover Bid - The New York Times
www.nytimes.com/1997/03/07/.../great-western-accepts-rival-takeover-bid.html
Mar 7, 1997 - Great Western Financial, moving to thwart a hostile takeover offer by H. F. Ahmanson & Company, said yesterday that it had agreed to be acquired by Washington Mutual for stock worth $6.6 billion in a deal that would create the country's largest savings and loan institution. Washington Mutual's offer, which ...
Great Western Accepts Washington Mutual Deal - WSJ
www.wsj.com/articles/SB857681454152985500
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EX-21 14 a2182890zex-21.htm
EXHIBIT 21
WASHINGTON MUTUAL, INC. DIRECT AND INDIRECT SUBSIDIARIES
Great Western FS Corporation
Great Western Service Corporation Two
SOURCE - POST-SEIZURE SUB LIST, pg 22:
http://www.kccllc.net/documents/0812229/0812229081126000000000005.pdf