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Loads,
“Any right we may have to receive assets of a subsidiary upon its liquidation or reorganization (and the consequent right of the holders of the debt securities to participate in those assets) will be effectively subordinated to the claims of that subsidiary’s creditors, except to the extent that we are recognized as a creditor of a subsidiary, in which case our claims would still be subordinate to any security interests in the assets of the subsidiary and any liabilities of the subsidiary senior to liabilities held by us.”
I don't think anything was By Mistake,everything is Calculated and Planned. Period.
Hence, Project West, Project Eclipse, Project etc.. etc...etc...
Nothing is by chance, remember WMI's Subsidiaries consisted of bank and Non bank entities of which some, if not all, needed licenses and other permits to do everyday business hence, "bridge bank(s)/company(ies)."
With the WMI Tax Group List being released, we'll finally know what belongs to WMI.
Ok, thank you for responding.
Ok, thank you for the response.
Read again... I'm not saying he does, the filings do..
And how sure are you about who works and who doesn't work because 10 years of this Cloak and Dagger, Hide and Seek BS has everyone Confused.
Good morning Everyone, as I was reading WMILT's filing, some wording has left me with more questions and maybe this has been discussed but has anyone else wondered why is WMIH/NATIONSTAR keeping certain WMILT Officers as Advisers?(Ultimate Insider, William Kosturos?). Also, Susman and Godfrey's Edgar and Justin were Attorneys for the WMILT.
Do they still work for WMILT is my question?
I just want to know if anyone else questioned that?
Well, certain officers of WMILT will Still remain as Advisers to the New Company NationStar. Any reason why?
Escrow, that's is an unfair question for DM, unless DM is working the bankruptcy and closing it out and we don't know about it, but No One Here Knows That Answer... No One Really Knows What's Going On, unless they Have Direct Dealings with the Bankruptcy Proceedings and If DM shares that Non Public Information, DM is Subjected to losing his Profits, assets seized, sued and Jailed. Now do you Think Anyone in the Know is going to take that chance because "The Wife"’ keeps asking, No, I don't think so. I hope this Helps you both because you are going to Drive yourselves crazy. Take Bbanbob's advice get some cake, take a chair and wait....it's almost over.
What does Dell have to do with WMIH? Why would the updated information of WMI subsidiaries list under WMIH?
I find it really odd that the updated information list WMI's subsidiaries under WMIH
I typed in New American Capital and it Shows up as a Subsidiary of Marcus Cooper Group, I hit the hyper link and WMIH and a list of WMI subsidiaries: Wand Merger Corp, Nation Star, Washington Capital Trust, Longbeach Mortgage Corp, Great Western Finacial Trust III, Washington Mutual Home Loans inc, Washington Mutual Inc., Asset Management Arm, Washington Mutual Preferred Funding Trust IV, Washington Mutual Preferred Funding III, Washington Mutual Preferred Funding II, Dime Capital Trust I, Murphy Favre inc, Great Western Financial Trust II, Great Western Financial Trust I, Washington Mutual Preferred Funding I, Washington Mutual Capital I, Washington Mutual Preferred Funding( Cayman) I LTD.
Good morning, maybe this has been asked and answered, but does anyone know if WMB still remains on WMI's Tax Group?
Thank you in advance!
Remember there is No Limit on the amount of Exchanges. They can do it again and again and again...etc....
Crying to other board members does not accomplish anything.
Stop Complaining and Do something YOURSELF! DO YOUR OWN (Dee Dee!)
Call the FDIC Yourself
Call WMILT Yourself
Call Wmih Yourself
Call Honorable Judge Mary W. Yourself
Then Post your findings Here so the rest of the DooLittles can knock Your Hard Work and Dee Dee to the Curb and say it's Non Sense but Hopes and Dreams and Ridicule you For having An Opinion but It's People Like You who are Emotional and Ask for Answers that Other Volunteers who Try to Interpret the Vague, Incomplete or Non existing(non public) information.
It clearly states, authorized shares reduction from 3,500,000,000. To 300,000,000
That Theory is Dead, mind you WMIH/Nation Star have No Connection To Escrow! PERIOD!!! That is a WMILT ISSUE!!!
In your dreams, those days are Long Gone!
The Numbers Don't Lie! Maybe the Next Housing Crisis but that's in 20 to 25 years in the future.
By reducing the number of Authorized Shares, it makes it difficult to borrow against, hence No Shorting of the Stock.
Yes but I've witnessed reduction of authorized shares only to then file for more shares sometime in the near future. I hope this does not happen here.
Yes Thailand is Beautiful and the Native are so Welcoming.. I went on a 30 day Holiday and I long to return.
Beautiful! Is that Thailand, Cambodia or Philippines?
Just like YOU have Your Opinion referring to Lodas, Others have Their Own Opinion with the Vague and Obscured Information Given. You Need the Whole Algebraic Formula to give an Accurate Answer and We Do Not Have That. I do believe there are Moles who's sole purpose is to keep Us chasing Our Tails. Tactics used to Separate Us! WE ARE NOT WELCOMED, BILL SHOWED ME THAT!
He has No Clue! He's been posting that message with no facts. But just like Ginseng his prediction will come true One day. Sakkkiii!!! Lol..
February 13, 2018 hurry!
Look at the reason behind it. They want to sound more Personable to Lure in more Millennials. There's a video over a minute and 40 seconds long explaining the reasoning behind the name.
They do whatever is best for them.
Yes you are correct, it is in better shape, it's no longer Empty. At first the ride was extremely bumpy, but after 10 years of learning from "You All", I did my fine tuning and now I'm Enjoying the Ride. Thank You! You also Enjoy, hope to meet you and many others when the time comes...
These, "In the Dark Predictions" only sets up Most small Shareholders for disappointment and more bashing for their failures on Capitalizing. What happens if it drops to $1.25($15.95NSM)
Are You Ready for That?
BBANBOB, I got this from NationStar's press release.
Nationstar shareholders will own approximately 36% of the combined company and WMIH shareholders will own approximately 64%.
I Too, found his Presence Here "Suspect"!
Also, Do You Really Think THEY DID ALL OF THIS FOR A $10 STOCK???
ASK YOURSELF!!! WHO PLANTED THAT SEED?
LG, I Thank You As Well. There were many days when I was going Bananas and Your Post Helped with either leads, encouragement or just a positive message when it was really needed.
Thank You 2!
AZ, thank you for All of what you do. I truly Appreciate It. I still would like to Thank You in Person some day and Give That Hog you had mentioned way back when on the yahoo board.
To my understanding, Non accumulative means no accumulation of Dividends. Period.
Yes there is, the 1031 Exchange explains it All. The Assets are Recognized but they are Not Realized. They Are There.
Also look at the Origin of the Exchange and exit of Bankruptcy and then look at the Origin of NationStar and birth of Mr.Cooper
Is it Coincidental or just Chance, now that I wonder...
I noticed that as well, nothing on NPB either.
Yes I heard that at the meeting as well. By chance did you attend the meeting?
Newflow, they did not give a specific timeline but did insinuate that it will be sooner than later. If that helps.
My Apologies Mr.Penny, I should have asked if there were any message board members so I could have thanked you personally.
One of the Shareholders ask the CEO for Pizza. That was the inside news.. lol
BBANBOB, were you at the meeting? I did attend.
They used the 1031 Exchange for that. Look there(1031 Exchange) that's where it's hidden, the value is Recongnized but not Realized. Also it keeps the Assets from being Taxed.