Monday, July 21, 2014 3:45:39 PM
Why?
110 billion in withheld loans during bankruptcy (with a possibility these belonged to WMI)
Assets way more than liabilities, when wamu was shut down.
Actions, actions and actions!
TPS was willing to take their claim all the way to Supreme Court, but after knowing what they were settling for turned 180 degrees. And no way because they didn't have another choice, they would've fought tooth and nail to get their investment back. They got a peek by deposing EC, and learned what was behind the fence.
PIERS were promoted here, but buying of preferred and commons went on heavily even after voting deadline.
No third party suits whatsoever. Even 12 of the 20 million from the litigation are pulled out.
Susman didn't bill anything significant in 2013 (because they did their job already during mediation in 2012)
GS discovery motion is withdrawn, because of no damages. Because we ARE going to be made whole!
WMIH after more than 2 years, has little development and even less disclosure about where they're going and how our recovery is going to turn out "fair and reasonable"
All these actions and many more tell me fair and reasonable is not only coming from WMIH. It will come mainly from escrows.
100% convinced of that.
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