Dime Bancorp Inc (fka DIMEQ)

[philipmax]

Additional thoughts to my earlier post.

As we recall, the thrust of the WMHI BK/LTW case was the false,yet upheld, claim that the LTWs were debt holders of WMHI. Under this guise, the Court permitted Arthur Steinberg to negotiate the above mentioned exchange. Since the purpose was, ostensibly, to extinguish a purported debt claim against Washington Mutual Holding Inc., Newco, could not register the tendered LTWs as acquired assets (i.e. claims against the FDIC), as this would not fit into the Court's conclusion. Therefore, I believe that WMIH (I inadvertently misspelled it on the earlier post) cannot possibly claim that it holds any LTW claims to the Award.

Interesting to see their side of the story.