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Re: dmceng post# 439536

Monday, 10/26/2015 12:49:42 PM

Monday, October 26, 2015 12:49:42 PM

Post# of 729922
WMI (non-reorganized WMI) couldn't abandon their stock in any other subs even if they wanted to. Their other subsidiaries were stolen (officially recognized as being seized) by the FDIC and sold to JPMC.

Those subsidiaries retained their rights to the property/equipment as per Global Settlement Agreement (so as to maintain business).
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