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Wednesday, May 25, 2016 3:16:06 PM
TWO DISTINCT/DIFFERENT investment options and differences! The following explains some differences
THE FOLLOWING MORE THAN LIKELY EXPLAINS THE CONTINUED QUESTIONS REGARDING ESCROW SHARES! It is really this simple!
PIERS INVESTORS = Received ZERO ESCROW SHARES- ZERO NewCo/WMIH Shares
___________________________________________
EQUITY INVESTORS = Received NewCo/WMIH Shares multiple times & ESCROW SHARES
***Per Fishman in 2008***WaMu 310 Billion in Assets-Letter to Bair- Oh my, that is HUNDREDS of BILLIONS in 2008 so now at least double that!
http://s.wsj.net/public/resources/documents/WSJ-WAMU-Responsive-e-mails092810.pdf
**WaMu** A Court Filing Discussing Equity Assets Plus FDIC Filing Concerning Hundreds in Billions of Assets
***FDIC States*** Does NOT include WaMu's 299 BILLION in ASSETS. YEAH!
***Concrete Evidence***The Holy Grail***WATCH for Investor Actions
Link follows - Examiner
http://www.kccllc.net/wamu/document/0812229100722000000000002
***The Holy Grail***
The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine.
Pages 70 - 72
http://www.reorgwmi.com/documents/HearingTranscripts/08-12229-20100720.PDF
We also have in there the part (b) of what is to be retained, and that is because in
negotiations that we had with all of the settling parties, with the equity committee
last week, with the FDIC, we did talk a great deal about the concept of the retained
assets. Now, it's my position, Your Honor, that the examiner doesn't need to do
much with the retained assets other than say the assets are retained and therefore
the liquidating trust can go ahead and pursue them. They will still be there; they
can be carried through. But I understand that the equity committee is very
interested in having a neutral third party do an investigation of those retained assets.
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FDIC TRULY states HUNDREDS of BILLIONS in WaMu Assets - Yes, HUNDREDS of BILLIONS
https://www.fdic.gov/about/strategic/corporate/cfo_report_3rdqtr_15/0915_cfo_report.pdf
***Bottom of page 7***
'Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF'
Have I told you lately how much I REALLY LOVE my Escrow Shares? That love has grown immensely as we near 6/1/2016.
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