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Sunday, 08/07/2016 9:44:21 AM

Sunday, August 07, 2016 9:44:21 AM

Post# of 730286
~ Again, ... Washington Mutual, Inc (the Parent) ... was considered a "Bank Holding Company" and as stated below, "was overseen" in its entirety ~

it is obvious that the incorrect misrepresentations will continue, however for those interested ... here is direct text from the documents presented to the Court ...

WMI's Business

3. WMI is a holding company incorporated in the State of Washington and headquartered at 1301 Second Ave, Seattle, Washington 98101. WMI is the direct parent of WMI Investment, which serves as an investment vehicle for WMI and holds a variety of securities. WMI Investment is incorporated in the State of Delaware.

4. Prior to the Commencement Date, WMI was a savings and loan holding company that owned Washington Mutual Bank ("WMB" or the "Bank") and such bank's subsidiaries, including Washington Mutual Bank fsb ("WMBfsb"). WMI also has certain non-banking, non-debtor subsidiaries (the "Non-debtor Subsidiaries"). Like all savings and loan holding companies, WMI was subject to regulation by the Office of Thrift Supervision (the "OTS"). WMB and WMBfsb, in turn, like all depository institutions with federal thrift charters, were subject to regulation and examination by the OTS. In addition, WMI's banking and nonbanking subsidiaries were overseen by various federal and state authorities, including the Federal Deposit Insurance Corporation ("FDIC").

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