~ LG, ... You ARE' Very Much Appreciated ~
Maybe WaMu, ... wasn't ... "Clubby Enough" ... however, ... WaMu, was extremely brilliant within their plan to secure its monthly income earning stream, held with WMI Investment Corp., for a future tense reorganized company' ... The now, WMIH-Corp ...
While WaMu, was legally able to ride out the proverbial economic storm of 2007 and 2008' under the protective custody allowed within the confines of a legally allowed, TWO bankruptcy system, ... Allowed within the Delaware Federal Bankruptcy Court' ... a Chapter 11 (reorganization) system' ...
Currently Now, ... as we all see, ... WMIH-Corp as an unfettered reorganized company, without any debt, ... and, without the baggage of the need for brick & mortar branches, a large employee base, the servicing aspects of a "Master Loan Portfolio" ... simply, a very lean, Cert generate, monthly income earning money making machine' ... as WMIH-Corp, ... Now, begins to take over as the ... Truly' ... Reorganized WaMu' ...
WMIH-Corp, ... is now truly the reorganized WMI Investment Corp., and Washington Mutual, Inc ... as the potential to be a monthly income earning structure, with the potential for a true asset-backed debt structure, ... except without any of the original "baggage', ...
WMIH-Corp(s) future, pre-planned for, was also earmarked to begin to receive the same generated Certificate and CMO monthly cash distributions, as it begins to couple its own' owned Cert' "equity interest" in WMI Investment Corp., with the same Cert "base value" ... (now, owned by the releasing tracking marker holders) ...
Now as the coupling of the value begins, ... WMIH-Corp will have the availability of the massive debt structure, a requested "Equity Certificate" is able to provide, as a participant of greater than 25% per Certificate' ...
... Was WaMu Clubby Enough ? ... maybe, maybe not' ... but was WaMu operating at amazingly genius level financial considerations' ? ... absolutely' ...
it's all good' ...
AZ
