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Wednesday, August 17, 2016 10:54:25 AM
Hopefully, everyone has had the time to form a basic understanding of the length of time needing to be taken, due to Washington Mutual, Inc. being legally considered in its entirety, ... "A Bank Holding Company" ...
Also, ... hopefully, many involved have taken the time to review the TWO' Bankruptcy process, legally able to be utilized in 2008' to separate, WMI's value of participation within income producing Certs' held in its own Corporate Sub' ... WMI Investment Corp. ... secured FIRST, for an eventual reorganized company' ... (I believe my Dec 2015' research remains here, on the bulletin board)
Then, ... What an Asset-Backed Security Certificate is actually comprised of and its own separate Corporate Structure ...
Considering what Gene Davis referenced in the recent 06/02/2016 shareholder meeting, ... referencing a 90% possibility of movement by years end' ...
Finally, ... Here, is what is important' ... as was recently filed in 10-Q SEC Reports, on 06/30/2016
From JPMorgan = (the "Firm")
"The Firm, Deutsche Bank National Trust Company and the FDIC have signed a term sheet to resolve (a) pending litigation brought by Deutsche Bank National Trust Company against the FDIC and JPMorgan Chase Bank, N.A., as defendants, relating to alleged breaches of certain representations and warranties given by certain Washington Mutual affiliates in connection with mortgage securitization agreements and (b) JPMorgan Chase Bank, N.A.’s outstanding indemnification claims pursuant to the terms of the Purchase & Assumption Agreement. The term sheet is subject to FDIC Board approval, finalization of settlement documents and certain judicial approval procedures"
From WMIH-Corp = (they' just simply forgot ( ? ) - to acknowledge their documented ownership of the "equity interest" in WMI Investment Corp.)
"Our wholly owned subsidiary WMIIC has no assets or liabilities and we are beginning the process of dissolving this entity"
Yeppers, ... most of us' already knew about the - no assets / no liability ... thang' (duh) - Everyone - is waiting together, ...
AZ
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