...to date, escrows markers have received nothing; and the WMILT disclosures project a small recovery is possible.
...WMIH, on the other hand, wasn't 'given to equity (although IMO it was the prize of the mediated settlement), Runoff Notes were issued to pay for the retained value of the reorganized debtor; i.e., it was bought.
...comments in RED.
Desperado90 Friday, 09/09/16 10:42:07 AM Re: bkshadow post# 461692 Post # 461701 of 461702 Go
Lol, Focus.
...crystal clear.
Susman crushed Roshit and his crew of liars. We wouldn't be escrow and WMIH holders if Roshit had his way.
...see above re: each.
Now it's clear that Susman got the hedge funds shaking during the insider trading trial. They would have lost their entire claim and quickly settled in mediation.
...2 of the 4 were found otherwise, 2 remaining made a deal (with other SNH) for peanuts compared to the $7 billion in claims they were large recipients of.
...they didn't lose their entire claim; THE GOT PAID.
I can go on and on how the clowns at Weil lost.
...well, we'll wait and see.
...if nothing comes from the FDIC-R, and,
...nothing other than what WMILT has disclosed comes from the WMILT, then,
...it will be clear who lost and who won, IMO.
Remember EC won and the debtors list big time. They wanted shareholders extinguished.
...correct; and that is why equity was allowed to buy the reorganized debtor, now WMIH, with $6 billion in NOLs and more currently a large, diluted hedge fund capital availability.
...there is nothing else, and that is exactly what was disclosed by Equity.