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Re: boarddork post# 464102

Thursday, 10/06/2016 6:17:02 PM

Thursday, October 06, 2016 6:17:02 PM

Post# of 749756
"WMIH's SIC code was 'bank charter' for a long time, now its SIC CODE is '6199 financial services'."

That's correct...and, (just going on memory), it was changed last year?...year before? You should know this. It was discussed as a topic on Boardpost. Azcowboy made a huge deal out of WMIH still having a bank charter SIC Code. I believe it was Sleepless that left a phone message with WMIH inquiring if the SIC code was correct or in error. A few days later the SIC Code was changed to '6199 financial services'. Just saying...it didn't just happen recently, which you seem to be alluding to.



Well, as to whether the 8-k is nothing interesting, I beg to differ.....

- WMIH's SIC code was 'bank charter' for a long time, now its SIC CODE is '6199 financial services'.

- click on other 6199 SIC code business and you see lots of ABS, RMBS, MBS, and other trusts including liquidating trusts, as I listed from that page.

- I also find KKR Financial Holdings, that KKR took private and dark a couple years ago, having the same SIC code 6199 interesting...considering their involvement in WMIH.

- IF WMIH were to inherit the non-liquid ABS that JPM (as prior bridge bank/servicer) no longer performs maintenance on, as of September 28, 2016, I find it quite coincidental now.

I could go on....

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