Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,580.06
(
0.22%
)
US TECH 100
29,506.00
(
0.28%
)
Dow Jones
51,032.46
(
0.72%
)
Brent Oil
91.36
(
0.00%
)
Bitcoin
73,749.99
(
-0.01%
)
News Focus
News Focus
Post# of 749756
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

WingedOne

Send PM Follow Ignore
Followers 4
Posts 24
Boards Moderated 0
Alias Born 06/16/2016

WingedOne

Re: muyuan51 post# 466102

Wednesday, 10/26/2016 4:59:54 PM

Wednesday, October 26, 2016 4:59:54 PM

Post# of 749756
Where is your $40B hypothesis coming from? According to the WMIIC Bankruptcy filing (on page 1) WMIIC's estimated assets were between "$500,000,001 to $1 billion."

http://www.kccllc.net/wamu/document/0812228080926000000000001

Since WMI was 100% owner of equity in WMIIC wouldn't that make it an asset to have been included in it's own bankruptcy liquidation process?

Or is it possible that these $500M to $1B assets were allowed to grow and/or mature for 8 years?
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today