~ Distro' YW' & NO' - None of It ~
I am not considering the Asset Backed Securities, in these WMB Note Holder "document filed" considerations at all' ... simply because the WMB Note Holders, within their submissions to the Court were NOT considering this available ... ABS Cert provided' ... accumulated returning monthly income earning stream ...
... Nope, I am only considering the WMB Note Holder' disclosed base WMI Common Share calculation, submitted as of the seizure date, predicated on the Washington Mutual, Inc. Corporate Structure revealed within the prior 10-K's and 10-Q's SEC' submitted by WMI' ...
the FDIC recently verified the existence of the Cert's ... accumulated returning monthly income earning stream ... when they recently approved the DB settlement for the alleged filing of poor performance, considering ONLY 99 RMBS Certs, with a base value of $165,000,000,000.00 ...
Yes the FDIC, upon seizing the ENTIRE, Washington Mutual, Inc. Bank Holding Company' ... was within its rights to settle this' however, as each and every prospectus reveals, ... these amounts can ONLY be obtained from the specified Cert' ... accumulated returning monthly income earning stream ... period' ...
So, ... do these DB' 99 RMBS Certs with a base value of $165 billion dollars actually exist ... ? ... obviously YES' ...
Have these DB' 99 RMBS Certs continued to perform within their designed function without collapse ... ? ... obviously YES' ...
Are these DB' 99 RMBS Cert, ALL THAT THERE ARE ? ... Nope' Not Hardly
So NO, ... Distro, my base calculations presented merely consider the Washington Mutual, Inc. Corporate Structure valuations' ... in the exact same fashion as did the WMB Note Holders, within their submissions to the Court (JMW) which put the brakes on Plan 6' ...
(rough math' ... for a uq' to receive what the WMB Note Holders submitted, roughly in the $8.00 per uq' range' ... $40 Billion dollars needed to be considered by all ... and remember' ... the WMB Note Holders, WON)
AZ
