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Thursday, December 22, 2016 4:00:22 PM
let me begin by saying that in my continued conclusions and opinion ? ... Yes, all is fine ...
So, where would I begin ? ... with the actual Truth' regarding the sequencing and the process ? ... or, with what is and has been being presented that simply CAN NOT happen' ... The Plan Of Confirmation' is distinct and to the point' ...
How about this ? ...
WMIH-Corp is currently, NOT in a position to move forward in any financially meaningful manner, while the original claims between WMI and the FDIC continue to remain open' ... this issue' ?, is what WMIH-Corps holdup has been' ... the possibility of the original debtors claims being able to be reignited' ...
Once the FDIC completes its settled portion of the "WMI Action", Explained in Filing # 5885, and then incorporated in to "the Settlement" (the GSA), ... with payment to WMI for "WMB and its assets" ... which allows for the separation of "WMB and its assets" from the original WMI Tax Group ? ... then the currently open claims are finalized according to the agreement'
to date ? ... only the "equity interest" in "WMB and its assets" has been released' ...
sound familiar ? ... Yes it should, because also,
to date ? ... only the "equity interest" in WMI Investment Corp. has transitioned to WMIH-Corp' ...
Simply Put, ... the hard ownership encompassing "asset values" have NOT YET transitioned for either of these two entity's, WMB or WMIIC, ... "due to the fact" ... that neither have yet to be paid for' ... either by the FDIC concerning WMB, or by WMIH-Corp concerning WMIIC'
AZ
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