Saturday, December 24, 2016 3:58:15 AM
https://en.m.wikipedia.org/wiki/The_Vanguard_Group
The Vanguard Group is an American investment management company based in Malvern, Pennsylvania, that manages approximately $3.6 trillion[1] in assets. It is the largest provider of mutual funds and now the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock, with about $451 billion in ETF assets under management, as of March 2015.[4] It offers mutual funds and other financial products and services to retail and institutional investors in the United States and abroad. Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors,[5] the popularization of index funds generally, and driving costs down across the mutual fund industry.[6]
So we have the Top #1 Blackrock & #2 Vanguard involved in WMIH & we still believe nothing will happen? Think again!
PS: Eugene Davis mentioned at last Shareholders Meeting if no deal was announced by the next annual meeting we could fire them. They have much more to lose than we do... even though their money is bonus money... still quite a chunk...
Add to that 154 Institutional Holders of WMIH & we have something coming for sure... in 2017!
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