Friday, June 02, 2017 12:01:43 PM
There are Active Trusts Operating as subsidiary's of WMIH-Corp (fna; WMI Holdings Corp.) ... and then there are also Active Operating Trusts, that were originally participated in, the reason for the First protective BK Filing, ... WMI Investment Corp. ... (WMIIC, filed @ 10:15pm, just one minute ahead of WMI's filing @ 10:16pm, ... slick')
The WMI-LT was a product of the WMI I, reorganization, ... registered as a Delaware Grantor's Trust, ... defined as a Pass-Through Trust (the reason you needed to submit taxing information with your class releases, prior to Feb 8th, 2012' ...
In My Own Opinion ? ... it has been active members, hirelings, or simple drones, that have been utilized by private equity' ... in attempts to discourage and sway the people' from the true reality' of what has been at stake regarding a true Return on your Investment' ...
Nothing' was ever going to be able to move forward in any meaningful financial manner, ... not until the FDIC and JPMC releases, which were imbedded within the "dual tracking" WMI II (the WMB Action) litigation, were ultimately completed' ... Now ? as has been publically announced as "Settled"
The "Trust(s)" have continued to perform' ... DB' and the updated FDIC's balance sheet are the proof' of a small portion of them' ...
Now ? ... Class 17' ... the Tranche 5, WMB Bonds' are next up as WMI II's dual tracking litigation, now announced as "Settled" actually finalizes' ... and then, it is back to Judge Walrath's Court and the completion of WMI I, Class 18' ... and then the beginning of the end' ... (finally)
AZ
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