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Tuesday, August 15, 2017 1:27:13 PM
Following the SEC Reported "Capital Structure" of both', the original Parent Corp (Washington Mutual, Inc.), through to the Reorganized new company' (WMIH-Corp) as a result of Plan 7's approval, ... our future is very, very, bright' ... (as, everyone waits together) ... and, there are many that are able to truly sequence and follow the documented process' ... (Yes' my LI was just restored, we will see how long this lasts') ...
Regarding WMI's Capital Structure, ... WaMu, wasn't able to be issued TARP Funding, nor was WaMu, able to be placed on the No Short List, ... "due to the fact that" ... Washington Mutual, Inc. ... WAS NOT A "Bank Holding Company" ... WMI was a "Holding Company" that happened to be allowed to OWN Two' Banks' ... this distinction is very, very, important' ...
The following is direct from the 06/30/2008' 10-Q, WMI SEC Reporting Structure just prior to the seizure of WMB and WMBfsb, by the OTS' ... and then as reported in the April, 2016 "Globic" Settlement Document, upon the action by the OTS taken, ... WaMu, was "secured within the FDIC" ...
"The Parent is not required by the OTS to report its capital ratios, and the Parent is not a bank holding company subject to capital adequacy requirements administered by the Federal Reserve Board"
Now, follow through to the recent "Q" released by WMIH-Corp for period ending 06/30/2017' and a quick review of "Capital Structure" reveals the same' ... WMIH-Corp, ... is a "Holding Company" as the reorganized WMI'
What was needed, was the "Settled Results" that we' have all now experienced in the multiple WaMu Litigation's ...
AZ
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