~ Lets "Tweek", This' Just A Bit ~
09/25/2008' ... the OTS seizes WMB, places the FDIC in charge, the FDIC transfers WMB and its assets to JPMC ...
09/26/2008' ... ALL WaMu "Legal Hell", breaks loose' ... @ 8:00am, the TPS REIT, "Exchange Event" is triggered', converting them' to a WMI' Preferred ... @ 10:15pm, WMI Investment Corp Files for Bankruptcy Protection, ... @ 10:16pm, Washington Mutual, Inc., Files for Bankruptcy Protection ...
... the multiple legal battles begin' ...
The TPS REIT series fight against their exchange event triggered, to a WMI Preferred, and LOSE' ... ultimately converting along with all WMI preferred series, as a class 19'
The WMB Bank Noteholders, refuse a class 12' general unsecured nomenclature, collect their fees and expenses for their litigation expenses in the TWO BK's as described in their prospectus, force subordination and, transition to a class 17, and ultimately WIN' ... a few years later in August of 2016' ...
JPMC, originally thinks that WMI's deposits, ... held in WMI's bank, WMB are simply theirs' ... they fight that nonsense and LOSE' ...
The FDIC makes peace with WMI in the GSA, and JPMC as allowed to be an "Intervenor" is include after the comma' ... the relevant Parties, are the FDIC and WMI' ... JPMC's part doesn't really mean diddly in the GSA ...
Plan 6' fails, ... the D.C. Dual Track is to powerful' ... The WMB 120 Accredited Investors, are ... Funded, Powerful, and Legally Right ... Rule 510' ... Subordation beyond a WMIIC WMI, filers Creditors' ... MUST be followed' ... WMB didn't file' ...
Plan 7 is Approved and Implemented on 03/19/2012' ... WMIIC / WMI, reorganize into WMIH ...
The WMB Bank Noteholders ad-hoc Steering Committee, ... continue to "STEER" the "Settlement" necessary to complete the D.C. Dual Tracking Litigation, ...
The "Settlement" is agreed to and signed off on by the relevant the Parties' ... Deutche Bank, The FDIC-C, The FDIC-R, JPMC, and WMMSC, ...
WMMSC, ... is a stand alone' entity, ... among others' and needs to sign in agreement ...
WMB Bonds, ... are transitioning to JPMC with the finalization of the P&AA as WMB moves to JPMC' ... JPMC's signature of approval covers the WMB Bonds ...
WMIH-Corps ability to use the NOL Tax Advantage associated with WMB' ... stops ... as the WMI bank, WMB completes its final move in total, to JPMC' ...
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... We' ... those of us that own WMB Fixed Income, those of us that class released, and those of us that currently participate in WMIH-Corp, ... OWN, ,.. the financial leviathan that was the Original WaMu ...
the WMB Bonds (class 17)
WMI Investment Corp (class 22)
The WMI Preferred Offering + the REIT Series (class 19)
WMMSC, services $58 billion in asset backed securities as of 06/30/2017 (class 22' and WMIH)
WMI Capital Corp, (class 22' and WMIH)
and, ... much, much, much ... more' ...
... We' ... ALL wait together' ...
AZ
AI
