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Tuesday, October 31, 2017 11:10:30 AM
None of this has anything to do with WMI!!!!!!!!!! Short of the loss they sustained by the loss of value of the WMB BANK STOCK!!!!!!!!!!!!!!
So with that said , one then has to surmise that according to some here that the HOLDING CO OF WMB which was WMI , had no money no assets and was 100% worthless, except for the WMB stock............
So let me see a HOLDCO holds only one asset under it's corporate umbrella worth anything and can survive for years on end with only one asset??????????????????? Which some are suggesting and that one investment was WMB!!!!!! WHERE did WMI makes it's money??????????? And how did WMI stay in business for this many years???????
IN SHORT and plain and SIMPLE STUPID WMI's assets since they have not been shown i the BK CASE OF WMI, were held off balance in protected structures to INSURE they were in safe harbor so as to be able to use to support WMB and themselves.....
WMI loaned WMB 20 bill where did that go
FDIC has ONLY to do with asset possibley left from WMB PERIOD
FDIC has nothing WHATSOEVER to do with WMI period!!!!!!! nor anything it held under it's corporate veil or in safe harbor.........
You either feel they had things in safe harbor to protect them or ya don't ,but imho we aint gonna hardly get chit if anything from the WMB seizure period............Never thought we would either
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