~ I Believe Once One' Recognizes, "The Trusts" ~
as well as the need for the loans within them to continue to be serviced' ... (~ JPMC Only Received The Servicing Rights ~) ... {re: 2015' AZ Posts}) ... Then, the actions and ultimate legal process taken makes sense' ...
* The "Exchange Event" occurred ... Record Dated' @ 8:00am 09/26/2008, (everything' considered to be a, WMI Preferred Security', became encompassed, and again ALL' became considered to be a WMI Preferred Security)
* WMI Investment Corp., needed to initially be isolated and protected ... It's Own Bankruptcy Filed @ 10:15pm 09/26/2008, (WMIIC, was WMI's recipient of the Trusts produced' monthly returning generated "Cash", ... WMI's "piggy bank")
* The D.C "dual tracking" Litigation in Judge Collyer's Court, (which continued, post reorganization) needed to be completed, "Settled", and the Settlement Conditions completed' ... (the Globic' settlement, is now completed')
* Washington Mutual, Inc., ... After the WMI senior and subordinated notes' (Tranche 1 and Tranche 2, the WMI Corporate Bonds) ... Then ? Washington Mutual, Inc., (the parent corp), ... Actually' paid itself back at the reorganization' ... Tranche 3' ...
* The Original Capital Trusts as listed in Tranche 3' ... (Plan 7' Attachment H' Tranche 3' ... CCB' stands for "Commercial Capital Bancorp.) ... emphasis' on the word, "Commercial" ...
* Obviously everyone knows how the PIERS were used' to end Tranche 4' ...
* Tranche 5' ... equals the remaining WMB Bank Issues' ... Rule 510(b) Subordination'
* And Obviously, ... EVERYONE' that is still here, understands Tranche 6' and WHO' is currently participating within their assignment of their, individual "Released (41.6) "Tracking Markers" properly placed, per segregated security', in their accounts, ... present tense' ...
* And Also Present Tense' ? ... Is the fact that, WMIH-Corp, Is' NOW' the reorganized Washington Mutual, Inc. ...
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