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Re: camaro4me post# 454981

Friday, 03/30/2018 3:34:40 PM

Friday, March 30, 2018 3:34:40 PM

Post# of 797453
Can't believe we didn't figure this out sooner! It's incredible the similarities we have with Washington Mutual Holders. Common holders become owners of the new Shell LLC, while Preferreds get the Newco (Utility Model) and quarterly dividends.

It's ridiculous this was outlined in HERA and no one caught it sooner. Thanks so much for helping bring this to light.

Now we know Commons fate -- we become a new version of $WMIH. This is an exciting development for the holiday weekend!