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hotmeat

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hotmeat

Re: jerrylev post# 526388

Friday, 07/13/2018 2:02:30 PM

Friday, July 13, 2018 2:02:30 PM

Post# of 730212
It's similar to the situation where the FDIC seized WMB's assets and WMI was left with the stock which they abandoned to create the NOLS. 100% of 0 = 0. The major difference between WMI/WMB and WMIH/WMIIC is that rule 554 of the Bk Code (mordacai's post) protected WMI's Debtors interests in WMB assets. That does not apply imo to WMIH being a non-Debtor and non-bankrupt entity.

FACTS...NOT EMPTY RHETORIC!!!

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