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Re: Large Green post# 534000

Sunday, 08/19/2018 1:35:56 PM

Sunday, August 19, 2018 1:35:56 PM

Post# of 749756
WMIIC: WMIH owns the shell, and the releasing shareholders own the filling.
If there had been anything left in WMIIC when it was dissolved, which I doubt, it wold have gone to the LT. But - as I said - I doubt there was anything left.

And WMIH was hardly an empty shell. It had $5.8 billion in NOLs that were enough to attract NSM to do the deal. Imagine the price advantage those NOLs provide. They allow the merged company to penetrate new markets.

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