So you also believe WMI and WMI Holding Co. were different??? It's the most ridiculous theory posted yet. Before responding read the nonsense posted below by.....
"WMI holds beneficial interests in ABS Trusts"
"The LT only controls property of WMI Holding Co., not WMI."
Read the WMILT motion, first page... the above (red) is utter rubbish!
25.2 Cancellation of Common Equity Interests:.., on the Effective Date, all Common Equity Interests shall be deemed extinguished and the certificates and all other documents shall be deemed cancelled.