News Focus
News Focus
Followers 53
Posts 2734
Boards Moderated 0
Alias Born 03/11/2010

Re: hotmeat post# 544536

Monday, 10/29/2018 9:50:46 AM

Monday, October 29, 2018 9:50:46 AM

Post# of 749756
WAMU is not WMI.
WMI owned 100% of the WAMU stock, which it abandoned as worthless in the Bankruptcy in order to receive the $5 Billion NOLs.
WAMU. was purchased by JPMC.
WMILT is the successor in interest of WMI and WMIIC.
If WMI and/or WMIIC were the recipients of these funds, then WMILT has now stepped into their shoes.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today