Tuesday, November 20, 2018 9:18:20 AM
... Which IS', Considered to be a part of WMI's Subordinated Debt ...
Which IS', of course, recorded within the Disclosure Statement' ...
Which IS', of course, recorded within the Approved Plan 7' ...
Unless of course, one believes the WMI APPROVED Plan is WRONG' ?, (its not)
Unless of course WMI's reorganization NEVER Involved a recovery for WMI's allowed non-creditor claims' ?, (its not)
Unless of course that WMI' never packaged and participated in any ABS-Certs ... ? ... (duh')
... WOW' ...
(WaMu was the innovator and industry leader)
"Washington Mutual Capital Trust 2001", was the ONE Included due to the Foreign Deposit Base ... ALL of the Other ABS-Cert Trusts WMI participated in, have been held in Safe Harbor' ...
https://www.sec.gov/rules/final/33-8518.htm
"The structure of asset-backed securities is intended, among other things, to insulate ABS investors from the corporate credit risk of the sponsor that originated or acquired the financial assets."
just sayin'
AZ
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