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Post# of 749756
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hotmeat

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Re: boarddork post# 548553

Tuesday, 11/27/2018 7:16:03 PM

Tuesday, November 27, 2018 7:16:03 PM

Post# of 749756
Agreed...that's why IMO the female ex WAMU employee filed an objection to limit how the Debtors treated with WMIIC assets, which the Bk court eventually agreed to.

She may have had knowledge of WMIIC's asset portfolio and sought to prevent the Debtors from dissipating those assets without just compensation to the estate.

Could there be WMI owned residual interests in the DB trusts the FDIC settled last year, meaning we could receive a distribution from the $600M settlement?

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.

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