Thursday, June 13, 2019 6:13:21 PM
... Let’s see, I’ll approach this from a different position ... stick with me’ ...
The Cap Trust belonged to the parent WMI ... and the interest earning distribution releases belong to the “Stockholders” ... the Releasing Class 22’s ... it’s point 3 of the Cap Trusts Liquidation Preference ...
So, ... B Rosen himself submitted that the Claims associated with the WMI Cap Trust “Debentures” continued earnings, at 5.375%, made their claim a variable number, into the future ..,
So, JUST THAT Segment of return alone after 11 years (ish), ... should make your original released wamuq’s worth in the neighborhood of $8.00 to $12.00, ... considering that only 1.215 billion (ish) released ... ask Willingham, ... I’m not the only one that understood WMI’s Cap Trust (Class 22) ... as well as WMB’s Fixed Income (Class 17) ... and read the WMI Preferreds “Exchange Event” ...
... everything is hangin just fine ... have a great day’
AZ
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