Continuous posting of fake "FACTS" on the board would stop with a simple reading of the WMCT Prospectus which debunks this nonsense easily. WMI owned 100% of the Common Stock of the WMCT 2001 thus all benefits belonged to WMI. These profits along with those from other subs would be used to pay dividends to the company's Preferred and Common stock.
THE CASH GENERATED BY THE DEBENTURES DO NOT, AND NEVER WILL BELONG SOLELY TO CLASS 22 COMMONS...WRONG!!! The POR proves this nonsensical theory is false since it allowed Commons pari passu treatment with Preferred. All assets, IF ANY, once liquidated will be distributed to our Markers according to the POR dictated 75%/25%, not nonsensical MB posts.
Also, Wampq and Wamkq were never part of the Exchange Event(EE) nor the Preferred Funding Trusts, that's another false theory as proven by their respective Prospectus's. The Reits were created by the EE formerly being the TPS and had their supporting assets stripped and transferred to JPM. All these FACTS are available to anyone who chooses to read the relevant documents...it's quite obvious that some haven't!!!
IF I'M WRONG I WILL HUMBLY APOLOGIZE, BUT IF I'M RIGHT...WILL YOU???