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Re: stoxjock post# 584727

Monday, 08/12/2019 10:41:59 PM

Monday, August 12, 2019 10:41:59 PM

Post# of 730209
stocksjock.......coop IS WMI....those assets belong to escrow holders who own the estate...all chapter 11 did was to separate all classes for recovery ...Wmi emerged from chap 11 to Wmih, sans their assets until bk is officially ended and all releases are properly given....whatever assets Wmi held in SH are still there, waiting to come back to coop via an S4V...it makes sense, that if all the other classes have been satisfied, escrow holders of the estate must be also satisfied, either with cash , or stock in the newco, which is now coop....no one is stealing anything from any body here... A/M is being paid quite well to keep track of all assets to the penny... would you let anyone steal your assets without a fight?.. the fact that Wmi never filed a lawsuit against JPM for those SH assets, is because JPM never got them...Wmi made that quite clear when those assets were seized by the FDIC-R...nothing in the transfer of those assets to JPM implied that they were the property of JPM, only servicing rights, in which every penny is accounted for.....Lodas
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