~ BoardDork, Thanks’ Lets Just Get These “Cases Closed” ~
I’m in the camp that has seriously studied the “Docket”, and wants B Rosen to “finally” submit to close these WMIIC / WMI Bankruptcy Cases on 10/31/2019’, ... and as was stated on the audio ... hopefully we will get Judge Walrath to finalize ...
The “TPS”, ... and their ”pro-se” objectors and obvious sympathizers, ... Have “Never” wanted to share their Plan 7 Trustee Managed “Cash” returns with the WMI preferred releasing Plan 7’ “participants” ... Never’ ...
But ? ... Plan 7’ was approved, ... and the ... TPS and the WMI preferred, became ”pari-pasu” within Tranche 6 Class 19’ ...
Separately, The “Washington Mutual Capital Trust” remains affiliated with the reorganized WMI, now “WMIH”, ... and its Liquidation Preference Point # 3, ... the “Stockholders”, ... the releasing wamuq’s, Or Tranche 6’, Class 22 ...
========================
~ Xoom, Thanks as well for reading the information, ... The numbers that are referenced, ... actually make common sense ... there is not any pie in the sky, ... nor is there any, ... 75/25 to the end of WaMu’s Values, placed in one bucket for the WMI-LT’s control ... And No, The WMI-LT can not control the related Trusts, a participants Tracking Markers, nor, will the WMI-LT Be issuing any additional LTI’s ...
One can obtain a reasonable accounting of what or how much we’re talking about by referencing the allowed “fees & expenses” and then reverse engineering them to a percentage of income allowed by each class segregated Trusts “Trustee” ...
I can see the nonsense has already began ... with the silliness being guessed about regarding a common share convertible Class 19’ ...
AZ
