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Post# of 729954
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dmceng

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dmceng

Re: BBANBOB post# 592324

Sunday, 10/20/2019 8:10:13 PM

Sunday, October 20, 2019 8:10:13 PM

Post# of 729954
BBANBOB,

Yes, the holding company usually owns the brick and mortar. It is done this way to protect the holding company from any bk of any sub it owns from losing this important asset. WMI had a huge stash of assets (Land, buildings, etc. All should be coming back to markerholders (eventually).
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