"Me Thinks" does not rise to any credible source evidence...
...to support the supposition that WMI owned Retained Assets or Interests' in the WMB/Sub pre-seizure MBS securitizations.
...no links, no quotes, nothing.
...add to that, no challenge by the Creditor's Committee, the Equity Committee, or any non-equity creditor Claimants "out of the money" at any time during the entire 2008-2012 debtor's bankruptcies or thereafter.
...why?
...no such WMI interests exist or existed in such.
BBANBOB Member Level Monday, 06/29/20 12:47:14 PM Re: bkshadow post# 627790 Post #627791 of 627795
Save any replies PLEASE BUT LOL.
"""some believe are going to repaid to the former WMI shareholders from the owners of the MBS that bought and paid for them and have been receiving their principal and interest payments from applicable servicers, simply doesn't make sense."""
Guess that would DEPEND 100% on WHO HAD PARTICIPATION INTERESTS IN THOSE WOULDN'T IT!!!!!!!!!!!!!!!!!!!! Did WMI WMIIC me thinks they would have
...however, and to the contrary, are the Court filed "Schedules of Assets and Amendments thereto.
...and here they are - BTW, the penalty for making a false statement or concealing property: Fine up to $500,000 or imprisonment for up to 5 years or both. 18 u.s.c 152 and 3571.