BBANBOB....I have been reading about the Britany Spears Trust that was set up by her father as a result of some sort of mental breakdown a few years back.. she is now trying to get the court to reverse the Trust fund fiduciary, (her father) back into her control....she has been in and out of court with no success as yet...now here is a case where her assets were stripped from her control, and now she must fight to get them returned to her..a reporter asked the father about when he will relinquish control of the Trust, and he said "I am Britany Spears"...meaning he has no intention to ever release her assets unless by court order...so, whats my point?....assets of WMI were placed in Trust before the FDIC receivership, and there they remain...who will act on shareholders behalf to get the assets released if they really belong to the estate.\, as you proffer?....so far, they remain in Trust, and could have been used as collateral to back the Bridge loan, and , or various corporate activities..could be the Trustee is acting in the best interest of shareholders in not releasing these funds...another question... why won't the major whales holding escrow markers initiate court action to get these funds released back to the estate?..too many questions, but few answers...if you recall, WMI made the statement that they abandoned the stock in WAMU, but did not relinquish title to those assets held in MBS...so, if the stock was abandoned, shareholders equity was also abandoned.. after all, that is what a common stock is... it is a claim to the equity of the company...just kicking the subject around a bit... IMO only as always... Lodas
