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Re: AZCowboy post# 690467

Wednesday, 06/29/2022 9:43:57 AM

Wednesday, June 29, 2022 9:43:57 AM

Post# of 731791
~ WMB "and its subs" were seized and transferred to JPM as the FDIC designated' "custodial" receiving bank, ... "WMI's financially producing subs" ... were NOT allowed to be seized, nor were they considered in the WMI Holding Company's Filing for Reorganization ... WMI reorganized, now into WMIH' ... now with a name change', using NasDaq symbol "COOP" as an incomplete Corporate Structure trading representation ~

... Now, ... L@@K at, one's release document, and who needed to be released in order to ... "Participate" ... the "Released" WMI Sub, had its contents "consolidated" into Merger Sub ... FIRST' ... the Acquisition of NationStar happened months later' ...

... NOPE' the 75/25 to the end', ... etc., etc. ?, ... Was NOT Ever A Possibility' ... None of This, ... the 75/25 to the end, ... the 299b, 100b, a $60k P' etc., etc., etc., potentials ? ... Sorry But NO', none of that was ever possible ... merely based upon sloppy and poorly researched material ... fueled by the "wmi-lt" and the restructuring component, with aid from many, many, many, others' ... all to confuse and misrepresent the facts' to the people', ...

in order to "Participate" ... one's submitted release documentation shows just exactly who was released, ... (it was NOT the Holding Company) ... the linked GSA explains everything', and the Disclosure Statement explained how the process was to move forward into a reorganization' as well ...

~ Understand Plan 6' "Participate" in Plan 7' ~ (link included, NOPE', ... NO guessing')

https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/wamu-global-settlement-agreement.pdf

... The WMI Holding Company', "the debtor" ... WAS NOT THE RELEASED ENTITY' ... "the debtor in possession" ... WAS RELEASED, by those original "releasing" WMI Owners' ... now, the WMIH and the Mr COOPER Groups SEC submissions have explained the entire process ...

just sayin' :)

AZ

(yes, the "wmi-lt" and the restructuring component, with aid from many many others' ... confused and misrepresented the facts' to the people', ... misleading me, as included as well, regarding the original ownership tracking mechanism' and the paid for ESC nomenclature') ... however' ... standing fast allows for a win' ...
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