Hi AZ, Do you think the money you received was from the GLOBIC settlement (DB as administrativeTrustee) ? i.e. from beneficial interests from bonds managed by DB as Trustee, on behalf of many other accredited investors, Wells Fargo, etc.?
I've been trying to think of reasons why you're getting funds and everyone else is not....Whereas both are true statements, in order to get my arms around what is coming, or not yet.
I've just reread the GLOBIC settlement and the Declaration of Mr. Zifkin of Compass Lexicon. Also noted was that Wells Fargo is on the service list, among many others. WF being who you hold and received funds through.
I've gone through the complete list of Cusips listed in the DB settlement, in search of the original WMI commons cusip which I can't find listed. Which leads me to think what money you received from WF isn't Commons related as your bank agent related to you?
However, knowing you have bonds holdings I can't help but think that maybe your bond cusips are listed on the DB Global settlement, and thus the $3B reward that DB received on behalf of the 'harmed' bondholders like yourself, that you have finally received your relevant portion of the $3B shared globally amongst the thousands of other accredited bond holders?
All in all, I really think it's a positive sign that the ice dam is finally cracking and breaking up on the WAMU river, and that the future is bright as previously frozen legacy interests begin to trickle downriver to all. I guess I'm wondering if the reason you received money and noone else, is related yes, but more tangential? Running in parallel?
After over 15 exhausting years of blowing in the WMI wind, I need to find a clear understanding of what, to have a realistic expectation of 'when'.
Thanks for your thoughts always, and thanks for your bank updates knowing the $%^$%^show that would follow!
