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Re: lodas post# 718761

Friday, 11/10/2023 7:28:01 PM

Friday, November 10, 2023 7:28:01 PM

Post# of 728594
You are right and not wrong with your understanding and I see were you’re at with it, but in my opinion, it’s those GSA Agreements between WMI, JP Morgan and the FDIC that are not explained in details. You’re in Amended Plan 7, not Approved Plan 6. It’s Approved Plan 6 where the confusion is at. (My Opinion) This is a bigger scheme than we can imagine and are lucky to be part of it. Yes, us shareholders are still part of any assets/value coming back to the Estate. You/We are Beneficiary holders of the Canceled shares of the Estate. WMB is not part of the Preferred Funding LLC. I learned the dance it’s called the Texas Two Step. Note: Where is our a Headquarter? Texas baby! As the saying goes, “everything is Big in Texas.” Yeehaw! Lol
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