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Re: Boris the Spider post# 724947

Monday, 03/25/2024 1:36:55 AM

Monday, March 25, 2024 1:36:55 AM

Post# of 727473
Boris, That is good Advice....All of our shares were in Street name for the most part with the exception of our Pre holder buddies and for sure the Brokerage firms have your personal information and will attempt to track you down even if you have closed your account. If they cant locate you they will place your funds with your State Treasuer. My original broker was Scottrade and the copies of all my releases and IRS forms that I signed when I released were passed on to TDA and then to Charles Schwab as they have a fiduciary duty to maintain those records.

FWIW.....That is the least of my worries as a Senior VP of Schwab was assigned to our accounts and has been in contact with us for the past four months out of the clear blue. The Brokers will know months ahead of us when an event is to take place. In the past few years several posters have said that the Brokers would romance those that had worthwhile amounts of Escrow shares, I received an email three weeks ago from a close friend that an account executive with Schwab had contacted him.and he is receiving like attention. Neither one of us do significant trading but we do have one thing in common, Escrow shares and our original COOP shares which we have both added to over the past 2 years.

Good luck to all that have held steadfast and remember WMI only placed enough assets in the Reorganization to pay off the bond holders and related expenses. Those that say otherwise are only telling half truths and are not your friends. I personally expect to see significant gains in 2024. Best pf luck to all of you that had Escrow shares and had sense enough to sign releases.

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