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Re: AZCowboy post# 726485

Saturday, 04/20/2024 1:09:24 PM

Saturday, April 20, 2024 1:09:24 PM

Post# of 731279
this post is bull sh*t, and is full up to your boots..... read the WMIH 2013 10-K..... WMIH states on record to the SEC, by independent auditors, 1 year after the chapter 11 closed that..... "wmih presently has no court cases to retrieve former assets". !!!!!!!... that was 11years ago, and WMI, now WMIH has not filed any lawsuits in connection to retrieve any assets taken from them.... the GSA allowed WMI 6.5 billion dollars , plus 5.98 billion in NOLS for abandonment of their assets taken by the FDIC, and all cross claims against each other were given releases for their claims.... JPM got 600 million for MBS soured put back loans, WMI got 6.5 billion to abandon the equity stock in WAMU, plus the NOLS in exchange for the abandonment of its 20.7 billion in shareholders retained earnings...WMI tried to sue the FDIC for illegal confiscation of assets, but the case was denied because WMI could not substantiate certain claims that were made... The case before judge collyer was stayed, pending the outcome of the results of the GSA hearings.. no ruling on the case was ever made when the GSA agreement was ratified...you are not a shareholder in WAMU, with no rights to any assets of WMIH.... it says in the chapter 11 closing that , "Title to all assets belong to WMIH, FDIC, and JPM..." in closing my post, I note that many of your statements have question marks, hyphens, etc., as if you are unsure of your statements... post a link to this so called preferred managing sub, when WMI stated that common equity and preferred shares were "cancelled, extinguished, and all rights to the prospectus is null and void....are you suggesting that WMI was lying when they made that official statement?. and that these instruments are still, or will continue to be paid out?....by what mechanism can WMI cancel these equity instruments, and still pay them on another venue?....your posts are bogus , and filled with hype, and innuendo made to taste good to the kool-aid drinkers, but without links, they are hearsay... Lodas
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