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Re: A deleted message

Monday, 05/27/2024 12:30:08 PM

Monday, May 27, 2024 12:30:08 PM

Post# of 729701
again, you are playing the piano between the crack between the keys!!!.... the 2013 WMIH 10-K says that WMMRC liquidated 7 Reinsurance Trusts, as well as WMIIC liquidated assets to place in the WMIL-T for disbursements to Creditors in the chapter 11 reorganization...RIGHT!!!... do you agree on that?... if not, then the discussion ends there...... in addition, WMI states that .......ALL ASSETS REPORTABLE, AND NOT REPORTABLE WERE DISCLOSED TO THE COURT..... do you agree on that statement?.....if not, the discussion ends here.....so, how much money was liquidated from WMMRC, and WMIIC?..... Doreen Logan, a trust administrator says in her E-Mail to CWG (this is the closest admission to the public of any source of information from WMI), that WMI paid out over 1 billion dollars to A/M to restructure the finances to bring WMI out of chapter 11, AND PLACE ABOUT 495
MILLION DOLLARS IN THE WMIL-T FOR DISBURSEMENT TO CREDITORS!!!!!,,,, so, again, WMI liquidated at least 1.5 billion from their trusts holdings...now, JPM got 650 million from the GSA out of WMI estate for soured put back loans... so , thats about 2 billion taken from WMI estate...again, WMI cancelled and extinguished 20.7 billion dollars in shareholders equity to settle the GSA...right?.....so, now we have 2 billion plus 20.7 billion, or 22.7 billion missing from WMI estate... does this number sound familiar?... WMI disclosed in bankruptcy court 32 billion in assets- 8 billion in liabilities, or 24 billion dollars in equity..... my point?... the 2013 WMIH 10-K states that WMIH had 34 million in Trust, not billions as some say on the message board... do you believe that WMIH auditors are going to lie, and publish to the SEC phony documents when THE WHOLE WORLD HAS BEEN WATCHING FOR WHERE THIS TREASURE IS????????.....here is the bottom line.... Kerry Killinger and his BOD ran WAMU into the dirt, and caused the company to go into Receivership, and WMI to go into chapter 11 with a stated equity of 24 billion dollars which was subsequently written off, and whatever remainder was used to pay creditors and fund the A/M for restructuring....WMIH was worth a mere enterprise value of 76 million dollars by forensic auditors who filed the 2013 10-K....this is the "song" that comes out of the piano when they keys are struck properly, and not between the space between them..... read the documents, as they are written, or get a lawyer if you do not agree....by the way, my posting name is Lodas, not loda kb..... show some respect
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