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