Newflow, you said and ask the following. Thanks for the continued due diligence.
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Stakeholders were issued beneficial interests in the WMI Liquidating Trust in exchange for their unpaid claims against or equity interests in the Debtors (“Liquidating Trust Interests” or “LTI’s”). The LTI’s are not transferable except by will, intestate succession, or operation of law ------------------------------------------- The following chart summarizes distributions to creditors and equity interest holders in both the Initial Distribution and as represented by the transfer to the WMI Liquidating Trust http://bankrupt.com/misc/washingtonmutual_febmor.pdf -------------------------------------------- WHAT DOES IT MEAN?
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Remember, why the PERPs tried so hard for a multitude of years to cancel and zero out equity in totality. This so they could be the very last in line AFTER the resolution and termination of the active bk cases out one year and more to avoid being contested successfully.
These were the handful of billionaires that would have owned 100% of the last in line assets that will show up after everything else is done.
Now guess what? Those of us who signed timely releases by 3/2012 will receive ALL SPOILS that were left and to be released on a timer when the time is right and we are very close to this timer allowing billions in assets to surface!
ALWAYS REMEMBER, SOME OF US ARE RIDING THE VERY COATTAILS OF THE BILLIONAIRES WHO FIXED THE TRANCHES TO BE THE LAST IN LINE TO SUCK IN BILLIONS IN SPOILS OR ASSETS!