News Focus
News Focus
Followers 42
Posts 7274
Boards Moderated 0
Alias Born 01/23/2017

Re: WAMUSHAMU post# 735136

Sunday, 10/13/2024 11:13:45 PM

Sunday, October 13, 2024 11:13:45 PM

Post# of 749756
you are putting words in my mouth...lets be fair... the judge, the creditors committee, headed by Willingham and Susman never challenged him on his statement, nor in all these subsequent years, a lawsuit was never made against him for lying...the fact is WMI held 7 Trusts that were subs of WMMRC, plus WMIIC (Wmi investment corp) which were liquidated as part of the chapter 11 which I discussed before...the 209 billion in MBS held by the FDIC are owned by the investors who bought them, plus the interest generated...WMI was already compensated for the fees they would generate to maturity as part of the GSA settlement....In no way will WMI ever see money coming back to them....Lodas

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today