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Thanks for stepping out on the DIMEQ thing, Voo.

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Bizreader   Friday, 12/30/11 01:22:27 AM
Re: wamuvoodoo post# 354319
Post # of 676586 
Thanks for stepping out on the DIMEQ thing, Voo.

The more I begin to understand about DIMEQ's claim the more I realize that, no matter what the moral or ethical reality is, their claim can only really be considered debt in that WMI may be responsible but isn't necessarily responsible for that payment, since their claims were jeopardized by WMI being forced into BK protection by the seizure.

I'm no lawyer, obviously.

TPS is another thing completely, but old "debts" or claims against the estate such as DIMEQs' chould disappear as easily as the many assets that were sold quietly under the radar, unless of course someone on the debtor's side wanted to keep them around for another reason.

I hope THJMW sees through all this hype and drops the gavel in favor of fair distribution for current debts and equity. I don't own any DIMEQ. It's very old business at this point!



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