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Sunday, April 15, 2012 7:39:15 PM
I am not an accountant or tax professional. With that said, there is no wonder why Rosie was trying to zero out equity so bad and also proof he was planning on doing it from the planning stages of pre bankruptcy filing and that is they never audited or kept quarterly financials of an ongoing corporation that had money coming in and going out. Actions again here are very telling, so my point is now that WMIH is out of the bankruptcy court with an effective date of March 19th, 2012 with equity intact, it would seem the audit would have to go back and pick up where the last quarterly report was filed and my guess that is the second quarter ending of 2008 since the corporation filed a scam bankruptcy filing on or around 9/26/2008.
When the auditors put this company records back together, it will show WaMu was not only solvent but exactly where the monies went, both in and out. Now is this why Mr. Charles Smith is still acting C.E.O. to get the company past the crucial first six months post effective date of March 19th, 2012, to avoid more charges of fraud, corruption, not filing crucial 1934 ACT- S.E.C. documents, malpractice on Weasel/Gotcha/Mangle? If one GOOGLES post chapter 11 fraud, you will find out this whole travesty can be brought back into court if bankruptcy fraud if found within six months post effective date. Now of course we know the connections of a Charles Smith and not to mention the other Criminals. I find it hard to believe that an actual audit can be accomplished without going back to the last filing of the corporation in mid 2008. If they do anything short of this full audit, then WMIH might be facing very strong headwinds in the future.
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