News Focus
News Focus
icon url

WithCatz

07/03/14 4:00 PM

#401105 RE: Large Green #401104

LG - question. What about the posit of WMIH will be capitalized long before WAHUQ holders get a penny?

How'd that work out?
icon url

The Yogi

07/04/14 4:47 AM

#401147 RE: Large Green #401104

Congratulations Large Green, AZCowboy, And Tanjazielman On Your Execellent DD!!!!!

You guys figured it out (and I agree with you totally)!!! I had initally thought that our substantial recovery for our prior WAMU Common Shares would come from WAMU's law suit against the FDIC (both Receiver and Corporate) in THJRC's Court in Washington, D.C. However, as you pointed out, there is not need to continue that law suit because everything has already been previously agreed to/settled by all parties involved. JPMC/FDIC will pay us prior Retail WAMU Shareholders the substantial recoveries in POR 7 that the SNHs were going to steal from us in POR 6. Your explainations of the facts makes perfect sense.
In any event, I just had to give "credit where credit is due". You guys have done a wonderful job of DD.
... Now back to lurking.