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boarddork

09/08/16 12:52 PM

#461598 RE: goodietime #461592

uh, no, that's the public case, lol.

WMIIC intentionally and strategically filed Bankruptcy #1 securing its interests in private, behind corporate veil, (no creditors=no prying eyes) minutes before its holding company WMI filed Bankruptcy #2 with the EXTREMELY public $32B in assets.

By design. Meanwhile, All safe harbor and legally isolated assets and interests had been secured privately in Bankruptcy #1.

Great magic show by the worlds top bankruptcy strategists, now for the benefit of those who released.