~ Johnny' ... Wow', That Means A Lot Coming From You ~
Thank You' for that acknowledgement ... I have always followed You' as well ...
Once we' survived the Plan 6 failure in 2011' ... I knew we' would ultimately be financially OK' ... once I was able to secure my Plan 7 participation' by releasing everything' ... (19's, 21's & 22's) ... Yep, I knew this was a money maker and it was game on for me' ... after averaging out my Holdings with new company buys at 50 cents (ish) in 2012' ... I then I began loading up the turnip truck with WMB Fixed Income Securities between Jan 2013 & June 2014 purchased on the secondary market' ... They were NOT easy to acquire' ...
S. Landefeld initially opened up my curiousity' ... he then lead me to T. Lehmann, and the WaMu financial generating machines being produced, known as ABS-Certs, (Trusts) ... again, being produced in large numbers out of two locations ... Vernon Hills, IL. and Seattle, WA ...
Then ? ... I acquired a powerful letter written by OC in 2009, and back tracked it to, ... EC & MW' ... along with the D.C. dual track' ... The Euro WMB Noteholders were out for a bucket of ... debtor blood ... and weren't going to put up with any SEC, OTS, FDIC, or WaMu debtor attempted BS' ... these 120 accredited investors (119 with 1 holdout) ... were and still are, the real deal' ...
Rosen tried to get these Euro Noteholders to accept a Class 12 general unsecured designation, ... and the WMB Noteholders responded to the debtor in legal fashion telling the debtor, ... "To Go Pound Sand" ... They' then Forced' ... proper and legal subordination' ... ALL Creditor classes were to be addressed FIRST, prior to moving forward' ... as now revealed as Plan 7's attachment H' ... Tranche 1 through Tranche 6 ...
WaMu was a multiple level financial leviathan back in 2007 & 2008' ... Today ? ... The accumulated interest returns, generated by the numerous (hundreds) Trusts' ... should be in the stratosphere ...
Thanks Again' ...
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