As I said I would, I had asked the contacts at the FDIC to answer the questions 1-7
1. Is WMI listed as a creditor too WMB ? 2.What was the total $ and estimated assets transferred to JMPC and what was left at the holding company. 3.What was the asset balance on the seizure date. What specifically was transferred from WMB/WMBfsb and transferred to JPMC to date? 4.Do you have a true and accurate account of the all assets and liabilities in the P&A? 5.What was the true or estimated cash and assets at time of seizure for wmb /wmb fsb ? 6.Is the P&A closed. 7.Can wmi/wmih proceed independently of the status of receivership?
The contacts replied with the updated page. To which I replied,
AZC, if WMIH has lost the NOLS to which I agree, this is a Material Development requiring an 8K filing within 4 business days.
This just as WMIH paying of the notes was an 8K requirement BUT they have not filed it YET. This is a must within 4 business days...Where is the 8K...waiting to get all recent developments into one 8K? I posted the following earlier.
____________________________________ NO WMIH 8K (Only PR) for Run-off Notes Payoff - Why not? 4 business days -Waiting to include more material developments in 8K filing - LARGE STYLE news imminent?
AZCowboy, thank you for sharing your thoughts. Wmih start putting all the puzzle pieces together, we are close to end this journey, that's going to happen sooner than we think. IMo Thank you AZ
And who was a signature on the 3-way settlement (JPM, FDIC(C&R), DBNTC) ?! It was WMMSC, right...and what did the PAA say - the assets of the bank subs were not assets purchased...where are they then ?