...the whole story; with referenced flow charts and narratives.
...the State Bank theory is a tad new (like the previous theories, book value, 5-year capital loss date, abs certs, MBS's all being paid for a 2nd time the trust owners, and on), but when one looks at the entirety of the support documents available re: Declaration of James Carreon re: the structure of WMI, WMB and the banks and nonbank subs, it is clear.
Washington Mutual Bank, Henderson, NV [The one Seized] Washington Mutual Bank, WA(“State Bank”) FA ? Washington Mutual Bank, WA Commercial Bank Charter Washington Mutual Bank fsb
"In June 1995, Washington Mutual announced the pending acquisition of the Bellevue-based Enterprise Bank for $26.8 million in stock.[70][71][72] At the time of the announcement, Washington Mutual had 260 branch offices. Unlike the previous acquisition targets, Enterprise held a commercial bank charter and not a thrift charter." https://en.wikipedia.org/wiki/Washington_Mutual
mumbo jumbo, how does this apply to wmih common... you have a right to post what you want but I think all the confusing stuff you post has little to no affect on wmih... ive said this before the CC and the management team said it again, wmih is a NOL play looking for a merger to use the NOLs, a question was asked on the CC about escrows and piers and management brushed them questions off and said it doesnt apply to wmih common.. I remember you saying the NOLs were gone a few months ago and that is not the case...