BB,
I like your story. I will just add some of my expectations.
DON'T FORGET THE THJMFW. ( FAIR & RAISONNABLE )
JPM GOT HIS PART OF THE DEAL AS LOW AS 7.9% VALUE.
WMIH actualy, got nothing to be able to handle a finance business.
With NMS he is acquiring a full business operation.
WMIH has noting to invest, except shares.
The WMILT will get back all the left over of this BK and will offer it first to previous Owners. AT WHAT PRICE?
To be FAIR & RAISONNABLE it will be at the same rate JPM got it.
Around 7.9%
If this have to be CASH.( I don't think so) NMS and his back-up got the money.
If shares,( I think it will be ) WMIH got it.
With that said, do your calculations and will see that like every body we get our money back with a FAIR AND RAISONNABLE GAIN.
MHO W