As payments are made to BI holders the total they are owed will obviously decrease
? but if the LT or WMIH "have/had a beneficial interest in the trust" they would have such interest in their share of such payments - and best I understand nothing has been paid to the LT by the trustees
Re: Selling it sooner could actually result in the original holder sacrificing profits since the asset would be discounted in order to cash in earlier.
This is an interesting comment.
Is it possible that the trust have to hang on to the BI for more than 6 years to generate enough money to pay us?
The seizure came at a surprise to WMI/WAMU obviously. How much money do you think WMI may have left at WMB that were not transferred yet?
The filing said that WMI abandoned WMB stock but not its claims. How much are those claims?
How about the money that WMI transferred to WMB just prior to the seizure to avert a seizure...? Is it lost because there was a lawsuit against ex WAMU exec which they settled afterward?
Are there any Safe Harbor assets that sit over WMB or are they all at WMI? I suppose that those SH assets cannot be seized.
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