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AZCowboy

09/12/18 2:13 PM

#537491 RE: contrarian bull #537488

~ Nope, According to the WMI-LT’s QSR’s ? ~

”Is there any evidence or documentation or reporting that suggests there will be any more after this?”



... According to the WMI-LT’s SEC Filed QSR’s, ... That roughly $40 million in leftovers to be RE-Distributed @ 75/25, ... Should be it’ ...

... Everything Else, of true financial relevance, Would Be Releasing Class Specific’ ... and, ... WMI’ Bankruptcy Remote’ ... nothing at all to do with WMI’s, ... WMI-LT ...

WMI Owns 100% of the Equity Interest In WMIIC

AZ
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jerrylev

09/12/18 2:21 PM

#537493 RE: contrarian bull #537488

I rely on other people DD :)

If you take Dmd very optimistic forecast then he came up with 176B. He did it by adding all the MBS that are listed at the FDIC site and take 26% of it for the beneficial interest ratio.

If you use HM and Justice forecast then it is more conservative and they show some balance sheet from FDIC which shows that the FDIC retained 40B. After the FDIC paid their claimants then perhaps 24B will remain.

My crystal ball says that there will be more than 10B returned.

The good thing is that we will probably know by the end of next year.