YES ! "So many times in bankruptcy, shareholders never get this far," said James Scott, of Seattle, a member of the committee that has represented shareholders during the bankruptcy. "For shareholders to have the chance to participate in a company that is moving forward, that could provide for some meaningful recovery down the road — it's a huge win."
Transcript 2012/02/17 - Confirmation Hearing – Edgar Sargent
"Given the situation, I think it’s all the more remarkable that we’re here today before you with a consensual plan that distributes meaningful recovery to the WMI shareholders. And I think that recovery really is meaningful.”
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