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AZCowboy

03/05/19 8:43 AM

#562219 RE: LuckyPanda #562177

~ LP, The Following, May Help Answer Your Question Regarding Class 19 ~

If you use a "Direct Broker", not a third or fourth party removed provider, ... your broker will allow, as mine does, unlike a TPS Series, ... Your Class 19 "P"s will show on your back screen, that they' are supported by a Series R WMI Preferred Funding Trust III, ... Unlike the TPS Accredited Investors, your purchases were made on the Secondary Market, as mine were'

I choose not to argue or debate with some' regarding the Dual Track and the result of Both DE. and D.C. Settled Litigations, for my own time related reasons, however, in an effort to properly answer you' I believe the best description of ~ Know What You Own ~ comes direct from the Filings, ...

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FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 2008 (September 26, 2008)

https://www.sec.gov/Archives/edgar/data/933136/000089375008000495/form8k.htm

Item 1.03. Bankruptcy or Receivership.

On September 26, 2008, Washington Mutual, Inc. (the “Company”), together with its wholly-owned subsidiary, WMI Investment Corp., commenced voluntary cases under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware. The chapter 11 filings were a result of the appointment, by the Office of Thrift Supervision, of the Federal Deposit Insurance Corporation (“FDIC”) as receiver of Washington Mutual Bank, Washington Mutual, Inc.’s banking subsidiary, on September 25, 2008.

In its chapter 11 petition, the Company reported that the amount of assets reflected on its books and records was $32,896,605,516. However, this amount includes the Company’s common stock interest in Washington Mutual Bank, which is currently in receivership and the assets of which have reportedly been transferred to JPMorgan Chase & Co. or an affiliate. The FDIC, which was appointed the receiver for the bank, indicates on its website that it does not anticipate that there will be any recovery to the Company for that common stock interest. In addition, the Company and its non-bank subsidiaries had approximately $5 billion of cash on deposit with Washington Mutual Bank and its bank subsidiary, Washington Mutual Bank fsb, immediately prior to the time the FDIC was appointed as receiver. The Company is in the process of confirming the status of those deposits and of its other assets.

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On September 29, 2008, NYSE Regulation, Inc. (“NYSE Regulation”) notified the Company that it had suspended the New York Stock Exchange (“NYSE”) listings of the Company’s common stock (NYSE:WM), the Company’s depositary shares each representing 1/40,000th interest in a share of Series K Perpetual Non-Cumulative Floating Rate Preferred Stock (NYSE:WM PR K) and the Company’s 7.75% Series R Non-Cumulative Perpetual Convertible Preferred Stock (NYSE:WMPRR), effective immediately. The NYSE posted a press release on its website stating that NYSE Regulation’s decision to suspend the listings was reached in view of events described under Item 1.03 of this Current Report on Form 8-K, the substantial reduction in the scope of the Company’s operations as a result of JPMorgan Chase & Co.’s acquisition of all of the deposits, assets and certain liabilities of the Company’s banking operations and the “abnormally low” trading price of the Company’s common stock, which traded as low as $0.15 prior to the regulatory trading halt in the Company’s securities at the NYSE market open on September 26, 2008.


Item 8.01. Other Events.

On September 26, 2008, the Company issued a press release announcing that an “Exchange Event” had occurred under the applicable documents governing the preferred securities (the “Securities”) of Washington Mutual Preferred (Cayman) I Ltd., Washington Mutual Preferred Funding Trust I, Washington Mutual Preferred Funding Trust II, Washington Mutual Preferred Funding Trust III and Washington Mutual Preferred Funding Trust IV. In connection with the Exchange Event and in accordance with the terms of the documents governing the Securities, the Company effected an exchange (the “Conditional Exchange”), effective as of September 26, 2008 at 8:00 A.M. New York time, of the Securities into depositary shares representing a like amount of preferred stock in the Company.

A copy of the press release issued by the Company announcing the Exchange Event and the Conditional Exchange is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

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The Tracking Markers you received for your submitted release at the Plan 7 reorganization, continue to maintain and realign you with the financial instruments that you had originally owned' ...

... IMO, it has been the WMI-LT that has been the nucleus for the confusion on this and many other issues ...

It has been my conclusion and opinion that much of the poor and misleading information has been generated, fueled, and then maintained, by the same group that began the blocking and delaying mechanism back in 2009', and then were carried forward at the reorganization ...

As Many of the old timers will remember, my study of S Landefeld (The Executive Vice President of Washington Mutual Inc., as well as the signer for Both' of the WMIIC & WMI Bankruptcy's), was an integral part of my early study, research, DD and document sequencing ...

~ Don't Trust The Trust ~

~ Study The Documents And The Process ~

~ The 75/25 ratios are limited to a RE-Distribution of the WMI-LT's Remains "Only" ~

AZ