~ You Are Welcome Tony', She Posted The Links But Has Obviously Never Read The Actual Documents' or Kept Up With The Docketed WMIIC / WMI Bankruptcy' Legal Process ~
Everything WaMu Related, Financially Changed, When on 09/25/2008 the FDIC seized the great WaMu, activating the "Exchange Event", which occured on 09/26/2008 @ 8:00am, which was quickly followed by the Filing of the WMIIC / WMI Bankruptcies' ... also on 09/26/2008 @ 10:15pm and 10:16pm respectfully ...
The WMIIC / WMI Filings for Bankruptcy, also activated the WM Capital Trusts, "Liquidation Preference" ...
Basically, everything financially relevant, was subordinated to the WMI Corporate Debt Structure' ... All of that has been accomplished, ...
~ Understand Plan 6 "Participate" In Plan 7 ~
... Those that released to "Participate" will be fine, ... Yes, "Once The Cases Are Closed", ... and the segregated Trustee's (plural) are able to begin functioning' ...
I always say' ...
~ Know What You Own ~
I Don't EVER say',
~ Know What You Used To Own ~ ?, and then whine about it' LOL' ...
... That ? ... doesn't matter, ... "it is what it is", ... Lets watch the "Docket", for the "Closing of the Cases"
and always remember, ... the reorganized WMI', is the present tense "WMIH" parent corp., ... That ? is also a very, very, BIG Deal
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