InvestorsHub Logo
icon url

AZCowboy

10/25/19 10:18 AM

#593029 RE: Windfall Magic #593023

~ Windfall, This Is How I View These Issues ~

A Released Class 19', ... can only be in receipt of, what it was originally specific to' ... a WMI Preferred and then Court Ordered To be a combination of the TPS REITs, and again an original WMI Preferred' ... so, the TPS REIT Cash and the WMI preferred Covertibility' option ...

A Released Class 22', ... is a direct derivative of the original WMI common share estate ownership, ... the only actual numbers I have found are those associated with the Judges approved, signed, and backdated "Stipulation" associated with the WM Capital Trust, which was not a considered part of either the BK's or the reorganization' ... the WM Cap Trust was a prime example of a segregated financial institution ... the PIERs were merely a debt offering' ...

... "WMIH" is the current and present tense, WMI', now reorganized parent corp., ... and a released wamuq' Class 22, was an original owner of the entire WMI estate' ...

and the TRUSTEEs (plural) were and will remain in a legal holding pattern, ... "Until The Cases Are Closed" ...

ADDED; regarding your question of the "interest", ... the interest generation is the reason Judge Walrath approved the original claims as ... variables' ...

AZ