WMI was not a holding company. The bank did not protect its interests. Wow 30 billion found,,,jpm wrote 29 billion off on bad loans wait how many bad loans were there....wait there were not. As holding company WMI was not smart enough to keep an interest on any of the business it created. Let’s not forget the number loans along with libor in the trillions and yet we can not think that money was not coming back