~ Yes They Were Protected, verbatim’, “Direct & Indirect” Subsidiary’s ~
... Judge Walrath secured this issue very early on ... WMI was a Holding Company ... it’s income generated by its Corporate Structure ... obviously the Parents BK Filings put everything into a financial stasis ...
... But as I discussed with a long time WaMu friend just last night, ... From the very beginning, WMI was always going to reorganize into a new company, that was never a question ... the question was, WHO’ would ultimately survive and be a “Participant” ...
... We laughed over my presentation from the old days, ... “the road king was never in any danger” ...
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