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News Focus
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jhdf51

03/27/20 10:32 AM

#619057 RE: AZCowboy #619053

Thanks AZ. Vice grip on shares ... looking for escrows one day.

JHD
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johnlconfer

03/27/20 10:57 AM

#619064 RE: AZCowboy #619053

Thanks AZ
I spoke to the SEC yesterday they are giving the standard boilerplate response. Until I brought up some material facts that were missing from the recent financials. They are taking another look! I also asked about the 500 million shares of naked shorts of WMI stock that were never covered at our bankruptcy, they went quiet real fast. I even asked if they are investigating the broker that went on 60 Minutes and complaining about not getting his money from his naked shorts of WMI. When asked why he didn’t cover his short position his said on national TV “I didn’t know I had too”. The SEC lawyer went silent! Conversation over.

I do not know if I am doing any good but I like stirring the pot!

Semper Fi
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zeus_0100

03/27/20 4:02 PM

#619091 RE: AZCowboy #619053

LOL.
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PickStocks

03/27/20 4:33 PM

#619098 RE: AZCowboy #619053

Here is the question: ABS certs another month another distribution sure as heck not going to poop and it sure as heck not going to p’ k’s or h’s. Wait it is going to leprechauns at the end of the rainbow. Wmih was the reorg who received the worthless nol 75 mil and shareholders. Wmih purchase a sub and now renamed to poop. No cash will go to poop except for 2.5% of commons destruction. Poop is under new management nothing to do with Kkr. Unless they were part of original hedge funds do not remember that. Kkr profits will come from poop if they have any. They converted their p’s to get divi of commons for poop shares only. However anyone owning poop commons will get a poop divi. Kkr will not get a distribution of the retained earnings nor will the get special divi from WMI.
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distrojunky

12/02/20 1:24 PM

#640496 RE: AZCowboy #619053

AZ,

Should the Capital Trust already distributed their last payment of this year? So I guess we are waiting for WMIH to forward to us Escrow holders of WAMUQ?

TIA Distro


Regarding the WMI Bankruptcy Segregated, Capital Trust, who's point # 3 of 3 of the liquidation preference, is the original releasing common share owners ("stockholders") of Washington Mutual Inc., Remember, the Capital Trust was kept separated' from the WMIIC / WMI BK's ... (attachment H)

Distribution Dates
February 1, May 1, August 1 and November 1 of each year,

Distribution Rate
5.375% per year on the stated liquidation amount