~ LP, In My Opinion, The Process Has Been “Purposely” Distracted As Well As Continuously Evolving’ ~
... These (questionable) “Smart People In The Room ?”, have obviously had an “Agenda” ... on many fronts ... as it continues to the present tense within the (the)*Mr Cooper Groups SEC Filings ...
”AZ, is the FDIC using pending LIBOR settlements as an excuse for not settling class 17? If so, we might be in trouble. I doubt FDIC will lean on any bank right now for LIBOR payment -- LIBOR will probably be settled next year at the earliest.
If FDIC cannot settle class 17, then they will not close the receivership, and I'm starting to believe we will not see our class 19 and 22 markers paid out until receivership closes.
What are your thoughts on this. Are remote bk entities really free to distribute to class 19 and 22 without 17 being settled?”
Regarding any forward moving “Libor” issues involving the WMI-LT ?, I took all of that conversation as simply more of the WMI-LT’s notorious ... “BUNK”, ... the WMI-LT only represented the Washington Mutual Inc., “Holding Company”, that obviously Filed for Bankruptcy Reorganization and had its Plan of Reorganization both Approved and Implemented (03/19/2012) ... so no, any forward moving “Libor” Litigation Issues ?, would be a concern limited to any of the aligned original WMI direct subsidiary’s or an indirect subsidiary ...
Regarding any continuing “Class Considerations”, ... ? ... I believe that ship sailed when the BK’s were terminated and the WMI-LT submitted its final ... again respectfully to you, ... the WMI-LT is done and no longer a concern ... there are those that simply can not ... “let go” ...
... Currently’, ... as an investor In financials for many, many, years, ... with the BK’s closed and terminated, ... the reorganized company’, trading as symbol “COOP”, is my 100% total focus, ... the WMI-LT was able to (past tense) camouflage, twist, and obfuscate wording, with help ... BUT’ ? ... all of that was allowed within the confines of the Delaware Bankruptcy Allowances as well as the (abused) Delaware “Local Rules” ...
Carrying that thought forward ?, ALL of that ? Is now thankfully over, as the Nations’ SEC Rules come into context ...
... That’s why I’ve been focusing my study and research on the actual company, ... “WMIH-Corp” ... and how the SEC registration, 10-Q’s and 10-K’s have been and are currently are being used ... the “Corporate Structure” of the reorganized WMI, into WMI-Holdings Corp., which transitioned into WMIH-Corp, ... as the continued Parent Corp., ... and what is going on with this investment, ... is truly an Investors “Dream Come True” ... COOP’, is a financial monster from behind the scenes ...