LP, just imagine there is a Parent (Possibly Grandfather) and a couple of kids (subs) and no telling what the Parent has been up to. There are some of us that also believe that WMI INC is still alive and do not forget about WMMRC.
To me, there is no doubt some legal trickery going on here because in my view the investors who signed timely releases by 3/2012 own the former WaMu Estate.
I and others also believe WMI INC will offer the timely released investors a private placement of stock once they assign a book-value to the Safe Harbor assets. Then they assign a threshold and either the investors play along for about ten years receiving 2 to 4 annual distributions and/or sells out to WMI INC either because they did not meet an assigned threshold or because they wanted to sell out completely.
The only entity that will be allowed to buy an investors share is WMI INC so the Estate does not fall into anyone else's hands. It sure will be a relief to finally see some resolve in this travesty.
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