"""then why do they have to be "liquidated" as you state below... Seems like a contradiction.."""
YEPPERS you imho are 100% correct
WMI's assets are ALL OF OUR ASSETS (EQUITY SHAREHOLDERS)!!!!!!!!!!!!!!!!!!! VIA our OWNERSHIP IN THOSE as indirect beneficiaries of those values.....
This is gonna be very interesting to see exactly how this is all done and over
Notice how for years on end, it was SAID """EQUITY OWNED the assets and THEY HAVE TO DEAL WITH me was the mantra!!!!!!!!!!!!!!!"""
That is until the company(LT) came out and stated that PREFERD and COMMON shares were equity....... THEN and only then was that mantra ""CHANGED TOO COMMON EQUITY gets it all years of EQUITY gets the estate had to change to COMMON SHAREHOLDERS guess it didn't work anymore after the LT called both EQUITY!!!!!!!!!!