~ BoardDork, As Always', You Are On The Right Track', Since The WMI Preferred Managing Subsidiary, Obviously Existed', AND Was Receiving Interest Earnings' "BOTH" pre the WMI BK's as well as Post the WMI BK's, Once Judge Walrath Capped The "piers" and Ruled the "piers" to be Paid With WMI's Cash', ... Leaving The WMI Cap Trusts Debentures' Debt Support, Un Touched' ... That meant that any WMI' Cash and Tax Refund funding used would have gone directly to a releasing Common Shareholder', ... as a releasing WMI Preferred Holder, would have been able to receive the specified interest generated funding held in the separated WMI Preferred Subsidiary' ~
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