Split T, check this out as I believe a DST is the main source of eventual payouts to those who signed timely releases by 3/2012.
Look at the bottom of the 8/1/2012 8K you will see a couple of interesting pieces below. Remember, most of the former WaMu assets were more than likely put in a (DST) Delaware Statutory Trust. Therefore, nobody owns a trust however, there are beneficial recipients to a trust.
Now look at DST Trustee Kosturos signature/title then think about what all of this means when you understand there was an ownership change on the (ED) Effective Date of March 19, 2012 which connects the last link in the chain of title to the new owners of the former WaMu Estate. Notice on behalf of (WMI) or Washington Mutual Inc. which I believe is still alive and will play a future role.
Now you realize why Charles Smith and Doreen Logan are the very last two administering the final dissolving of WMILT which has not happened YET so there are obvious reasons for these two to be the very last standing as they know where all the gold and bodies are buried!
WMI LIQUIDATING TRUST
Date: August 7, 2012
By:
/s/ Charles E. Smith
Charles E. Smith
General Counsel,
WMI Liquidating Trust on behalf of
Washington Mutual, Inc. and
WMI Investment Corp
_________________________________
10.1
Amendment No. 1 to WMI Liquidating Trust Agreement, dated as of July 30, 2012.
10.2 WMI Liquidating Trust Agreement, dated as of March 6, 2012, by and among Washington Mutual, Inc., WMI Investment Corp., William C. Kosturos and CSC Trust Company of Delaware, as amended.
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