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redisnieurt

03/14/22 12:51 PM

#682020 RE: BBANBOB #682019

Where are you getting 600B from?

WaMu had 299B in assets at the time of seizure.
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User-793611

03/14/22 12:55 PM

#682022 RE: BBANBOB #682019

BOB yesterday and a month ago, I repeated that there are people here in the forum who have ESCROW, but only here in the forum, outside the forum, have never owned escrow.


I have to read in my cards , I think I have 195000 , ahh I had.
Greeting
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JusticeWillWin

03/14/22 1:04 PM

#682024 RE: BBANBOB #682019

What don't YOU get when it clearly says “RETURN“? Nothing transferred to the WMILT can RETURN to the reorganized debtor, OK? Everything that was NOT TRANSFERRED (as I said in my post) always STAYED with WMI, the “reorganized debtor“, now COOP and does not need to RETURN? Got it now?

JWW

Again and imho AND THE COURTS as well

""IF IF IF you would read my post you could see that I said IF IF IF something in this magnitude is coming back AND COOP is the rightful beneficiary..."" COOP can NOT nor WOULD be that last link in the chain of title WE ARE

1. NO ASSETS of the ORIGINAL BK ENTITY CAN RETURN THE THE REORG'd DEBTOR What is it that you can't understand here????? Only a POSSIBLE 2.5% can, but STILL 2.5% of 300 or 600 bill is huge when a company only has 79 mill shares out.

2. This is probably even MORE IMPORTANT though, TO KEEP THE HISTORICAL ""PERCEPTION"" THAT WAMU was in fact insolvent, WMIH/COOP can not just come out of the woodwork and be all of a sudden VALUED at say 600 BILLION IN CASH or ADDED ASSETS!

AGAIN AND AGAIN, WHAT about this do YOU NOT GET???????????

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mwd44

03/14/22 3:24 PM

#682050 RE: BBANBOB #682019

BBANBOB-The key word in the statement saying that no WMI assets an return to the reorganized debtor is the word "return." In order for the assets to "return" to the reorganized debtor,WMIH, they would've had to possessed the assets at one time. Since WMIH never possessed said assets it wouldn't be a return. It would, therefore, be an "acquisition." You must watch Rosen's wording very carefully. He's tricky.