~ ND9', Hello Sorry to have taken awhile to respond however, I am very' busy with many things these days as "WE" wait for what WMIH / COOP has planned for "US" to occur, and coming rapidly' ~
what I am attempting to portray is ... BOTH' ... pre seizure of the Bank and pre WMI BK, and post the Plans Implementation, ... the Preferred Managing Sub is SEC listed and the accounting can be reviewed' by anyone and or everyone that truly has an interest' ... the point is ! ! ! ... it is and always has been the Company' that has controlled the Preferred Managing Sub, and ALL of its inbound receipt of earnings returns as well as the Company', that has controlled the use of the funding' ... These accounting reveals are SEC accounted for with the Company's Allowances to use the CASH' to pay the KKR 3% quarterly coupons ($18,000,000.00) as well as the accounting reveals of the Pay Off of the Run-Off Notes' ... again, point being that the Company is and always has been in complete control' ...
No one' ? has ever appeared to be remotely interested in these particular SEC Accounting Submissions, along with the placement of this sub under the management of WMMRC (the PMI insurer) which again per the SEC submissions, has now been dissolved' ... along with the timing of the application of the misread' PLR ...
I hope that helped answer your concern' ?
AZ
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