yes, yes....the SNH were caught double dealing by Nate Toma's letter, and the Judge sent the parties to mediation before an independent judge...the equity was represented by the most prodigious bk attorney in the world named Sussman, with two tiger attorneys, Folse, Sargent, who did the cross examinations of these henchmen representing the Debtors, et.al. Kosturos, and others ...Folse was stymied at each question as to WMI assets by "client attorney privilege"...I listened to the testimony, as did others held in court....the judge then ordered remediation for one month to get to the bottom of Nate's objections.... they did, and after it was over, shareholders were included in POR 7, which they were not in POR 6... both Sussman and Willingham went on record as saying the result of the mediation hearings was "Fair and Equitable to equity holders".....the time to complain for members on this board was then, not 10 years later....If you still believe that you were not fairly remunerated for your losses, the time to complain was when the chapter 11 hearings were announced, and asked you to sign a release....the chapter 11 said equity was to receive 200 million in new shares, 75 million in cash, and a Letter of credit for 125 million...THAT WAS IT, it also stated that with the creation of the WMIL-T, creditor claims would be made to all classes... PLUS EQUITY.... it did not say a later payout from WMIH would be made from any residual assets (if any) would be made..... equity got their F/R as a result of the efforts of Nate Toma letter to the court and subsequent mediation hearings....the "cure" for "colorable insiders trading" was equities inclusion into the new company....if you are not satisfied with what the judge gave you..., then get an attorney, and re open the chapter 11... jawing incessantly on a message board will not bring money to you.....GET AN ATTORNEY......Lodas
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