LG
That is WHY IT WAS SAID
"""YOU EITHER ELECT TO PARTICIPATE or you WILL NOT BE ALLOWED to participate."""
Now how on earth can any come to the game after 3-19-2012 and be allowed to participate in something that REQUIRED them to SIGN OFF ON and be a part of it on 3-19-2012.........WHEN THE OWNERSHIP CHANGE TOOK PLACE
The markers ALONE should be a clear enough indication that there were 2 classes of ownership THOSE BEFORE the OWNERSHIP CHANGE and those after and only those before the OC THAT ELECTED TO PARTICIPATE WILL PARTICIPATE.
I can 100% guarantee that not one person here that elect NOT TO PARTICIPATE or bought shares AFTER 3-19-2012 got one WMIH SHARE or ANY MARKERS, WHY NOT???? Because they were not part of the participating CLASS of shareholders........................ THE GOLDEN ONES
Try calling up a booky 2 days after the super bowl and TRY to place a bet
Ya just can't get there from here, THAT HORSE IS OUT OF THE BARN
It has been suggested by sandy that all will participate in the payout pre 3-19-2012 or POST 3-19-2012 as COOP IS THE TELL, WELL I'll TELL YA RIGHT NOW , THAT AINT GONNA HAPPEN, the only ones that have any claim to anything held off book or in safe harbor are those that OWNED IT WHEN this WAS WAMU or elected to participate in the OC..........................................
Lets do it this way, I own a home I have an insurance claim while I was paying the bill, I file the claim and then decide to sell my home, THE NEW OWNER HAS NO RIGHTS TO MY INSURANCE CLAIM just because the insurance co as taken 6 months to ply my claim, I OWN the claim becasue I owned it at the time and file while I owned it
Bullish