~ Wait' ... Wait A Minute, What Was That Again ? ... or waist a minute, or waste a minute, or oh' just forget it ! ... LOL ~
oh yeah,
"the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
Is A Highlight of the obvious text necessary ? ... LOL ... "all of the assets of WMB, WMB, WMB, WMB" ...
and only the WMI Holding Company, went through Chap 11' and reorganized ... hmmmm, so let's see, ... what's NOT being referred to again' ... What's Missing ? ... oh yeah' I remember :) ... WMI's assets, then referred to as WMIH's assets ... how am I doin' KKR ? ... :) ... thanks, ol' cactus has done well' ... thanks again
Abba Da Ayy ! :)
AZ
Bullish