Xoom, Thank You for the kind words. Whether or not WMI Released Shareholders receive any money from the LIBOR Litigation or not, the litigation must end before the WAMU Receivership can close and disclose the real facts as required by law. The Settlement Note Holder are waiting just like we are
Rosen may or may not have known about the vast remote Trusts that WMI holds the Beneficial ownership of, we as releasing shareholders are beneficiaries of WM on a pro rata basis. Even if Rosen knew about the trusts, they were off limits during the Bankruptcy, as WMI's and WMII's Corporate Veils were never pierced. Judge Walrath shut our Susman Godfrey attorneys down every time they tried to introduce the assets of WMI and the idiots here that say otherwise are just full of it. There may be others that know what Trusts were within the WMI Litigation Trust, but for sure myself and three others have copies of the proof of their existence and know for a fact the assets were placed in Trusts prior to WMI and WMII Filing for Bankruptcy. When the Receivership ends we will actually see the Billions that JPM really paid for WAMU BOOK VALUE and the return value of the assets they stole from WMI. Over the past 15 years JPM has got filthy rich off the assets of WAMU Bank, WMI and WMII. It is my belief that JPM placed the Book value of WAMU in JPM shares in 2014.
I do recall an old gentleman that came to the COOP board and at first told "war stories" and such to gain the confidence of others. He shortly came out of the closet and the became the all knowing idiot. After his forth post I knew what he was all about. He just knows everything just like his alter ego before him. Naysayers are a dime a dozen, but for sure he makes more that a nickel a post.
Is JPM XXX. lol
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