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ron_66271

02/25/24 2:31 AM

#723757 RE: iPrelude #723755

Incredible DD and Post IPrelude.

Great job Split_T and IPrelure.

Many corporate names to hide the many parts of the sausage.

All of the assets are still there awaiting distributions to the equity classes.

Nothing has been lost.

Yes, more than Far and Reasonable all based on ownership.

It’s time for the FDIC to complete the process.
JPM lost!!



Ron
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xoom

02/25/24 7:40 AM

#723762 RE: iPrelude #723755

Great DD. Thank you.
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b3

02/25/24 9:33 AM

#723769 RE: iPrelude #723755

WMI Holdings, Inc. (WMIHC) is a holding company that emerged from the bankruptcy of Washington Mutual, Inc. (WMI) in 2012. According to the web search results, the assets that are controlled and owned by WMIHC are:

WM Mortgage Reinsurance Company, Inc. (WMMRC), a subsidiary that provides reinsurance for mortgage insurance policies.
WMI Investment Corp. (WMIIC), a subsidiary that has no assets or liabilities.
A net operating loss carryforward of approximately $6 billion as of March 31, 2013, which can be used to offset future taxable income.
Cash and cash equivalents of $423.2 million as of March 31, 2013.
500,000,000 authorized shares of common stock and 5,000,000 authorized shares of preferred stock, with a par value of $0.00001 per share.
Bullish
Bullish
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Boris the Spider

02/25/24 11:47 AM

#723775 RE: iPrelude #723755

Look at this list of WMI subs! Wow.
Thanks i prelude and Split T.