InvestorsHub Logo

tzebedee

03/26/24 7:24 AM

#725004 RE: diamondguru-one #725003

Lol … 80 and a new all time high will be nice. Let’s go!!
Bullish
Bullish

lodas

03/26/24 11:35 AM

#725017 RE: diamondguru-one #725003

WAMU and WMI does not exist anymore....shares were cancelled, extinguished, and all rights of preferred shares under the prospectus were deemed null and void...JPM did not want the unsecured debt, those went to the FDIC and is holding them for the 14 billion dollar deficit in the balance sheet of WAMU...Rosen said WMI held no Safe Harbor assets...this fact is borne out in the 2013 WMIH 10-K SEC document... there will be no additional recovery for common and preferred classes 19, and 22, as they were deemed "impaired" by the chapter 11 closing document... all escrow "markers" were deleted by WMIH when it exited chapter 11 as being "worthless"... now , make your case why you will be given added recovery... sunshine.... Lodas