News Focus
News Focus
icon url

johnlconfer

08/19/24 9:57 AM

#733035 RE: lodas #733034

Wow Lodas you sound more like AZ everyday! Correct the old securities are done. However the 5th court said as reported in Globic in December 2017, that Bankruptcy law has no control over trust assets! As AZ has explained numerous times. There are 9 super trusts whose Beneficiaries are the previous owners of WM equity and bonds! Welcome to the team.

Semper Fi
icon url

goodietime

08/19/24 12:26 PM

#733048 RE: lodas #733034

"WMI converted the preferred to commons,"

That is NOT CORRECT!

There are NO Common OR Preferred. They are simply called EQUITY.

Obviously you don't understand what you read. That might explain your negative viewpoint.