~ Adding More “Proof” … Proof that’s been SEC Available to Support The Continued Functionality of the Releasing to Participate Equity Positions Financial Support … ~
WMI pre the 09 / 2008 seizure and chapter 11’s thru 2018’ (yes, well past the 03 / 2012 Reorganization) … was the SEC reported Preferred Funding Sub, … which upon a yearly sequential review shows accounting for inbound earnings and outbound expenses … as well as its accumulated contents being used for the early pay-off of the run off notes …
This information was also posted by ol’ cactus years ago and was twisted and dismissed … the “P” supporting sub was never completely emptied,
Through a surprising and losing result (thankfully) … Alice filed anyway in 2019 …
AZ’s Earlier Examples and Actual Proof; … the Segregated Cusip Specific Releases to Participate dictating one’s actual amount of individual ownership and of what’ … the “Three” Wells Fargo Property / Indentured Trustee Bank Accounts, Are Not Able To Be Commingled (Trust Sweep Accounts) … and, the WMI-lt now closed up …
And, on credible information … the WMI-lt’s checking account, … “Was’ Properly Emptied”
ol’ cactus always has dry powder … a result of proper life’ planning … LOL’
just sayin’
AZ
Bullish