News Focus
News Focus
icon url

juicyjuice10002

03/29/26 10:05 AM

#7863 RE: DocKB #7861

Gemini is now confused but I still trust various long term posters on this board and boardpost who have confirmed over $20-30 billions to be returned to legacy shareholders by following:

1. WMB trust(s) naming WMI as beneficial owner
2. JPM
3. Rocket Mortgage
4. FDIC who felt WAMU was worth 400 billions.

These posters have seen the documents, participated in the bankruptcy proceedings and even attended the court and challenged the bankruptcy. This bankruptcy is no different than Lehman and seizure of FNMA and FMCC which are coming to conclusion by the end of this year IMO.
icon url

PickStocks

03/29/26 10:34 AM

#7866 RE: DocKB #7861

Let’s not forget Cactus can see those 3 accounts….as long as we have that we are golden…….🥴🤣😅
icon url

KeyKey

03/29/26 1:26 PM

#7872 RE: DocKB #7861

Same what I have discovered.
Depends on what you feed :-):
Or you maybe should try tomorrow once again :-).
Anyhow, there is still some hope left.
icon url

stoxjock

03/29/26 1:26 PM

#7873 RE: DocKB #7861

If Nothing Else, this goes to show How Far AI 'has Evolved' in its 'Deviousness'....

And Now, we have Bi-Tech Scoundrels at the likes of Microsoft, Google/Alpahbet/Meta/Amazon trying to Push all Our Privacy data onto their "AI Super Data Centers" to "Take Control of our Lives" and make us their "Hamsters 'Stair-step Running' on their Giant Wheel'....
icon url

stoxjock

03/29/26 1:26 PM

#7874 RE: DocKB #7861

If Nothing Else, this goes to show How Far AI 'has Evolved' in its 'Deviousness'....

And Now, we have Big-Tech Scoundrels at the likes of Microsoft, Google/Alpahbet/Meta/Amazon trying to Push all Our Privacy data onto their "AI Super Data Centers" to "Take Control of our Lives" and make us their "Hamsters 'Stair-step Running' on their Giant Wheel'....And I am a Techie Career-wise, but now I am the "old-Techie", as my area is not AI, Not Yet...
icon url

newflow

03/29/26 3:56 PM

#7877 RE: DocKB #7861

Doc... feed this and ask whats the opening balance sheet of WMI Liquidating Trust/DCR on Effective Date?.
https://www.sec.gov/Archives/edgar/data/933136/000090951812000138/mm03-2712_8ke991.htm
icon url

ron_66271

03/29/26 4:06 PM

#7878 RE: DocKB #7861

AI Doesn’t Understand the 363 Sales.

The 363/365 Sales took place in Plan 6. Those assets are listed in the Equity Committees Presentation during the Plan 6 hearings where EC asked for control over the Liquidation Trust.

JPM purchased these ~$25 Billion in assets from WMI.

I don’t know Why WMILT only accounts for $20.77 Billion in the February MOR.

The money, the obligation.
The obligation, the money.

As I said in an earlier post, you have to pay close attention to the use of the parentheses in the table as they move from left to right.
Note that RE doesn’t make it to the right hand column for the Plan 7 LT for Creditors.

You will also find that the Retained Earnings are never discussed in the body of the Plan 7 filing.

That is because RE and other assets are in the Plan 6 LT for Equity.



Ron