InvestorsHub Logo
icon url

drkazmd65

05/08/12 12:50 PM

#371186 RE: eighty #371185

The Litigation and Liquidation trusts have almost nothing to do with the new company, WMIH, it's asset/liability ratios, financials or much of anything else.

WMIH is what emerged from the carcass of WMI/WAMU. Most assets removed, most debts cleared, all future litigation money left behind. If any such money does eventually flow to old WMI equity holders - it will do so through escrow accounts we hold.

WMIH shareprice and future now has no link to legal claims left behind in the BK process.

That being said - I would love to see a Business plan, and consolodated outlook of assets/liabilities from the Newco. We won't really know what we hold here in the emerged company until after that happens.

Don't confound the two companies - old and new - in your mind.