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06/25/12 8:47 PM

#373248 RE: marayatano #373246

WMI did NOT own directly the WMBFsb stock but did own the bank. fsb was created for the stock but the assets for fsb should belong to wmi...........

Civil War General

06/25/12 9:39 PM

#373253 RE: marayatano #373246

Show me a pre BK link.

Not according to the OTS and page 93.

http://files.ots.treas.gov/730021.pdf

Also: Principal Subsidiaries: Washington Mutual Bank; Washington Mutual Bank fsb; WM Life Insurance Company; Murphy Favre, Inc.; Composite Research & Management Co.
http://www.fundinguniverse.com/company-histories/washington-mutual-inc-history/



Oh and that insolvent bank?
Assets - The sum of all assets owned by this bank including cash, loans, securities, bank premises and other assets. This total does not include off-balance-sheet accounts. $31,873,723,000

http://www.bankingdetail.com/banks/branches/washington-mutual-bank-fsb-salt-lake-city-utah.asp?pg=1

See page two History of Washington Mutual Bank! FA
And page nine History of Washington Mutual Bank, FSB

http://www.scribd.com/doc/54229846/Washington-Mutual-Bank-FA-Becomes-WMB-Washington-Mutual-Bank

Only in WMI pleadings created by Rosen and Weasel, Gotcha and Mangle post BK do we find the assertion that WMBfsb was owned by WMB not WMIH (all to JPMC"s benefit, of course)