BBANBOB
7 minutes ago
HMMMMMMMMMMMMMMM
Now lets take a trip down memory lane, you ALWAYS SAID that """EQUITY ALWAYS OWNS THE COMPANY RIGHT""" ?
THEN ALL OF A SUDDEN and out of the BLUE once the 8K and PR came out about the 75/25 payout matrix to """"QUELL MESSAGE BOARD RUMORS and ""MISINFORMATION"" and stated that PREFERD EQUITY and COMMON EQUITY will be 75/25
AND ONLY till that happened did you start saying COMMON SHAREHOLDERs own the company, before that you ALWAYS STATED ""EQUITY ALWAYS OWNs a COMPANY""
Can you please make up your mind and stop blowing with the wind you want to be blowing the way ya want it to blow, THEY TOLD US ALL pre election and twice POST election how it would be.
""WMI's common shares OWNED The Washington Mutual Inc. "Holding Company" ... Period ~ "
TIME WILL TELL AND TIME TELLS ALL your lemmings are imho gonna be real pissed off when they realize, this was a NEGOTIATED SETTLEMENT that changed what would have normally been, where prefrds would only been allowed to get full face back and then the balance would go to commons!!!!!!!!!!!!!!!!! BUT with the ""NEGOTIATED SETTLEMENT those rules were change..
The real tell as you like to say, was them putting out the payout matrix before we voted!!!!!!!!!!!!!!! You don't seem to understand they did this to legally cover their collective rear ends in case of lawsuits and they did that very well, as All here were told the truth AS TO EXACTLY HOW THE PAYOUT WOULD BE MADE prior to them electing to participate AND NOW CAN NOT be sued for not being honest with all that PARTICIPATED
We'll see and hope we will all be here to see
All will be fine, it is just that some will be FINER THAN OTHERS
Have a great day pondering that
AZCowboy
47 minutes ago
~ Following Up John, (busy yesterday), ... "WE" were the "purchasers" of the WMI offerings' ... "WMI" was the participant in the "9 investment trusts", all nine were simultaneously moved, (10-K's) ... as well as other WMI owned financial products ~
... * Only the WMI Holding Company "Filed" for chapter 11 protection' ... and was Court Approved to be reorganized' ... 2012's, WMIHC then to 2015's WMIH
... * the operational subs' of the WMI Holding Company were used for financially positive inbound income' ... the 10-K reported listing for WMI's subs was extensive' ... functioning separately from the Holding Company
... * "ANY" access to the perspectives and audit reports on the 9 investment trusts as beneficiaries? ... would be available to the WMI Subsidiary used', AND NOT ever be made available to US' (we') ...
... * only Three of the Nine Trust Cusips, are Cusip related via a Release Document, specifying the owner, and the amount of ownership,
===================================================================
* cofffeeeecup confused the process many, many, many times, and continues to do so'
* the Underwriters WERE NOT EVER going to allow the Plan to be disrupted, especially AFTER the Trusts had already been moved, prior to those filings court submitted in 2019' that WERE NOT Successful
* now, 40,000 (ish) poster does the same, with the 75/25 distribution ratio's promotions, LIMITED up to and until the, ... "THE END OF THE wmi-lt" ... the wmi-lt is done' ...
* ronn-emoji ?, ... misunderstands the most', ... first, just who was actually released (stickied on this bulletin board), (NOT), ... misreading the 2012' MOR's and believing that a chapter 11 COURT allowed to reorganize, with retained earnings' held back, doesn't happen (NOT) ... likes to post without positions owned ...
* R-D, is a close second ... way, way, way, off the rails (iggied)
===================================================================
BONDS, ... WMI's, 19's and LBHI's... WMB Notes / Euro Bonds (original 17's) and the LBHI CT's (original 10-a's) ... L@@K GREAT, (checked daily, along with all free WaMu) and are the canary's in the coal mine' ...
"COOP", as a WMIH 2018 acquisition sub grouping, doesn't have the asss to cash the WaMu / WMIH checks' ...
raggi65
1 day ago
Dragoon, some clocks tick differently; only in 2040 will Lodas be eligible for a midlife crisis and Jamie get his wisdom teeth.
But in 2040, science will be so advanced that the most important figures in human history, namely Lenin, Kissinger and Lord Rothschild, can be brought back to life and the Golden Age can begin✌️
lodas
1 day ago
yo ron????.... you still did not substantiate your assertion that WMIIC is where the Trusts hold the money for your assumed recovery.... I provided the documents that stated WMI liquidated the WMIIC Trust funds, then subsequently closed them down when the chapter 11 was finalized....WMIH, successor to WMI states in the 2013 WMIH 10-K that WMIIC does NOT EXIST ANYMORE!!!!....now ron, in order to be credible, you must BACK UP YOUR ASSERTIONS AND NOT HIDE BEHIND THE IGNORE BUTTON!!!.....in addition, common shareholders in no way own the estate.... WMI made that fact very clear in their language that WMI held ownership of the estate, before, during, and AFTER THE PENDENCY OF THE CHAPTER 11 RESTRUCTURING CLOSED!!!!!.... now, be a man, and defend your assertions..... Lodas