Who are the susbstantial holders- TPS, TPG and SNH's. They can not sell yet they have to exploit the NOL by whatever playbook, even if one assumes there is nothing else in the new company.
They can not sell but they are patient and shrewed and want more from the end-result and more for themselves. The MMS "specialists" have some money to make too. So expect a Rodeo contest that each of us has to participate in. Some of the bull-moves we can anticipate and withstand without fear and frustration because of our collective experience and endurance developed by being in the WAMU game. However, some moves would be shocking and letting go would seem like a better option. Like a Rodeo champ,however, you just have to hold on and ride on without letting go.
Just as I thought, the games would continue. Welcome to the second round, WE are here to win....