Friday, February 20, 2015 9:58:24 AM
However, ... Yes ... The ( -esc ) escrow markers will be the recipients of distributions ... The process has always been planned to ultimately be connected ... Retailers that released on merely the "trust" of our people will fair quite well ... those that chose a different path, ... will not be involved, in the entire program ... only to the level of an individual's participation ... either in newco, or the markers, or in most cases, ... BOTH' ... two sources of returns ...
Again, at the time, many could not vision beyond the WMI Bankruptcy, ... However, the FDIC's seizure of WMB, kept all issues off limits, while the Purchase and Assumption Agreement was still intact between the FDIC and its receiving bank, JPMorgan Bank, N.A ...
Mildly, and simply put ... Apples and Oranges ... between the two processes'
The Trusts will be returned to the original debtors estate, by the FDIC ... Our own liquidating trust ...
The "trust" as it exists, does not have the mechanics in place to handle these operations, which is why, Blacksone has never been far away' and the reason for our new friends, KKR & Citi ...
Both will flourish as the process is realized ... The new company ? WMIH ... and the holders of the trust markers ...
AZ
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