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Monday, March 16, 2015 12:35:27 PM
It has nothing do to with WMI LT for as much as I know.
I do believe this is why PIERS class 16 payments and Employee claims are dragged out for so long.
I also believe these claims and class 16 will be paid before the definitive reincorporation of WMIH into the state of Delaware and the reconciling of our assets at Thackeray III Bridge to WMI LT.
We were not waiting for reconciliation of FDIC Receiver with WMI LT, but reconcilation of assets from Thackeray III Bridge, LLC (where as much as 38-151 billion in assets, along with the accompanied amortization payments and interest) to WMI LT IMO!
Sorry to correct you on this LG :) I don't think you'll mind though. You were on the right path IMO, and helped us much in your DD to point us all to this! Also made possible thanks to the efforts of Boarddork!
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