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Post# of 730264
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hotmeat

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hotmeat

Re: mattchew post# 500231

Wednesday, 12/13/2017 7:26:28 PM

Wednesday, December 13, 2017 7:26:28 PM

Post# of 730264
Quote..."The proven value of WMB was to proceed with the BK, which was found to be solvent during the BK proceedings, but the debtors decided to continue down the BK road!"


Firstly, WMB never went through the bankruptcy process, they were part of the FDIC Receivership.

Second, I'm saying before JMW the Debtors showed the court that there were not sufficient funds to reach Commons or Prefs.

The outcome, after mediation, would have been that Commons were cancelled, leaving Prefs to own the Estate.

If that had occurred, how could the ""Original Owners of the WMI Estate"", receive any distributions as is claimed???

My point being that the GSA/POR7 governs any and all distributions to our Tracking Markers!!!

AIMVHO

Escrow Returns: $2-$10 Billion

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