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Re: ron_66271 post# 510872

Saturday, 02/24/2018 4:21:36 PM

Saturday, February 24, 2018 4:21:36 PM

Post# of 732424
Also One of My All-time Favorites – The WaMu “Holy Grail” – Your Honor, The Assets Will Still Be There – The EC Can Go After Them Later

Pages 70-72 of Transcript Link Below

We also have in there the part (b) of what is to be retained, and that is because in

negotiations that we had with all of the settling parties, with the equity committee

last week, with the FDIC, we did talk a great deal about the concept of the retained

Now, it's my position, Your Honor, that the examiner doesn't need to do

much with the retained assets other than say the assets are retained and therefore

the liquidating trust can go ahead and pursue them. They will still be there; they

can be carried through. But I understand that the equity committee is very

interested in having a neutral third party do an investigation of those retained assets.


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