Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,816.89
(
-0.11%
)
US TECH 100
24,499.60
(
0.38%
)
Dow Jones
47,916.57
(
-0.56%
)
Brent Oil
92.41
(
0.00%
)
Bitcoin
71,214.15
(
-2.55%
)
News Focus
News Focus
Post# of 749756
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

hotmeat

Send PM Follow Ignore
Followers 72
Posts 10407
Boards Moderated 0
Alias Born 09/30/2006

hotmeat

Member Level

Re: mattchew post# 516894

Thursday, 04/19/2018 10:01:07 AM

Thursday, April 19, 2018 10:01:07 AM

Post# of 749756
What's the point???

What i posted, based on the wording, means that ALL assets that WMI owned/held as of the ED were considered to be LTA'a...ALL!!!!

On the ED, only some (CERTAIN) assets were transferred to the LT to be liquidated and distributed to LTI holders.

I speculate that IF there are SH interests owned by WMI/WMIIC (ie "the Debtors") that those could be returned once circumstances permit.

Escrow Returns: $2-$10 Billion....75%/25% to the End

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today