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Monday, August 26, 2019 12:22:52 PM
Next month's hearing is crucial, but we don't yet know what will transpire on the 26th. Time will tell. My guess is this is the beginning of the wrap up.
Then Nov 1 will conclude the LT's role, with a likely small payout to escrows. After that the bk can close by EOY. I believe the judge wants this off her docket once and for all. If (as we believe and as documents prove) there is asset money it can be disbursed any time after Nov 1. Could start sooner than that but I am being conservative.
I believe that the hedge funds are just waiting for the bk to close. Then they will see what happens with payments from assets. If payments do not happen I fully expect an onslaught of lawsuits by the hedge funds. They and the UW know what lies behind the curtain and they all want their money. Us too, as we ride their coattails.
So, my best guess at this point is, a small payout on 11/1, bk close out, then payments to escrows from assets....otherwise the lawyers swoop in from the big boys to raise holy hell.
Also remember the intense corruption we all are up against. The sinister players that I believe to be involved, Holder, Obama, Bair, Paulson, Dimon, et. al., will do all they can to hold on to this heist...the financial crime of the century.
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