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Tuesday, December 01, 2020 3:15:39 PM
Also, remember, these same UWs received an additional year to sign releases. Why was this? My answer, so Rosie could get rid of SG who would have challenged the Stipulation and once SG was gone, there was no one to defend Equity except Rosie, so like I said no one to defend Equity?
These same underwriters (below) have underwritten many other MBS Trusts for other failed banks in the past and they know the process and know how to get paid from bankruptcy-remote MBS Trusts.
5) So, all the big players: Bonderman et. al., Grayken et. al., Savitz et. al., Tepper et. al., the other SNHs (Aurelius, Owl Creek, Centerbridge), and all the other Hedge Funds, and of course currently the Underwriters are all Class 19 Equity Escrow Marker Holders.
Could this be the real reason...there is LARGE GREEN in class 19.
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