I'm Still Here. Hi BD. HLCE.
Thanks JB9.
I stopped posting because Alice was using my support information from the Equity Committee presentation and the Discovery Document against the LT.
Actually I'm clad that AG didn't lose her ESC's due to 41.7. She could have lost it all and her 'backers' suffered nothing. Paying attention BB, LG, others, and most of all Mordi?
The LT's function is to pay the Creditors. The LT for Creditors never lied to us. The LT paid the Creditors. Done. Closed, almost liquidated, then terminated. DONE.
The RE/DCR of $20.78 Billion in the February MOR of 2012 was not in the last far right column of the the LT's ledger of which only $155 million was designated for LT creditors. Note that the base obligation amounts to Preferred holders of $7.5 Billion is accounted for as of February 29th. This was before Plan 7 and 75/25% implantation for only BK recognized assets. Reminder ~$32-~$8=~$24 Billion. One of the ~$4B of the turn-over or the TPS exchange event is not accounted for in the RE/DCR. The Numbers work. No one lied, you just need to understand the attorneys are not talking to you but to other attorneys. This is the LAST of 75/25%. Bop's number is as I understand is 2.5X. I'm at 2.8X for Class 19.
Preferred Funding Accumulation.
Thank you AZ for the numbers. AZ has done great work in finding and bring forth the background asset of the WMI machine. This pool is largely for Series R 'P'. More Big Numbers for P's. Just smile.
Understatement Thank You AZ for your work on the PF and ABS/MBS.
Please no more litigation and 'stuff' to the LT. Let the LT terminate.
ESC. If the ESC's are worthless, you need to pay a service fee to maintain them in your account. Because your ESC are not worthless...
Hint!.
Hint 2:
WMI was a $375 Billion company with only $8B debt, and WMB's $13B in notes was backed by $26B.
Yes HLCE coming,
again, relax and let it happen.
Ron
