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Re: db7 post# 225

Monday, 07/25/2022 2:27:49 PM

Monday, July 25, 2022 2:27:49 PM

Post# of 246
Reports detail cash receipts and disbursements.

Using TMST Inc (fka Thornburg Mortgage) as an example, the trustee eventually settled with GS under seal years ago, however no financial impact was reported. I suspect it was sealed not only to protect the settling defendant but also keep the remaining ones in the dark. The settlement has been reported in every subsequent report, just no numbers. If there is some cash received, it has been held in escrow (although it may have been obscurely annotated in a GS 10-Q/10-K. Once the plan has been confirmed, the final outcome will be known.

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