FROM BK COURT-The CLOSEST TWO POSTS WE GET FOR CONFIRMATION ON MONIES RETURNING UNTIL ACTUAL DISTRIBUTION AND/OR FILING
First Post - From WaMu BK Court as this info ties in perfectly with former Poster, CBA09 who was a Certified bank Auditor that knew EXACTLY how the process works and shared with us until ABRUPTLY disappearing:
*The Holy Grail*RETAINED ASSETS*YOUR HONOR*They Will Still Be There*
Some Investors Need To Take Note of What Was Said in The COURT TRANSCRIPT
The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine. We also have in there the part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained assets.
Now, it's my position, Your Honor, that the examiner doesn't need to know much with the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through. But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.
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Second Post - NOT ONLY FROM THE WaMu BK COURT BUT FROM THE HORSE'S (Judge Walrath) MOUTH
FOR THOSE WHO SAY NOTHING COMING BACK - NOT ACCORDING TO SOME VIPs
1) Hedge Funds - The assets will still be there, they can go after them later and I understand they may want to do an evaluation
2) Judge Walrath - let me posit the reorg company being worth ten billion. Isn't this something that I MUST take into consideration to ensure some are not getting more than they should
3) Judge Walrath - speaking to Equity - what are you worried about as you will be riding the Hedge Fund's coattails
***NOW LET ME TELL YOU WHAT JUDGE WALRATH REALLY SAID CONCERNING NUMBER THREE***
YOU WILL BE RIDING THE COATTAILS OF SEVERAL MULTI-BILLIONAIRES WHO HAVE THE COMFORT OF KNOWING THE DETAILS AND YOU WILL BE JOINING THE RARIFIED REALM
HAVE I TOLD YOU LATELY HOW MUCH MORE, MORE AND MORE I LOVE MY TIMELY SIGNED RELEASES?
