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Re: Large Green post# 716210

Wednesday, 09/20/2023 11:22:52 PM

Wednesday, September 20, 2023 11:22:52 PM

Post# of 749756
LG i tried the same Q on Bard
There is no definitive answer to this question, as the disposition of the Safe Harbor monies has not yet been finalized. However, it is possible that there could be distributions to investors who signed timely releases by March of 2012.

The Safe Harbor monies are funds that were set aside to compensate investors who lost money in the collapse of WaMu. The funds are currently being held in a trust account and are administered by a trustee. The trustee is responsible for distributing the funds to investors in accordance with a plan that has not yet been finalized.

The plan for distributing the Safe Harbor monies will be developed by the trustee in consultation with the various stakeholders, including the investors, the government, and the former WaMu estate. The plan will need to be approved by a bankruptcy judge before it can be implemented.

It is possible that the plan for distributing the Safe Harbor monies will include distributions to investors who signed timely releases by March of 2012. However, it is also possible that the plan will not include such distributions. The specific terms of the plan will not be known until it is finalized and approved by the bankruptcy judge.

If you are an investor who signed a timely release by March of 2012, you should monitor the progress of the bankruptcy case and stay informed of the developments related to the Safe Harbor monies. You can do this by visiting the website of the bankruptcy court or by contacting the trustee.

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