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Re: ron_66271 post# 7878

Sunday, 03/29/2026 6:21:28 PM

Sunday, March 29, 2026 6:21:28 PM

Post# of 8387
Ron, in post 7878, you queried: "I don’t know Why WMILT only accounts for $20.77 Billion in the February MOR."

For what it's worth, Gemini answered:
4. The $20.77 Billion Discrepancy (February MOR)The Monthly Operating Reports (MORs) show the book value or estimated realizable value of assets currently held by the Trust.
--The discrepancy between the $25 billion (EC estimate) and the $20.77 billion (Trust report) usually comes down to valuation methodology. The EC often included the "face value" of tax assets (NOLs), whereas the Trust reports assets at "liquidation basis" (what they expect to actually receive in cash).
Summary Table
Item ---- Fact Check
Plan 6 Hearings---- Dec 2010; focused on the GSA and asset valuation.
363/365 Status ----- Functionally part of the Plan settlement, not a standalone auction.
$25 Billion Asset Value ----- An EC valuation of disputed assets/tax benefits, not a cash purchase price.
LT Control ----- EC fought for it; Plan 7 was the eventual compromise that created the WMILT.
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